Release date: 5 March 2020
Promoter – Financial Intermediary
HAMBURGER STADTENTWAESSERUNGLocation
Description
The project will finance the investment programme of Hamburg's wastewater company, including climate adaptation.
Objectives
The project concerns Hamburger Stadtentwässerung's investment programme for the period of 2020-2023 that will improve the efficiency and sustainability of wastewater services in Hamburg. It mainly consists of investments for the modernisation and upgrading of the central wastewater treatment plant. To a lesser extent, it concerns rehabilitation and upgrading of combined sewer systems (conveying both wastewater and storm water), in line with the Promoter's "Rain InfraStructure Adaptation plan" (RISA). The project will assist in maintaining compliance with the Water Framework Directive 2000/60/EC and the Urban Wastewater Treatment Directive 91/271/EC.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 160 million
Total cost (Approximate amount)
EUR 430 million
Environmental aspects
The project aims at maintaining compliance with the Water Framework Directive 2000/60/EC. Several of the construction schemes included in the project might fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Environmental Impact Assessment procedures are carried out where required by the competent authorities and mitigating measures are applied as appropriate. Where appropriate, the requirements of the Habitats and Birds Directives (92/43/EEC and 2009/147/EC) are applied. The Bank's appraisal will focus on the Promoter's environmental management capacity to properly apply these EU Directives. All relevant key documents for the project will be published, in line with the Bank's disclosure policy.
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, as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU), with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 12/05/2020
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).