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Signature(s)

Amount
€ 25,000,000
Countries
Sector(s)
Spain : € 25,000,000
Water, sewerage : € 25,000,000
Signature date(s)
14/03/2011 : € 25,000,000
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Summary sheet

Release date
7 July 2010
Status
Reference
Signed | 14/03/2011
20100327
Project name
Promoter - financial intermediary
Gipuzkoa Environmental Protection

Consorcio de Aguas de Gipuzkoa

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 50 million.
Up to EUR 123 million.
Location
Sector(s)
Description
Objectives

The proposed project concerns water and wastewater works in the province of Gipuzkoa, in the North of Spain. It comprises five components, namely (i) water (reservoirs, conveyance systems, rehabilitation of water treatment plants), (ii) waste water (collectors, construction of wastewater treatment plants), (iii) reduction of Non Revenue Water (network sectorization and renewal, telecontrol systems), (iv) co-generation of biogas and (v) sludge drying systems.

The project will contribute to the completion of the investment programme identified in the Master Plan for wastewater infrastructure in Gipuzkoa, which was prepared in 1995 by the provincial administrative authority and the promoter, and updated on several occasions.

Environmental aspects
Procurement

The project comprises the construction and rehabilitation of water and wastewater works in the service area of the promoter. It will contribute to increase the quality of effluents discharged in water bodies, to reduce water losses and to promote energy efficiency measures through co-generation of biogas in wastewater treatment plants.

Compliance with Procurement Directives 2004/17/EC and 2004/18/EC will be assessed during appraisal.

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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).

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.

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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