Release date: 13 March 2002
Promoter – Financial Intermediary
Several multi-municipal companies controlled by AdP-Águas de Portugal, S.G.P.S., S.A., providing drinking water and waste water services throughout Portugal.Location
Description
Investment programme undertaken by several multi-municipal companies operating on the basis of public concessions, to be carried out between 2001-2006. It includes a large number of new integrated water and wastewater schemes based on a river basin approach and upgrading of existing facilities.
Objectives
To improve and extend water supply and wastewater collection and treatment services throughout Portugal, following the priorities defined in the Strategic Plan for Water Supply and Waste Water Treatment approved in April 2000 by the Portuguese Minister of Environment and also in line with the requirements of the relevant EU Directives.
Sector(s)
Proposed EIB finance (Approximate amount)
In the order of 25% of total cost
Total cost (Approximate amount)
EUR 400mio, on a preliminary basis
Environmental aspects
The upgrading of existing facilities and construction of a large number of new treatment plants will significantly improve the quality of polluted surface waters.
Procurement
AdP follows the procurement procedures required by the national and EU legislation.
Status
Signed - 4/02/2005
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).