Release date: 12 March 2019
Promoter – Financial Intermediary
WATERSCHAP RIVIERENLANDLocation
Description
The operation concerns the 2019-2023 investment programme of Waterschap Rivierenland. The investment programme will focus on flood protection and wastewater treatment in its area of responsibility between the rivers Rhine/Lek and the Meuse in the Netherlands.
Objectives
The Investment Loan will finance the 2019-2023 investment programme of Waterschap Rivierenland. The investment programme will include mainly dyke reinforcements and related structures along selected sections of the 555km of dykes under the Authority's responsibility. These stretch between the river Rhine/Lek and the river Meuse, starting at the German border and going up to Kinderdijk near Dordrecht. The loan will also finance some investment in wastewater collection and treatment.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 568 million
Environmental aspects
The proposed project implements the requirements of the Floods Directive 2007/60/EC and the EU Water Framework Directive 2000/60/EC. The main impacts will be some nuisances during the construction such as traffic and noise. Where and if applicable, the requirements of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the EIA Directive 2011/92/EU will be respected. The promoter will in such case, prior to utilising any EIB funds, be responsible for transmitting to the Bank the EIA for publication on its website. For any part of the project that may impact on a nature conservation site, the promoter will be required to provide to the Bank information on the mitigating measures required to comply with the Habitats and Birds Directives (92/43/EEC and 2009/147/EC respectively).
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/25/EU, where applicable, as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the European Union, as and where required.
Status
Signed - 15/10/2019
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).