INVESTMENT
- From: Vol 4, Issue 1 (January 2003)
- Category: Need to know
- Region: Unspecified
- Country: Algeria, Germany, Honduras and Romania
- Related Companies: Acea, Black & Veatch and Veolia Environnement (formerly Vivendi Environnement)
Romania: EBRD and Germany’s DEG announced a €74 million loan to Apa Nova Bucuresti, the concessionaire owned by Vivendi Environnement and the city of Bucharest.
The funds will be used to finance the completion of the Crivina WTP and to extend and renew networks (see story, p.13). The loan was priced at 450 basis points over LIBOR and has a 13-year tenor. EBRD’s portion (€55.4 million) put it on track for achieving a business volume of €500 million in the water and ...
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