Release date: 24 June 2025
Promoter – Financial Intermediary
EMSCHERGENOSSENSCHAFT,LIPPEVERBANDLocation
Description
The project concerns the financing of part of the 2025-2029 investment programmes of the Emschergenossenschaft (EG) and the Lippeverband (LV). They are separate, similarly organised legal entities managed through one company (EGLV). The investments consist of restoration measures for the rivers Emscher and Lippe in North-Rhine Westphalia (NRW), Germany, as well as improvements in the sewer and stormwater collection and treatment infrastructure. This is the fifth operation with the EG since 2011 and the first operation with LV.
Objectives
The project concerns the financing of parts of the 2025-2029 investment programmes of the Emschergenossenschaft (EG) and the Lippeverband (LV). The investments consist of restoration measures for the rivers Emscher and Lippe in North-Rhine Westphalia (NRW), as well as improvements in the sewer and stormwater collection and treatment.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
not disclosed
Total cost (Approximate amount)
not disclosed
Environmental aspects
The overall "Emscher Renaturierung" project - river bed restoration project (i) is driven by the requirement to comply with requirements of the European environmental legislation (Water Framework Directive 2000/60/EC, Urban Waste Water Treatment Directive 91/271/EC, Floods Directive 2007/60/EC), and (ii) takes into concern environmental and social aspects as required by the European and national environmental and social policy. Several of the works included in the project, such as river restoration works, 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 have been carried out where required by the competent authorities and mitigating measures are applied as appropriate. The project will contribute to ensure compliance with key EU directives in the water sector, notably the Urban Waste Water Treatment Directive (91/271/EEC) and the Water Framework Directive (2000/60/EC). Where and if applicable and based on a risk-based approach as defined in the EIBG E&S Policy, the requirements of the Environmental Impact Assessment Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be verified during appraisal. 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 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 EU Official Journal, as and where required. The promoter's selected main suppliers/contractors for the implementation of the envisaged operation are not yet available.
Status
Under appraisal - 3/12/2024