Kris PEETERS

The European Investment Bank (EIB) and wastewater treatment company Aquafin are continuing to build on their long-standing working relationship by entering into a financing contract worth €200 million.

A memorandum of understanding was signed this morning by the Walloon Region, represented by Minister-President Elio Di Rupo, Vice-President and Minister for the Economy Willy Borsus, Vice-president and Energy Minister Philippe Henry, Minister for Finance Adrien Dolimont, and the European Investment Bank (EIB), represented by Vice-President Kris Peeters.

Minister of Finance Yuriko Backes, Minister for the Environment, Climate and Sustainable Development Joëlle Welfring and Vice-President of the European Investment Bank (EIB) Kris Peeters presented a financing agreement between Luxembourg and the EIB to fund the ecological restoration of the Alzette river and its tributary, the Pétrusse. The works will cover a section of the Alzette located in the town of Steinsel, and a section of the Pétrusse located in Luxembourg City. The project has received an EIB loan for €9 million, granted under the Natural Capital Financing Facility (NCFF), part of the European Union’s LIFE programme.