EIB and CAP Group Sign €100 Million Finance Contract to Upgrade Water Infrastructure in Italy

Strategic Insights -

The European Investment Bank (EIB) has partnered with CAP Group to support the upgrading of water and sewerage infrastructure in Milan and several provinces in Lombardy, Italy. The €100 million finance contract, signed by EIB Director General of Operations Jean-Christophe Laloux and Chairman of CAP Group Yuri Santagostino, aims to benefit 154 municipalities and over 2.4 million people. The EIB funding will focus on enhancing the reliability and resilience of the water network, reducing the risk of flooding, and improving wastewater collection and treatment services.

Key Takeaways:

  • The EIB and CAP Group have signed a €100 million finance contract to support the upgrading of water and sewerage infrastructure in Milan and several provinces in Lombardy, Italy.
  • The agreement aims to benefit 154 municipalities and over 2.4 million people, focusing on enhancing the reliability and resilience of the water network, reducing the risk of flooding, and improving wastewater collection and treatment services.
  • Italy has received more EIB funding for the water sector than any other country, with over €4.3 billion in financing provided in the last ten years.
  • The EIB is one of the world's leading lenders to the water sector, with over 1,770 projects and more than €86 billion in financing provided since 1958.
  • The contract is part of a larger investment plan for the period 2025-2030, and the EIB funding will help support the development of digital solutions to optimize management of the integrated water service.
  • The loan to CAP Holding comes in addition to financing announced in 2025 for other water companies, including BrianzAcque, Acqua Novara.VCO, Azienda Comprensoriale Acquedottistica S.p.A, and ACEA.

Statistics:

  • €86 billion: The total EIB financing provided to the water sector since 1958.
  • 1,770: The number of EIB-funded projects in the water sector.
  • €4.3 billion: The EIB funding provided to the water sector in Italy over the last ten years.
  • €100 million: The value of the finance contract signed between the EIB and CAP Group.
  • 2.4 million: The number of people benefiting from the upgrade of water and sewerage infrastructure in Milan and Lombardy.
  • 154: The number of municipalities benefiting from the upgrade of water and sewerage infrastructure.

Sources:

  • pivotalsources.com (Article title and content)