Release date: 3 May 2004
Promoter – Financial Intermediary
Hansewasser Bremen GmbH (HWB), the wastewater utility company jointly owned by Freie Hansestadt Bremen (25.1%) and a holding company “HanseWasser Ver- und Entsorgungs GmbH (74.9%)” belonging to GELSENWASSER AG (49%) and “swb AG” (51% - indirectly via NGU Norddeutsche Gesellschaft für Umweltdienstleistungen mbh, a 100 % subsidiary of swb AG)Location
Description
The project comprises of several subprojects to improve Bremen’s wastewater services, mainly through the rehabilitation and upgrading of existing systems related to thea) Public Sewage System,b) Equipment and plants, i.e. WWTP,c) Investment in vehicles and office equipment, and,d) Connection of additional communities to the central WWTP.
Objectives
The purpose of the project is to upgrade and expand sanitation services for the City-State of Bremen (Bremen) and adjacent municipalities as well as to improve the overall performance of the required wastewater infrastructure. Bremen has about 540,000 residents. Some 61% of Bremen’s overall area is Objective-2 area. The whole city of Bremerhafen is an approved Objective-2 area.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of project costs, up to EUR 75 m.
Total cost (Approximate amount)
Up to EUR 150 m.
Environmental aspects
The HWB approach as far as environmental impacts are concerned will be examined during appraisal. The project is expected to be compliant with Article 6 of the Habitats Directive 92/43/EEC. Details will be assessed during appraisal.
Procurement
As required by German legislation, contracts for the implementation of the project shall be tendered in accordance with the relevant EU procurement legislation. The HWB approach concerning procurement will be examined during appraisal, in particular concerning participation of HWB’s parent company, being a major utility, in project related tenders.
Status
Signed - 1/12/2004
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).