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    Signature(s)

    Amount
    € 70,255,554.58
    Countries
    Sector(s)
    Argentina : € 70,255,554.58
    Water, sewerage : € 70,255,554.58
    Signature date(s)
    29/11/2018 : € 70,255,554.58

    Summary sheet

    Release date
    8 November 2016
    Status
    Reference
    Signed | 29/11/2018
    20160659
    Project name
    Promoter - financial intermediary
    ARGENTINA WATER AND SANITATION
    AGUA Y SANEAMIENTOS ARGENTINOS SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 80 million (EUR 75 million)
    USD 222 million (EUR 209 million)
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project will support water and sanitation investments in the city of Buenos Aires.

    The objective of the project is to improve and expand the water and wastewater infrastructure of the city of Buenos Aires and the Conurbano Bonaerense area.

    Environmental aspects
    Procurement

    The proposed operation will have a positive social impact by improving access to water supply for the population of Buenos Aires, especially in the Conurbano area, which has been a priority for the government of Argentina. It is one of the zones of the country with higher poverty ratios, strong population growth and development of informal settlements. In addition, the operation will provide high quality sanitation services and will increase the wastewater treatment capacity in the northern plant. It will have a very positive environmental impact through the significant reduction of wastewater discharges into the river, thus being beneficial to public health.

    The Bank will require the promoter to ensure that the procurement of the project is carried out in line with EIB procurement guidelines.

    Under ELM Guarantee

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    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) - ARGENTINA WATER AND SANITATION
    Publication Date
    5 Apr 2017
    Document language
    Main Topic
    Lending
    Document Number
    73434114
    Document Focus
    Environmental Information
    Project Number
    20160659
    Sector(s)
    Countries
    Publicly available
    Download now

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