Release date: 23 September 2022
Promoter – Financial Intermediary
SYDVATTEN ABLocation
Description
The project concerns the 2022-2028 investment programme in the production and distribution facilities of Sydvatten AB, one of Sweden's largest producers of drinking water. The programme consists mainly of renewal and extension of the existing water treatment facilities and reinforcement and extension of bulk water supply networks in the region of Skåne, at the southeastern part of Sweden.
Objectives
The project consists of a 6-year (2022-2028) investment programme that aims at improving substantially the redundancy over the whole drinking water supply system in the service area of the promoter. The project consists mainly of the rehabilitation and upgrading of water production infrastructure, and extension of transmission mains network.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
SEK 700 million (EUR 62 million)
Total cost (Approximate amount)
SEK 1424 million (EUR 126 million)
Environmental aspects
The project will contribute to ensure continued compliance with key EU directives in the water sector notably the new Drinking Water Directive 2020/2184/EU and the Water Framework Directive (2000/60/EC). Where and if applicable, the requirements of the EIA Directive 2014/52/EU amending the EIA Directive 2011/92/EU and SEA Directive 2001/42/EC will be respected. For any part of the project, that may impact on a nature conservation site, the promoter will be required to provide to the Bank information on the mitigating measures required to comply with the Habitats and Birds Directives (92/43/EEC and 2009/147/EC respectively). The compliance of the project with the relevant EU legislation will be reviewed during appraisal.
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 - 13/12/2023
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).