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    Signature(s)

    Amount
    € 105,000,000
    Countries
    Sector(s)
    Austria : € 3,150,000
    Hungary : € 4,200,000
    United Kingdom : € 7,350,000
    Italy : € 11,550,000
    Germany : € 25,200,000
    Sweden : € 53,550,000
    Industry : € 105,000,000
    Signature date(s)
    28/10/2016 : € 3,150,000
    28/10/2016 : € 4,200,000
    28/10/2016 : € 7,350,000
    28/10/2016 : € 11,550,000
    28/10/2016 : € 25,200,000
    28/10/2016 : € 53,550,000

    Summary sheet

    Release date
    30 June 2016
    Status
    Reference
    Signed | 04/11/2016
    20150844
    Project name
    Promoter - financial intermediary
    XYLEM WATER TECHNOLOGIES II (INNOVFIN)
    XYLEM INC.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 105 million
    EUR 215 million
    Description
    Objectives

    Investments in research, development and innovation related to water transport, analysis and treatment

    The objective of this research and development (R&D) project is the development of innovative solutions to expand the reuse of treated wastewater by advanced pumping, sensing and treatment technologies, further develop low-carbon water services, and increase the efficiency of wastewater treatment plants, including the recovery of energy and the reuse of chemicals and nutrients. The R&D is also geared towards providing resilience against floods with dewatering technology and services including supporting other industrial dewatering needs.

    Environmental aspects
    Procurement

    The project primarily concerns research and development activities that are not listed in the Environmental Impact Assessment (EIA) Directive and that are expected to be carried out in existing facilities without changing their already authorised scope, therefore an EIA under Directive 2011/92/EU, as amended, is not required. During the project's appraisal, it will be verified whether the project includes any capital expenditures related to the R&D activities and whether these investments fall under Annex II of the EIA Directive.

    This R&D project is expected to result in certain environmental benefits in terms of energy and resource efficiency, and it will be assessed whether and how it contributes to the challenges of depletion of raw materials (e.g. through the recovery of resources from wastewater) and climate change (reducing energy needs or producing energy), as well as to the transformation of water services to contribute to a sustainable and resilient planet.

    The promoter is a private company not operating in the Utilities sector and not having the status of a contracting authority. Thus it is not covered by EU directives on procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - XYLEM WATER TECHNOLOGIES II
    Publication Date
    22 Sep 2016
    Document language
    Main Topic
    Lending
    Document Number
    69365879
    Document Focus
    Environmental Information
    Project Number
    20150844
    Sector(s)
    Publicly available
    Download now

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