Reference: 20190582
Release date: 15 January 2020

Promoter – Financial Intermediary

VITENS NV

Location

Description

The project concerns the 2020-2024 investment programme into the production and distribution facilities of Vitens, Netherlands' largest water supply company. The programme consists mainly of renewal and upgrading of water treatment plants, reservoirs and pumping stations, distribution networks and water meters aimed at providing an even more reliable and affordable drinking water supply.

Objectives

The project will secure or enhance the quality of life to up to 6 million residents in the provinces of Flevoland, Friesland, Gelderland, Utrecht and Overijssel, by improving the reliability and affordability of the water supply service. The project will ensure continued compliance with the Water Framework Directive (2000/60/EC), the Drinking Water Directive (98/83/EC) and national norms.

Sector(s)

  • Water, sewerage - Water supply; sewerage, waste management and remediation activities

Proposed EIB finance (Approximate amount)

EUR 150 million

Total cost (Approximate amount)

EUR 324 million

Environmental aspects

The Promoter must ensure compliance with national and European environmental legislation and facilitate access by the public to environmentally relevant information in accordance with the Aarhus Convention. The Environmental Impact Assessment (EIA) (if required), as well as the screening according to the relevant criteria listed in Annex III of the EIA directive 2011/92/EC, as amended by Directive 2014/52/EU will be made available to the Public. The EIA (if required) will be published on the EIB website. Consultations with affected communities and interested parties will take place in line with the requirements of the Directives.

Procurement

The promoter will have to ensure that contracts for the implementation of the project have been and 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 publication of tender notices in the EU Official Journal, as and where required.

Status

Signed - 30/07/2020

Disclaimer

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

The Netherlands Water, sewerage