WATERSCHAP HOLLANDSE DELTA (EIB-20150698)

Countries
  • Netherlands
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 2, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
WATERSCHAP HOLLANDSE DELTA
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 126.08 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 120 million
Converted using 2017-03-02 exchange rate.
Loan Amount (USD)
$ 126.08 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 120 million
Converted using 2017-03-02 exchange rate.
Project Cost (USD)
$ 283.69 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 270 million
Converted using 2017-03-02 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Feb 18, 2018

Disclosed by Bank Mar 2, 2017


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Project Description

According to EIB website, the project is associated with the 2016-2021 investment programme of Waterschap Hollandse Delta. This investment programme will focus on flood protection, wastewater treatment and other water management infrastructure.

The programme loan will finance the 2016-2021 investment programme of Waterschap Hollandse Delta, one of the 23 water authorities in the Netherlands in charge mainly of flood protection, regional water management and wastewater treatment. It will include primary dyke reinforcements and related flood protection structures along the selected sections of the 364 km of primary dykes under its responsibility between the river Haringvliet and the river Meuse, an area that lies in the south-west of the Province of Zuid-Holland. The programme will also entail wastewater treatment rehabilitation and maintenance works and construction works required for securing fresh water supply on Voorne and Goeree-Overflakkee islands as part of the alternative management of Haringvliet sluices.

On the environmental and social standpoint, for any part of the project that may have an impact on a nature conservation site, the promoter will be required to inform the Bank on the mitigating measures required to comply with the Habitats Directive 92/43/EEC.

Investment Description
  • European Investment Bank (EIB)
Contact Information

No contact information provided at the time of disclosure.

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