This landmark project comprises a 30-year concession for the design, construction and operation of a wastewater treatment plant at Harnaschpolder (capacity 1.3M population equivalent) and the refurbishment and operation of the existing Hague wastewater treatment plant at Houtrust (capacity 0.4M population equivalent). The combined plants will meet stringent EU standards for removing nitrogen and phosphorous before the effluent is discharged to the North Sea.
We acted as technical advisor to the lenders throughout the bid and negotiation phases and then reviewed and monitored the project during construction and operation. The two plants became fully operational in 2008 to meet the European regulations on wastewater quality.
Our work for the lead arrangers began in January 2002 in support of the project company, Delfluent BV – a consortium formed by the Veolia Environnement Group, Delta NV Group, NV Waterbedrijf Europoort, the Rabobank Group, Heijmans NV Group and Strukton Groep NV. The project was awarded to Delfluent in September 2002 by the Water Board of Delfland, the public body responsible for the treatment of wastewater in the area of Rotterdam and The Hague.
In the period before financial syndication we helped prepare the information memorandum and advised the lenders throughout the project development phase. We're continuing our role as lenders' technical advisor throughout the operation period.