EIB EUR250 Million Financing Supports EYDAP's Investment Programme for Sustainable and Climate-Resilient Water Services in Attica

Strategic Insights -

The European Investment Bank (EIB) has signed a EUR250 million financing framework with the Athens Water Supply and Sewerage Company (EYDAP) to support a EUR514 million investment programme designed to modernise and upgrade water supply and wastewater services for more than 4 million residents in the Attica region. This agreement marks a milestone for EYDAP, as it secures long-term financing for the first time to implement its strategic investment plan. The investments, to be carried out between 2025 and 2030, will strengthen the reliability, safety, and sustainability of water services in one of Europe's most densely populated metropolitan areas.

Key Takeaways:

  • The EIB EUR250 million financing will support EYDAP's first large-scale investment programme, aiming to improve water supply and wastewater services for more than 4 million citizens in Attica.
  • The project includes strategic upgrades such as smart meters, digital systems, and energy-efficient infrastructure to cut emissions and reduce water losses.
  • The agreement marks a milestone for EYDAP, securing long-term financing for the first time to implement its strategic investment plan.
  • The investments aim to reduce water losses, cut emissions, and make Athens more resilient to climate challenges.
  • The EIB loan will cover up to 50% of the current EUR514 million programme, with the remainder financed by EYDAP's own resources and potential commercial funding.
  • The project reinforces EU climate, environmental, and social cohesion objectives, helping Athens adapt to drought and continue implementing EU water directives.
  • EYDAP, the largest water utility in Greece, provides water supply services to over 4.4 million people and sewerage services to over 3.7 million in the Attica region.
  • The EIB has committed to supporting Greece's adaptation to climate change and enhancing the resilience of water networks.

Statistics:

  • EUR250 million: EIB financing for EYDAP's investment programme
  • EUR514 million: Total investment programme for modernising water supply and wastewater services
  • 4 million: Citizens benefiting from improved water supply and wastewater services
  • EUR2.1 billion: Total infrastructure plan of EYDAP
  • 50%: Proportion of the EUR514 million programme covered by the EIB loan
  • 2025-2030: Period during which the investments will be carried out
  • 4.4 million: People served by EYDAP's water supply services
  • 3.7 million: People served by EYDAP's sewerage services

Sources:

  • "Greece: EIB EUR250 million financing supports EYDAP's investment programme for sustainable and climate-resilient water services in Attica" (European Investment Bank, August 26, 2025)
  • "EYDAP" (European Investment Bank, accessed August 26, 2025)
  • "The European Investment Bank (EIB)" (European Investment Bank, accessed August 26, 2025)
  • "The European Investment Bank (EIB) Group" (European Investment Bank, accessed August 26, 2025)