π Tender Overview
Location: Romania
Project number: 52511
Business sector: Municipal and environmental infrastructure
Notice type: State
Environmental category: B
Project Description
Provision of a loan in the amount of up to EUR 22 million to Compania Regionala de Apa Bacau ("CRAB" or the "Company"), the regional water operator in Bacau County, Romania. The proceeds of the Bank's investment will be used to co-finance, alongside EU funds, water and wastewater investments under the relevant EU Infrastructure Programme ("EU Programme") in Romania (the "Project").
Project Objectives
The Project will enable CRAB to: (i) extend its water and wastewater network and services in the region; and (ii) ensure compliance with the relevant EU water and wastewater standards in the Project area.
Transition Impact
ETI score: 60
The Project's transition impact derives from "Green" and "Resilient" qualities through:
improvement of water supply and wastewater treatment services, targeting compliance with EU standards, and extension of CRAB's coverage.
water tariff policy and introduction of long-term asset management practices.