NIB to finance upgrades to Riga water systems
NIB has agreed on a credit facility of up to EUR 50 million with SIA Rīgas ūdens to support a 2025–2028 investment programme for wastewater treatment and clean-water infrastructure. The aim is to improve service reliability and quality and to cut non-revenue water.
The total programme cost is EUR 235 million and is also co-financed by a EUR 70 million loan from the European Investment Bank, as well as funding raised through green bond issuances.
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Originally published on 12 Feb
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