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Reference: 20050098
Release date: 23 October 2006

Promoter – Financial Intermediary

Société Wallonne des Eaux
Rue de la Concorde 41
B-4800 VERVIERS

Etienne van Bossche
General Inspector, Commercial Division

Location

Description

Three-year investment programme, primarily for distribution and production facilities.

Objectives

The programme includes a large number of projects to replace obselete installations, add new capacity, increase production efficiency and improve water quality. In addition, new surface water treatment technologies will be introduced.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 100 million.

Total cost (Approximate amount)

EUR 200 million.

Environmental aspects

The investment programme will have a positive impact on the environment of the Walloon Region and the environment in general (reduction of water losses and thus protection of resources, maintenance or improvement of drinking water quality). Some components of the project may come under Directive 85/337/EEC, as amended by Directives 97/11/EC and 2003/35/EC, Annex II, and an environmental impact assessment is required. The promoter’s application of procedures complies with the corresponding directive.

Procurement

Complies with EU legislation.

Status

Signed - 8/12/2006

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).

Related tags

Belgium Water, sewerage