According to the EIB, the investment loan will finance the upgrade f the promoter's water and wastewater infrastructure across the majority of the Attica region, including Athens.

The aim is to support investments in water and wastewater infrastructure in EYDAP's service area, covering the majority of the Attica region, including Athens, which is categorised as a transition region in accordance with EU Cohesion Policy.
This will improve the coverage and quality of integrated water and wastewater services and increase resilience towards droughts. In doing so, it will also ensure continuous alignment with the requirements of key European regulations in the water sector.
The project is expected to have significant environmental and public health benefits, as it will improve the quality of recipient waters and will reduce greenhouse gas emissions from wastewater infrastructure.

As stated on the company's website, Athens Water Supply and Sewerage Company SA (EYDAP, from its Greek acronym) the largest company in Greece in the water supply, sewerage and wastewater treatment sector, covering the needs of more than 40% of the country's population, supplying Attica with drinking water.

EYDAP was founded in 1980 following the merger of the Greek Water Company of the Cities of Athens - Piraeus and the surrounding areas and the Sewerage Organization of the Capital. It took its present legal form in 1999, when the main assets of the Company,namely the dams, reservoirs, external aqueducts and pumping stations, were absorbed by the EYDAP Asset Company, remaining in the ownership of the Greek State. In January 2000, EYDAP was listed on the main market of the Athens Stock Exchange.

EYDAP has the exclusive right to provide water supply and distribution services as well as sewerage services in the Attica region until 2040, on the basis of the Contract with the Greek State, which follows Law 4812/2021.

No project contacts provided at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm

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