The European Investment Bank (EIB) has granted a €45 million loan to BrianzAcque, the publicly owned integrated water service company for the Italian province of Monza and Brianza, to back its 2025-2029 investment plan. The agreement announced by EIB Vice-President Gelsomina Vigliotti and BrianzAcque Chairperson and Chief Executive Officer Enrico Boerci aims to improve the efficiency of water and sewerage infrastructure in the municipalities served, benefiting around 877 000 people.
Structured as a green loan and backed by InvestEU, the EIB financing will help improve water service quality, prevent floods and overflows, and make infrastructure more resilient to extreme weather events.
The project involves a series of strategic operations including increasing water treatment plant capacity, laying 16 km of new sewer pipes, separating rainwater from the sewerage system, building retention basins for temporary rainwater collection, and implementing innovative urban and social regeneration solutions. An estimated 50 new jobs will be created during the implementation phase.
The project involves actions that include increasing water treatment plant capacity, separating rainwater from the sewerage system, and implementing innovative urban and social regeneration solutions
“Investing in modern and resilient water infrastructure is key to protecting our regions from the effects of climate change and to significantly reducing water losses, one of our water service’s main challenges. This new funding supports safer, more efficient and more sustainable water management to benefit people and the environment,” said EIB Vice-President Gelsomina Vigliotti.
“We are delighted with this new EIB financing, which is not only a concrete opportunity to strengthen water services on the ground, but also a clear vote of confidence in our vision and design expertise,” said BrianzAcque Chairperson and Chief Executive Officer Enrico Boerci. “BrianzAcque is a robust and dynamic publicly owned company committed to sustainable long-term design. Working together with the member municipalities and the service area means we can look to the future with ambition and responsibility.”
This new loan is part of a long-term partnership between the EIB and BrianzAcque. Following an initial loan granted in 2017 and financing signed in 2021, this operation further strengthens the EIB’s role as a strategic partner for sustainable development in the region.
