EIB grants Canal de Isabel II a €430 million loan for water infrastructure investment in the Community of Madrid
Spain, March 11 -- The European Investment Bank (EIB) has granted Canal de Isabel II, the Community of Madrid's public sector entity responsible for managing the region's integrated water cycle, a €430 million loan for investment in projects aiming to modernise and expand water supply and wastewater treatment infrastructure in Madrid.The loan will unlock investment directly benefiting residents, helping to improve the water supply in the region and make management more efficient and climate resilient.Water supply and management improvementsThe projects set to receive financing are expected to improve the coverage, quality and resilience of integrated water services in the Madrid region. Other planned projects aim to improve drinking w...
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