The European Investment Bank Finances Wastewater Investments in Rome

Water/Wastewater

The European Investment Bank Finances Wastewater Investments in Rome

03 Oct, 2008

Published over 17 years ago. See the latest and most current information on Water/Wastewater.

The European Investment Bank is lending EUR 200 million to ACEA to finance water and wastewater investments in the Province of Rome. The project covers investments from ACEA`s 2007-2012 investment programme under its ATO2 concession.
ACEA is today the largest Italian water sector operator, with a
population served in excess of 8 million. The loan was signed in
Rome by ACEA`s CEO Andrea Mangoni and EIB`s Vice President
Dario Scannapieco, responsible for financing operations in Italy,
Greece, Cyprus, Malta and the Western Balkans.
"The Bank appreciates being able to finance ACEA`s investment programme, which will have a direct positive impact on the water-related services offered by the company and indirect economic and environmental benefits through a general system upgrading, while increasing attention to the use of energy from water treatment plants”, said Scannapieco.
"Today`s agreement", he added, "contributes to further reinforce the good working relationship established with ACEA over the years”.
The investment programme under the concession “ATO2 Lazio Centrale – Roma” contributes to ACEA’s compliance with key EU water sector Directives .

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