Release date: 10 April 2025
Promoter – Financial Intermediary
ATHENS WATER SUPPLY AND SEWERAGE COMPANY SALocation
Description
The investment loan will finance the upgrade f the promoter's water and wastewater infrastructure across the majority of the Attica region, including Athens.
Objectives
The aim is to support investments in water and wastewater infrastructure in EYDAP's service area, covering the majority of the Attica region, including Athens, which is categorised as a transition region in accordance with EU Cohesion Policy. This will improve the coverage and quality of integrated water and wastewater services and increase resilience towards droughts. In doing so, it will also ensure continuous alignment with the requirements of key European regulations in the water sector. The project is expected to have significant environmental and public health benefits, as it will improve the quality of recipient waters and will reduce greenhouse gas emissions from wastewater infrastructure.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 250 million
Total cost (Approximate amount)
EUR 523 million
Environmental aspects
The project will contribute to the continuous alignment with the requirements of the applicable EU Directives in the water sector, notably the Drinking Water Directive (2020/2184/EU), the applicable Urban Wastewater Treatment Directive and the Water Framework Directive (2000/60/EC). Where and if applicable, the requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, SEA Directive 2001/42/EC, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be respected as applicable.
Procurement
The promoter shall ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/23/EU, 2014/24/EU and 2014/25/EU, where applicable as well as Directive 92/13/EEC and 89/665/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required. Information on awarded main suppliers/contractors for the implementation of the envisaged operation is not yet available.
Status
Under appraisal - 26/02/2025
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).