Release date: 16 September 2022
Promoter – Financial Intermediary
MIEJSKIE PRZEDSIEBIORSTWO WODOCIAGOW I KANALIZACJI W M ST WARSZAWIE SALocation
Description
The project covers various investments related to the rehabilitation, modernisation and development of the water and wastewater infrastructure in the city of Warsaw and the surrounding municipalities within the period of 2022-2028.
Additionality and Impact
The project covers various investments relating to the development and modernisation of the water and wastewater infrastructure in the City of Warsaw. The project is in line with EU and EIB policy objectives of environmental protection and climate action, and will generate positive externalities in the form of environmental and health benefits. These benefits would not be realised to the same extent without EIB's intervention in the form of longer term financing.
The EIB financing is structured to adequately address the Borrower's financing needs for the project, will accelerate its implementation and enable the Borrower to effectively absorb the available EU funding. It will also help the Borrower to strengthen its funding sources.
Objectives
The project aims at enhancing the quality, security and climate change resilience of the water management system by rehabilitating, upgrading, modernising and extending its water supply, wastewater collection and treatment systems in the city of Warsaw and the surrounding municipalities.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
PLN 1100 million (EUR 234 million)
Total cost (Approximate amount)
PLN 3970 million (EUR 843 million)
Environmental aspects
The project will contribute to ensuring compliance with key EU directives in the water sector, notably the Drinking Water Directive 98/83/EC and 2020/2184, Urban Waste Water Treatment Directive (91/271/EEC) 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. The promoter will in such case, prior to utilising any EIB funds, be responsible for transmitting to the Bank the environmental impact assessment (EIA) for publication on its website. For any part of the project that may have an 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).
Procurement
The Bank will require the promoter to ensure that contracts for implementation of the project have been and will be tendered in accordance with the 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 - 29/12/2022
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).