Release date: 23 April 2021
Promoter – Financial Intermediary
EMPRESA METROPOLITANA DE ABASTECIMIENTO Y SANEAMIENTO DE AGUAS DE SEVILLA SA
The project concerns the financing of water schemes forming part of Empresa Metropolitana De Abastecimiento Y Saneamiento De Aguas De Sevilla (EMASESA's) investment programme over the period 2020-2024.
The proposed operation aims at supporting EMASESA's 2020-2024 investment programme in Sevilla's metropolitan area. It includes investments in water, rainwater collection and wastewater infrastructure to improve the efficiency, efficacy and reliability of water and wastewater services and ensure compliance with key EU directives, notably the Drinking Water Directive 98/83/EC, the Urban Waste Water Treatment Directive 91/271/EEC and the Water Framework Directive 2000/60/EC (i.e. WFD).
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 75 million
Total cost (Approximate amount)
EUR 162 million
In terms of economic benefits, the investment programme will deliver substantial environmental quality improvements and climate related benefits. The overall impact of the PL will be higher ecological quality of surface and groundwater resources, and increased service coverage quality and resilience to climate change. Where and if applicable, the requirements of the Environmental Impact Assessment (EIA) Directive 2014/52/EU, amending Directive 2011/92/EU, the Habitats Directive (92/43/EC) and the Birds Directive (2009/147/EC) will be respected.
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 and 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.
Signed - 5/08/2021
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).