Source: European Investment Bank
The European Investment Bank (EIB) has granted a €150 million loan to Acqua Novara.VCO to improve the efficiency and resilience of water infrastructure in the Italian provinces of Novara and Verbano-Cusio-Ossola. The EIB financed is backed by SACE’s Archimede guarantee – which covers two-thirds of the funding – and the European Union’s InvestEU programme – which covers the remaining €50 million.