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According to the EIB, the project will support small to medium water utilities through innovative structured financing in the Italian region of Veneto.
The project concerns the modernisation and upgrade of water collection, treatment and supply infrastructures. Proposed project components related to water supply include the extension and rehabilitation of water supply networks and other related works with the application of best available technologies. Related to sanitation and wastewater, the project will concern investments to extend and rehabilitate sewer systems and wastewater treatment plants (WWTPs), among others. Additional project components might include the installation of remote-control systems with the goal to increase efficiency during the operation and maintenance of existing and future assets and networks.
It is expected that the projects will generate significant environmental and public health benefits from reduced discharge of untreated wastewater to environmental bodies because of rehabilitated and upgraded sewer systems and WWTPs. Investments in water supply networks and distribution systems will result in reduced water losses, a more rational use of scarce water resources and the protection of local groundwater. The full environmental details will be further examined during appraisal.
As stated on the company's website (translated with DeepL.com), Viveracqua is a consortium comprising 12 wholly publicly owned water companies. Member companies retain their autonomy and local identity, offering citizens the typical benefits of large-scale operations (economies of scale, scope, and competitive capacity).
Thanks to the Hydrobond operations in 2014, 2016, 2020, and 2022, a total of €623.5 million was financed for the realization of €1,588 million in investments.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | VIVERACQUA SCARL | Client | Water and Sanitation |
No project contacts provided at the time of disclosure.
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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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