In an ongoing commitment to improving water and sanitation services for millions of residents across the regions of Puglia and Campania, Acquedotto Pugliese S.p.A. (AQP) has been granted a 270 million ‘Green Loan’ from the European Investment Bank for a comprehensive investment plan that will increase efficiency in operations, strengthen resilience and sustainability. AQP is one of the first economic operators to benefit from a EIB’s “Green Loan” in Italy.
Project Overview:
AQP's investment program in drinking and wastewater operations for the period 2023-2027 represents a concerted effort to reduce water losses, enhance resilience against extreme weather events, and modernize existing water infrastructure. The EUR 270 million Green Loan granted by the EIB provides essential financial support for the initiative, which will further benefit from additional funds from the National Recovery and Resilience Plan (NRP).
Comprehensive Approach:
AQP's project involves a multifaceted approach encompassing approximately 100 small and medium-scale projects. These initiatives are dedicated to optimizing water resource management, reducing network water losses, and ensuring compliance with environmental regulations. The investments extend to improving water supply, wastewater collection, wastewater treatment plants, and the expansion of sewerage networks. Additionally, the project seeks to enhance digitization through smart meter installations and fortify supply systems against future extreme weather events.
A Vision for the Future:
With a total investment plan of EUR 2 billion by 2026 and significant investments already made in 2022, AQP aims to reduce substantial water losses, manage sewage sludge in-house, and self-produce renewable energy.
This collaborative effort between AQP and the EIB represents a concrete example of a fruitful collaboration of two public institutions to accelerate the investment needed to ensure a sustainable management of water resources for future generations.
Read more on AQP website here
