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

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