Release date: 21 September 2009
Promoter – Financial Intermediary
SC APAREGIO GORJ S.A.Location
Description
The Project comprises a number of water and wastewater schemes located in Gorj County as part of the Sector Operational Programme for Environment under Cohesion Fund 2007-2013. The Project has received Cohesion Funds financing approval from the European Commission.
Objectives
The Project aims to support cost-effective national compliance with EU legislation in the field of water supply and wastewater collection and treatment as well as consolidate water services.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 11.4 million
Total cost (Approximate amount)
EUR 87.5 million
Environmental aspects
The Promoter complies with the requirements of Directive 97/11/EC as amended and carries out Environmental Impact Assessment procedures where required by the competent authorities and mitigating measures are applied as appropriate.
Procurement
The Promoter, who will be responsible for procurement, is a publicly owned entity providing a public utility service and is subject to EU public procurement regulations (EU Directive 2004/17/CEE for utilities).
Status
Approved - 21/09/2009
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).