Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Belgium : € 200,000,000
    Water, sewerage : € 200,000,000
    Signature date(s)
    9/10/2012 : € 50,000,000
    15/03/2013 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    7 December 2011
    Status
    Reference
    Signed | 09/10/2012
    20110434
    Project name
    Promoter - financial intermediary
    Aquafin Waste Water Treatment VIII

    AQUAFIN NV

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 400 million
    Location
    Sector(s)
    Description
    Objectives

    The loan will finance part of Aquafin’s investment programme 2011-2014 for the construction of collector sewers, storm overflows and small and medium size wastewater treatment plants, plus some upgrading of existing WWTPs for tertiary treatment. The works are located in the Flemish Region.

    The project concerns a number of selected investments in Aquafin’s investment programme 2011-2014. These investments will help Aquafin to ensure compliance with tighter environmental and customer service standards set by EU and national legislation and more specifically with the EU Urban Waste Water Treatment Directive (UWWT).

    Environmental aspects
    Procurement

    The EU Urban Waste Water Treatment Directive (UWWTD) was transposed in 1992 and the whole area of the Flemish region was designated as a sensitive area. This implies nutrient removal for all works in agglomerations of more than 10,000 population equivalent (PE). The investment programme will improve then aquatic environmental conditions throughout the Flemish Region. Tertiary treatment will be provided at all medium and large WWTPs. Although Belgium as a whole is lagging in compliance with EC Directives, Flanders has made good progress to fully meet the requirements of the Urban Waste Water Treatment Directive 91/271EC.

    EIA Directive 97/11/EC has been transposed into Flemish Law as Decreet VI. Reg18/12/02, Besl. VI. Reg. 10/12/04. Aquafin has a good environmental awareness and has developed operating procedures to optimise the performance and cost-effectiveness of its systems. Aquafin has full ISO14001 accreditation for its EIA procedures and fully complies with Natura 2000, European Bird and Habitat Directives. Some projects, i.e. all the WWTPs will fall either under Annex 1 or Annex 2 of the EIA directive. Aquafin will be requested to provide timely information available to the Bank about its compliance with producing either the EIA or the respective EIS

    The program falls under the Procurement Directive 2004/18/EC. Although the promoter formally operates as a private company, tender procedures are required to comply with the EC public procurement Directives, which have been institutionalized. This is acceptable to the Bank.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - AQUAFIN WASTE WATER TREATMENT VIII
    Publication Date
    1 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67397973
    Document Focus
    Environmental Information
    Project Number
    20110434
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - AQUAFIN WASTE WATER TREATMENT VIII
    Publication Date
    7 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    68213944
    Document Focus
    Environmental Information
    Project Number
    20110434
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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 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.

    Related publications