Transaction details


Ethica Debt Advisory advised Amap in structuring a financing directly provided by the European Investment Bank

Ethica Debt Advisory advised Amap, a company with entirely public capital that since 2015 has become the sole operator of the integrated water service of 35 municipalities of the Metropolitan City of Palermo, in the structuring of a loan granted directly by the European Investment Bank. The 15-year loan will cover 45% of the Company’s investment plan for the period 2017-2020. The loan is part of the EIB Program Loan dedicated to small and medium-sized operators in the water sector and benefits from the guarantee granted by the European Union under the European Fund for Strategic Investments (EFSI). . The loan will allow the Company to improve services, infrastructures, sewage systems and wastewater treatment plants of the Municipalities of the Metropolitan City of Palermo.