APA NOVA WATER TREATMENT PLANT PROJECT

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 19104

Status Complete

Location

Romania

Business Sector

Municipal Infrastructure

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 19104

Status Complete

Location

Romania

Business Sector

Municipal Infrastructure

Notice Type

Private

Environmental Category

Approval Date

08 May 2002

Disclosure date

19 Sep 2001

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Project Description

The Bank proposes to assist the recently privatised water company (Apa Nova) with the improvement of the water distribution network and completion of the Crivina water-treatment plant in Bucharest.

Transition Impact

This would be the Bank’s first private municipal project in Romania. The transaction would:

strengthen operational performance and functioning of the existing water and sewerage system by involvement of the experienced operator;

introduce international management practices and develop operational expertise among Apa Nova’s staff; and

help the sponsor to develop local skills in areas such as operations management, energy efficiency, capital budgeting and financial management.

The Client

Apa Nova Bucuresti (Apa Nova) – the concessionaire of the water and sewerage system, which is owned by Vivendi Universal (83.7 per cent) and the city of Bucharest (16.3 per cent).

EBRD Finance

€75 million senior corporate loan to Apa Nova, of which €25 million would be offered for syndication to other banks.

Project Cost

Total project costs are estimated at €132 million.

Environmental Impact

The project has been screened B/0, requiring an environmental analysis. The project would bring environmental benefits by enabling the client to meet the EU standards in operations and quality of services in the water sector in Bucharest.

Technical Cooperation

None.

Company Contact

Transition impact

ETI Score:75

PSD last updated

01 Feb 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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