EBRD eyes equity stake in aqualia subsidiary

The EBRD is looking to invest in a new vehicle which will further aqualia’s expansion into Eastern Europe. It follows a similar deal with Veolia.

The European Bank for Reconstruction and Development is to invest up to €80 million by taking an equity stake in a newly established subsidiary of Spanish water company aqualia.

The deal is still at an exploratory stage, and would involve the bank taking a minority interest in aqualia Investment Venture, a special purpose vehicle being set up to invest in ...

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