EBRD deal highlights in 2003
- From: Vol 5, Issue 2 (February 2004)
- Category: General
- Region: Europe
- Country: Austria, Hungary, Poland, Romania and United Kingdom
- Related Companies: EBRD, ING and KNH
The bank has been breaking the multilateral mould. The EBRD Municipal and Environmental Infrastructure team sees itself as being at the forefront of innovation in the multilateral lending community. In addition to its equity investment in United Utilities’ central European portfolio reported in last month’s GWI, it broke new ground in a number of other deals.
Among the highlights of the year was the bank’s first industrial wastewater investment in partnership with Earth Tech. Hungarian chemicals company MOL had taken the decision to outsource its wastewater treatment in order to meet higher standards of environmental compliance and save money.
The outsourcing contract involved taking over MOL’s existing wastewater treatment facility at Duna, upgrading it ...
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