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Signature(s)

Amount
€ 160,000,000
Countries
Sector(s)
Germany : € 160,000,000
Water, sewerage : € 160,000,000
Signature date(s)
8/12/2006 : € 20,000,000
8/12/2006 : € 30,000,000
23/01/2008 : € 30,000,000
19/07/2007 : € 80,000,000
Link to source
Other links
Summary sheet

Summary sheet

Release date
22 September 2006
Status
Reference
Signed | 08/12/2006
20060146
Project name
Promoter - financial intermediary
Hamburg Wastewater
Hamburg Stadtentwässerung (HSE)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 160 million.
Ca. EUR 400 million.
Location
Sector(s)
Description
Objectives

The project concerns the reconstruction and upgrading of sewer systems.

The project aims at the reduction of environmental disturbances for Hamburg’s residents and the urban traffic system by adopting a proactive approach in sewer network reconstruction and rehabilitation in line with HSE’s continuously up-dated 20-year rehabilitation programme. The project contributes to reduce the water table pollution by repairing broken sewers and to lower the probability of traffic disruptions and subsidence of buildings by avoiding the collapse of sewer segments.

Environmental aspects
Procurement

The promoter carries out an appropriate environmental assessment of each sub project, where necessary, identifying and applying mitigation and compensation measures to protect the environment, in line with EU and national legal requirements, notably those on EIA and nature conservation.

EU procurement regulations are observed by the promoter.

Link to source
Summary sheet
Other links

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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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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