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    Reference: 20190672
    Release date: 6 July 2020

    Promoter – Financial Intermediary

    EVIDES NV

    Location

    Description

    The project will support Evides' capital investment programme in the period 2020-2024. Investments aim at maintaining the quality and functionality of its water and distribution pipelines, such as basins and production installations.

    Objectives

    The project will secure or enhance the quality of life to up to 2.5 million residents in the provinces of Zeeland, the south-west of the province South-Holland and the west of the province North Brabant by improving the reliability and affordability of the drinking 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 190 million

    Total cost (Approximate amount)

    EUR 391 million

    Environmental aspects

    The investment programme is geared toward securing a sustainable management of drinking water supply and distribution, bringing about a positive social and environmental impact. The upgrade of pumping stations and other network and process optimisation measures are examples of components with environmental/resource efficiency impacts. Compliance with EU and national environmental legislation will be verified during appraisal.

    Procurement

    The promoter has 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 Official Journal of the EU, as and where required.

    Status

    Signed - 30/06/2020

    Related tags

    The Netherlands Water, sewerage