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    Reference: 20100051
    Release date: 25 October 2010

    Promoter – Financial Intermediary

    SPGE (Société Publique de Gestion de l’Eau - Public Water Management Company)

    Location

    Description

    The project concerns SPGE's 2011-2012 programme for investment in the protection of groundwater catchment areas and sewerage and drainage. The financing of the investments will be governed by the true cost principle, which will enable SPGE to pass on all capital and operating costs immediately in the water and sewerage tariffs. The relations between the Walloon Government and SPGE are defined in a management contract setting out each party's undertakings. This agreement was renewed in March 2006 for a period of five years.

    Objectives

    The project is aimed at meeting the requirements of the EU Directive on urban wastewater treatment (91/271/EC) and the protection of underground drinking water resources throughout the Walloon Region.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 million.

    Total cost (Approximate amount)

    EUR 400 million.

    Environmental aspects

    As part of the appraisal, it will be determined whether some components of the project come under Annex I or II of Directive 97/11/EC and whether environmental impact assessments are required. The promoter will have to submit certificates (Form A or B) issued by the relevant authorities on the project's potential impact on nature conservation sites (Natura 2000 sites, Habitats Directive).

    Procurement

    Calls for tender for the components of this project comply with the relevant European directives. The promoter's procurement procedures will be examined in the course of the project appraisal.

    Status

    Signed - 18/03/2011

    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