Zagreb wastewater financing finalised

Financing for the €300 million Zagreb WwTP was finalised in December between the German-Croatian project company, Zagrebac˘ke Otpadne Vode (ZOV) and the KfW.

The KfW, which is acting as coordinating bank for the project financing, will provide a commercial loan of €115 million to be paid back over 20 years through wastewater charges. EBRD will provide senior debt of €55 million running for 15 years. ZOV will inject additional equity which, together with funds sourced from earnings when the plant goes into operation ...

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