EIB looks to step up desal lending activity

The multilateral is considering co-financing two large-scale desal BOTs in Israel. Its support of the Israeli desal programme should be a lesson to other Mediterranean countries.

The European Investment Bank is looking to step up its exposure to the desalination market, and is actively considering co-financing two major projects in Israel, as well as a cluster of smaller plants in Spain.

To date, the EIB has provided financing to two large-scale desalination plants – the 348,000m3/d Hadera plant in Israel (to which it has committed ...

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