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    Reference: 20210532
    Release date: 17 September 2021

    Promoter – Financial Intermediary

    OASEN NV

    Location

    Description

    The project concerns the 2022-2026 investment programme in the production and distribution facilities of OASEN, one of the Netherlands' smaller water supply companies. The programme consists mainly of renewal and extension of water treatment plants, reservoirs, pumping stations and distribution networks.

    Objectives

    The project consists of a 5-year (2022-2026) investment programme aimed at upgrading drinking water supply and distribution networks in the service area of the Promoter (an area in the province of South Holland with a population of about 790,000). The project consists mainly of the replacement and upgrading of water production infrastructure, transmission mains and distribution network.

    Sector(s)

    • Water, sewerage - Water supply; sewerage, waste management and remediation activities

    Proposed EIB finance (Approximate amount)

    EUR 70 million

    Total cost (Approximate amount)

    EUR 233 million

    Environmental aspects

    The investment is geared toward securing a sustainable management of water supply and distribution, bringing about positive environmental impacts. The upgrading of the water distribution pipelines, pumping stations, and production infrastructure are examples of components with environmental/resource efficiency impacts. The project is expected to contribute to environmental protection and natural resources efficiency as well as to climate action. It is in line with the Bank's lending orientation for water sector and with the European policy for the protection of the environment. Compliance with the EU Water Framework Directive (2000/60/EC), Drinking Water Directive (98/83/EC), and EU and national environmental legislation will be verified 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 or 2004/17/EC, 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 (OJEU), as and where required.

    Status

    Under appraisal - 20/07/2021

    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