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Summary sheet

Release date
18 November 2025
Status
Reference
Under appraisal | 28/07/2025
20250345
Project name
Promoter - financial intermediary
PWN - SUSTAINABLE DRINKING WATER SUPPLY II
PWN WATERLEIDINGBEDRIJF NOORD-HOLLAND NV
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 339 million
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

The project will co-finance part of the 2026-2029 investment programme of PWN, the fourth-largest water supply company in the Netherlands. The investments will extend and rehabilitate the drinking water distribution networks.

The project aims to:(i) adapt to climate change to ensure sufficient quantity and quality of water supply to PWN's customers, (ii) reduce water losses to increase water and energy efficiency and thus mitigate climate change, (iii) meet the demands for water supply in the service area, thereby enhancing the quality of life for the population. The Bank aims to mitigate market failures in the water sector by financing infrastructure that will make a positive impact on the environment, public health and climate, which are not fully reflected in the current water tariffs.

Environmental aspects
Procurement

The investments will contribute to the sustainable operation and management of water supply infrastructure with overall positive environmental impacts. The project supports compliance with the EU Water Framework Directive (2000/60/EC), the Drinking Water Directive (2020/2184/EU 98/83/EC) and EU and national environmental legislation. It will contribute to climate action and environmental sustainability (CA&ES) objectives. The investments are expected to have limited environmental and social impacts. Whenever a formal Environmental Impact Assessment (EIA) is required, which is not expected at the time of this publication, a copy of the Environmental (and Social) Impact Study or the Non-Technical Summary (NTS) or equivalent document will be provided to the Bank and published on its website. The Promoter will also be required to verify that all investments financed by the Bank follow the Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC. For any part of the project that may impact on a nature conservation site, the promoter will be required to provide to the Bank information on the mitigating measures required to comply with the Habitats and Birds Directive.

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, 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, as and where required.

Milestone
Under appraisal
Link to source

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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