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Signature(s)

Amount
€ 67,000,000
Countries
Sector(s)
Germany : € 67,000,000
Water, sewerage : € 67,000,000
Signature date(s)
1/12/2004 : € 67,000,000
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Summary sheet

Summary sheet

Release date
3 May 2004
Status
Reference
Signed | 01/12/2004
20030596
Project name
Promoter - financial intermediary
Hansewasser Bremen
Hansewasser Bremen GmbH (HWB), the wastewater utility company jointly owned by Freie Hansestadt Bremen (25.1%) and a holding company “HanseWasser Ver- und Entsorgungs GmbH (74.9%)” belonging to GELSENWASSER AG (49%) and “swb AG” (51% - indirectly via NGU Norddeutsche Gesellschaft für Umweltdienstleistungen mbh, a 100 % subsidiary of swb AG)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of project costs, up to EUR 75 m.
Up to EUR 150 m.
Location
Sector(s)
Description
Objectives

The project comprises of several subprojects to improve Bremen’s wastewater services, mainly through the rehabilitation and upgrading of existing systems related to thea) Public Sewage System,b) Equipment and plants, i.e. WWTP,c) Investment in vehicles and office equipment, and,d) Connection of additional communities to the central WWTP.

The purpose of the project is to upgrade and expand sanitation services for the City-State of Bremen (Bremen) and adjacent municipalities as well as to improve the overall performance of the required wastewater infrastructure. Bremen has about 540,000 residents. Some 61% of Bremen’s overall area is Objective-2 area. The whole city of Bremerhafen is an approved Objective-2 area.

Environmental aspects
Procurement

The HWB approach as far as environmental impacts are concerned will be examined during appraisal. The project is expected to be compliant with Article 6 of the Habitats Directive 92/43/EEC. Details will be assessed during appraisal.

As required by German legislation, contracts for the implementation of the project shall be tendered in accordance with the relevant EU procurement legislation. The HWB approach concerning procurement will be examined during appraisal, in particular concerning participation of HWB’s parent company, being a major utility, in project related tenders.

Link to source
Summary sheet
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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).

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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