The European Investment Bank (EIB) has agreed to lend €115 million to multi-utility A2A with part of the funding to be invested in hydropower facilities in Italy.
The 15-year loan agreement covers integrated waste management and hydropower investments. The funds allocated for hydro will be used to maintain and increase the efficiency of plants located in Lombardy and Calabria.
All schemes meet the EIB’s eligibility requirements for financing in the energy and environment sectors. They will lead to an increase in power generation from renewable sources and more efficient material recovery, with resultant environmental benefits, said the EIB.
