Release date: 21 September 2017
Promoter – Financial Intermediary
OASEN NVLocation
Description
The project concerns the 2017-2022 investment programme into the production and distribution facilities of OASEN, one of Netherlands' smaller water supply company. The programme consists mainly of renewal and upgrading of water treatment plants, reservoirs and pumping stations, distribution networks, water meters.
Objectives
The project consists of a 6-year (2017-2022) investment programme aimed at upgrading of drinking water supply and distribution networks in the service area of the promoter (an area in the province of South Holland with a population of about 750,000). The project consists mainly of the replacement and upgrading of water production infrastructure, transmission mains and distribution network.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 70 million
Total cost (Approximate amount)
EUR 173 million
Environmental aspects
The investment is geared toward securing a sustainable management of water supply and distribution, bringing about positive environmental impacts. The upgrading of the water distribution pipelines, pumping stations, production infrastructure and other network and process optimisation measures are examples of components with environmental/resource efficiency impacts. Compliance with the EU Water Framework Directive (2000/60/EC), Drinking Water Directive (98/83/EC), and EU and national environmental legislation will be verified during appraisal.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/25/EU or 2004/17/EC, where applicable, as well as Directive 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU (OJEU), as and where required.
Status
Signed - 5/12/2017
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).