EBRD’s ongoing commitment to water
- From: Vol 3, Issue 2 (February 2002)
- Category: General
- Region: Europe
- Country: Estonia
- Related Companies: AS Tallinna Vesi, RWE, SHW Hölter Wassertechnik and Veolia Environnement (formerly Vivendi Environnement)
By January of 2002, the European Bank for Reconstruction and Development (EBRD) had signed over €1.2 billion in financing commitments for municipal operations. Of this, around €980 million are commitments in water and sewerage projects.
The trend towards non-sovereign and private financing continued last year. The bank informed GWI that it had made no sovereign guarantee transactions in the municipal and environmental infrastructure (MEI)
sector in 2001. Transaction volume in the sector increased from nine to 12 deals.
The bank’s financial commitment to MEI sector investments will continue to increase in the years ahead ...
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