Italian investment under threat

Italian water operator Acquedotto Pugliese has threatened to cut €250 million of investment after the local regulator reneged on a tariff hike.

About €250 million of planned infrastructure investment in the Italian region of Puglia is hanging in the balance after emergency talks took place in early February between water operator Acquedotto Pugliese (AQP) and the local ATO.

The talks followed an announcement by AQP in mid-January that it had pulled the plug on its 2009 investment programme on the back of ...

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