The end of Russian roulette in water

A new EBRD loan to Rosvodokanal marks a turning point in the way Russian private water contracts are structured. It will force foreign operators to take the Russian market seriously.

The EBRD has agreed to lend RUB1.5 billion (€41 million) to Rosvodokanal (RVK), one of Russia’s largest private water operators.

The loan, extended over 13 years, is the first stage of a two-part financing package which will help fund RUB17 billion (€465 million) of capital expenditure over the next five years in six cities and one region, under existing long-term contracts...

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