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    Signature(s)

    Amount
    € 125,000,000
    Countries
    Sector(s)
    The Netherlands : € 125,000,000
    Water, sewerage : € 125,000,000
    Signature date(s)
    11/01/2005 : € 50,000,000
    25/11/2004 : € 75,000,000

    Summary sheet

    Release date
    9 November 2004
    Status
    Reference
    Signed | 25/11/2004
    20040285
    Project name
    Promoter - financial intermediary
    Water Supply Province North Holland II

    PWN Waterleidingsbedrijf Noord-Holland NV
    Rijksweg 501
    NL-1990 AC Velserbroek
    F.H.J. van Oosterum
    Treasurer

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 125m.
    EUR 285m.
    Description
    Objectives

    A multi-year investment program relating to the modernisation and extension of the company’s production and distribution facilities whereby the integration and optimisation of the system components has become the main objective.

    The project will enhance the quality of life of 1.7 million residents of North Holland by improving the quality and reliability of drinking water supply services. The project will also help to ensure the sustainable management of environmentally sensitive dunes and wetlands.

    Environmental aspects
    Procurement

    The government has exempted the promoter from carrying out formal EIA procedures. The schemes include measures serving a variety of major public health and environmental objectives:Safe and reliable water supply, conservation of nature reserves through sustainable water abstraction in the dunes and access in a controlled manner of these areas by the public.

    The works will be carried out on the basis of competitive bidding, in line with the company’s bidding procedures incorporating the EU procurement directives.

    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.

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    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.

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    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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