Release date: 5 February 2018
Promoter – Financial Intermediary
BERLINER WASSERBETRIEBE AOERLocation
Description
Financing of investments in environmentally sustainable wastewater treatment and water supply facilities in Berlin, Germany.
Objectives
The investments in wastewater infrastructure will improve the quality of receiving waters and energy efficiency of the wastewater distribution system in Berlin. The project will help the promoter to comply with European legislation regarding the collection and treatment of urban wastewater (Urban Wastewater Treatment Directive 91/271/EEC).
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 400 million
Total cost (Approximate amount)
EUR 800 million
Environmental aspects
The investments will contribute to the sustainable management of water and wastewater infrastructure with overall positive environmental impacts. Compliance with the EU Water Framework Directive (2000/60/EC), Drinking Water Directive (98/83/EC), the Urban Wastewater Directive (91/271/EEC) 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 EU procurement legislation, 2014/25/EU, 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 European Union, as and where required.
Status
Signed - 27/04/2018
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).