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    Reference: 20110609
    Release date: 26 March 2012

    Promoter – Financial Intermediary

    Hamburger Stadtentwaesserung (HSE)



    Financing of investments in the Hamburg sewerage system 2012-2015


    Protection of Environment and Sustainable Communities


    Proposed EIB finance (Approximate amount)

    EUR 160 million

    Total cost (Approximate amount)

    EUR 420 million

    Environmental aspects

    The schemes included in the project fall under Annex II of Directive 97/11/EC. Environmental Impact Assessment (EIA) procedures are carried out where required by the competent authorities and mitigating measures are applied as appropriate. In addition, for any part of the scheme that may impact on a nature conservation site, the promoter will be required to provide to the Bank information on the mitigating measures needed to comply with the Habitats Directive 92/43/EC and the Birds Directive 2009/147/EC.


    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation Dir 2004/18/EEC, with parallel publication of tender notices in the EU Official Journal, as and where appropriate.


    Signed - 22/11/2012


    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).

    Related tags

    Germany Water, sewerage