Release date: 16 February 2005
Promoter – Financial Intermediary
Entidad Pública de Saneamiento de Aguas Residuales de la Comunidad ValencianaLocation
Description
The project encompasses around 80 schemes for the construction or improvement of wastewater treatment in the region of Valencia.
Objectives
The objective of the project is to assist the promoter in complying with the Urban Waste Water Directive (91/271/EEC as amended by 98/15/EC) in terms of quality of the effluent before its discharge to the receiving water bodies.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the total project cost.
Total cost (Approximate amount)
Around EUR 250 millions.
Environmental aspects
As a wastewater treatment project its effect on the environment will be positive. The project will improve the wastewater infrastructures and contribute to reduce untreated discharges into receiving water bodies in the area served by the promoter. All the environmental aspects, including the classification as sensitive of the receiving waters, and the impact on environmentally sensitive areas will be assessed during appraisal.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the project have/shall be tendered in accordance with the relevant applicable EU procurement legislation.
Status
Signed - 1/08/2006
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).