Sweden. Municipality of Ängelholm
| Date of agreement: | 03 Mar 2017 |
|---|---|
| Country: | Sweden |
| Customer: | Municipality of Ängelholm |
| Amount in SEK: | SEK 50 million |
| Amount in EUR: | EUR 5.24 million |
| Maturity: | 15 years |
| NACE sector / loan type: | Sewage and refuse disposal, sanitation and similar activities |
This loan has a positive effect on maritime environments: 100%
Financing from NIB Environmental Bond proceeds
NEB-eligible share: 100%
NEB category: Water management and protection
Amount disbursed: EUR 5.2 million
Note: For loans in other currencies than EUR, the equivalent in EUR is based on the exchange rate effective for the disbursement. Read more about the NIB Environmental Bonds
Project
The loan has been provided to finance a municipal investment programme to expand the capacity of the wastewater treatment system. The investment programme includes the replacement of private wastewater treatment installations with connections to the centralised sewage collection network, the extension of this network to new residential areas, and upgrades to wastewater treatment by installing new aeration tanks, anoxic tanks, settling tanks and sludge treatment. The expansion of the wastewater treatment system is expected to increase capacity by almost 60%. Ängelholm is located in southern Sweden and has approximately 41,000 inhabitants
Fulfilment of NIB's mandate
Ängelholm is experiencing rapid population growth. Well-functioning sewage collection and efficient wastewater treatment are crucial in reducing the stresses caused by humans on the environment.
Sustainability summary
The project will not cause any significant environmental issues during the construction phase.