EIB finances water and wastewater investments in Italy
Luxembourg, Luxemburg – 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’ 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 .