Release date: 26 April 2013
Promoter – Financial Intermediary
Emscher GenossenschaftLocation
Description
The project concerns the restructuring of a regional wastewater system servicing a population of 2.3m inhabitants in the Northern part of the Ruhr territory in North-Rhine Westphalia (Germany).
Objectives
The project includes the construction of a new below surface main sewage collector (the “Neuer Emscher Kanal”) to replace the open channel system dating back from the beginning of the 20th century.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 450 million
Total cost (Approximate amount)
EUR 1169 million
Environmental aspects
The project will help the promoter to reverse the degradation of the natural habitat and turn the Emscher River back into a rich ecosystem with substantial social benefits. Compliance with relevant environmental legislation will be assessed during appraisal.
Procurement
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/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 1/10/2013
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).