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Reference: 20110609
Release date: 26 March 2012

Promoter – Financial Intermediary

Hamburger Stadtentwaesserung (HSE)

Location

Description

Financing of investments in the Hamburg sewerage system 2012-2015

Objectives

Protection of Environment and Sustainable Communities

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 160 million

Total cost (Approximate amount)

EUR 420 million

Environmental aspects

The schemes included in the project fall under Annex II of Directive 97/11/EC. Environmental Impact Assessment (EIA) procedures are carried out where required by the competent authorities and mitigating measures are applied as appropriate. In addition, for any part of the scheme that may impact on a nature conservation site, the promoter will be required to provide to the Bank information on the mitigating measures needed to comply with the Habitats Directive 92/43/EC and the Birds Directive 2009/147/EC.

Procurement

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation Dir 2004/18/EEC, with parallel publication of tender notices in the EU Official Journal, as and where appropriate.

Status

Signed - 22/11/2012

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

Germany Water, sewerage