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Reference: 20140618
Release date: 10 February 2015

Promoter – Financial Intermediary

HELSINGIN SEUDUN YMPÄRISTÖPALVELUT - KUNTAYHTYMÄ

Location

Description

Construction of a new wastewater treatment plant in Espoo, Finland.

Objectives

Replacement of the Suomenoja wastewater treatment plant with a new one to be located in Blominmäki, Espoo.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

EUR 400 million

Environmental aspects

The project concerns investments to construct the Blominmäki wastewater treatment plant in the Helsinki region. An environmental impact assessment (EIA) was completed in 2008 and the non-technical summary will be published on the Bank’s website. The promoter will have to submit the certificates (Form A and B or equivalent) issued by the competent authority on the potential effects on nature conservation sites (Birds and Habitats Directives).

Procurement

The Bank will require the promoter to ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation (2004/17/EC and 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required.

Status

Signed - 17/06/2015

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

Finland Water, sewerage