Sweden. Sydvatten AB
| Date of agreement: | 26 Aug 2013 |
|---|---|
| Country: | Sweden |
| Customer: | Sydvatten AB |
| Amount in SEK: | SEK 67 million |
| Amount in EUR: | EUR 7.7 million |
| Maturity: | 10 years |
| NACE sector / loan type: | Collection, purification and distribution of water |
Project
The loan has been provided for an infrastructure investment programme that includes the construction of a 20-kilometre drinking water pipe and the installation of ultraviolet equipment at Sydvatten’s water purification plant.
The water pipe will connect the municipalities of Ängelholm and Båstad, with a population of 50,000 people, to the company’s drinking water network. The water resources in these municipalities are insufficient to meet an expected increase in demand for drinking water over the next few decades.
Founded in 1966, Sydvatten AB is owned by 16 municipalities in southern Sweden, including the cities of Malmö, Helsingborg and Lund. The company produces drinking water for a population of approximately 900,000 people and is today one of the largest drinking water producers in Sweden.
Fulfilment of NIB's mandate
Competitiveness: the sufficient and secure supply of fresh water is a basic infrastructure service. Although the value of the service to the region cannot be readily quantified, recent experiences related to water contamination in member countries indicate that the wider benefits of the project are considerable, both in terms of access to and the quality of clean water.
Environment: the project is neutral from an environmental mandate perspective.
Sustainability summary
The instalment of the ultraviolet treatment has no significant environmental impacts. The raw water pipeline will have limited and reversible environmental impacts during the construction period only. Sydvatten applies safety requirements for the responsible subcontractors.
