ACA Pescara’s First EIB Loan to Enhance Water Quality and Efficiency
The European Investment Bank (EIB) has approved a €30 million loan for Azienda Comprensoriale Acquedottistica S.p.A (ACA), the utility company managing integrated water services for approximately 450,000 residents in the Italian provinces of Pescara, Chieti, and Teramo. The initial €20 million tranche was signed by Milena Messori, Head of the EIB Local Office in Italy, and Giovanna Brandelli, CEO of ACA. This financing, backed by the InvestEU programme, will support ACA’s water and wastewater investment plan for 2024-2026. Other recent EIB-backed projects in Italy include funding for Iren (€200 million), Valle Umbra Servizi (€35 million), ETRA (€100 million), Acquedotto Pugliese (€270 million), Como Acqua (€50 million), Hera Group (€460 million), ACEA (€435 million), Acque (€130 million),