EIB provides €45 million to BrianzAcque to improve water and sewerage network efficiency and resilience
Luxembourg, Aug. 4 -- The European Investment Bank (EIB) has granted a €45 million loan to BrianzAcque, the publicly owned integrated water service company for the Italian province of Monza and Brianza, to back its 2025-2029 investment plan. The agreement announced by EIB Vice-President Gelsomina Vigliotti and BrianzAcque Chairperson and Chief Executive Officer Enrico Boerci aims to improve the efficiency of water and sewerage infrastructure in the municipalities served, benefiting around 877 000 people.Structured as a green loan[1] and backed by InvestEU, the EIB financing will help improve water service quality, prevent floods and overflows, and make infrastructure more resilient to extreme weather events.The project involves a seri...
To read the full article or to get the complete feed from this publication, please
Contact Us.