The European Investment Bank (EIB) will finance Seville’s municipal water supplier Emasesa with up to $87 Million USD. The funding is meant to be a crucial step in the post-pandemic recovery of the city and the region of Andalucia, which has suffered a hard economic impact. The project will last through 2024, with improvements to the available water infrastructure in order to increase the coverage, quality and resilience of integrated water services in the Seville metropolitan area. It will also improve operational efficiency, for example by reducing water losses, increasing energy efficiency and reducing the risk of flooding in the service area. By improving the efficiency of water supply services, the operation will help ensure the proper distribution of water in southern Spain — an area experiencing water stress — in the future.
Source: The Mayor