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    Reference: 20200090
    Release date: 25 August 2020

    Promoter – Financial Intermediary

    STADTENTWAESSERUNGSBETRIEBE KOELN AOER

    Location

    Description

    Investments regarding the wastewater disposal and treatment facilities of the City of Cologne (2021-2025).

    Objectives

    The project targets at improving the efficiency and sustainability of Cologne's wastewater services through rehabilitation and upgrading of combined sewer systems (conveying both wastewater and storm water), in line with the Promoter's "Abwasserbeseitigungskonzept 2020" (ABK), as well as the modernisation of wastewater treatment plants.

    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 350 million

    Environmental aspects

    The project aims at maintaining compliance with the Urban Wastewater Treatment Directive 91/271/EC and 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.

    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 Official Journal of the EU, as and where required.

    Status

    Signed - 2/12/2020

    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

    Germany Water, sewerage