EIB WATER LOANS
May 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Investment Bank (EIB) is planning to make large low interest loans to two British utilities, to fund major capital works schemes. In Northern Ireland, the publicly-owned European Union (EU) bank wants to lend the province's Water Service up to GBPounds 88 million to help improve the quality, quantity and security of its treated water supplies to 781,000 customers, ensuring compliance with the EU drinking water directive. This GBPounds 176 million project will increase its treatment capacity from 295 million Ml/d to 423 Ml/d (million ...
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