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Signature(s)

Amount
€ 130,000,000
Countries
Sector(s)
Germany : € 130,000,000
Water, sewerage : € 130,000,000
Signature date(s)
27/06/2005 : € 130,000,000
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Summary sheet

Release date
10 February 2005
Status
Reference
Signed | 27/06/2005
20040371
Project name
Promoter - financial intermediary
Stadtentwässerung Dresden
Stadtentwässerung Dresden GmbH
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 127 EUR million
At least 254.66 EUR million
Location
Sector(s)
Description
Objectives

The project concerns the 2004-2008 investment program for the rehabilitation and extension of the water sewerage system in the city of Dresden, Germany.

The aim of the project is to ensure compliance by the promoter with tighter environmental and customer service standards set by EU and national legislation. The investments included primarily intend to ensure compliance with the EU Urban Waste Water Treatment (UWWT) Directive (91/271/EEC), the aim of which is to upgrade the quality of water discharged into recipient rivers and the sea. The project will therefore contribute to improving the quality of life of some 750,000 residents in the City of Dresden and its surroundings, in its full extend in an Objective 1 area. As such, the project is eligible for EIB finance under Article 267 point (c) - environment – and point (a) - regional development - of the EC Treaty.

Environmental aspects
Procurement

Compliance with EU/national environment law will be assessed during appraisal. The project is consistent with EU environmental policy. It is likely that an EIA is required for the rehabilitation and the extension of the major Wastewater Treatment Plant in Dresden/Kaditz. Details will be assessed during appraisal.

The program falls under the Procurement Directives 92/50/EEC, 93/36/EC and 93/37/EC. Further details will be assessed during appraisal.

Comments

Electricity, Gas and Water supply.

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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).

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