Original disclosure @ EIB website
Updated in EWS Feb 4, 2018
Disclosed by Bank May 30, 2017
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According to EIB website, the programme loan (PL) is for the financing of several small water utilities in Italy. The sub-operations of the PL are driven by the need to ensure compliance with EU and national environmental legislation. The investments will deliver substantial health advantages and environmental quality improvements in the form of a more rational use of water resources, higher ecological quality of surface and groundwater resources, and increased service coverage and quality. Finally, part of the investments under this PL are expected to be made in less-developed regions of Italy.
The investments in the water and wastewater sector are expected to have a positive net environmental and social impact, considering their focus on compliance and resource efficiency.
No contact information provided at the time of disclosure.
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