The European Investment Bank (EIB) and AIMAG S.p.A. have signed a new €50 million financing agreement to support the multiutility's multiannual investment programme in integrated water services in the province of Modena, benefiting around 200,000 people, according to a press release issued by the EIB. The agreement, backed by InvestEU, was announced by Gilles Badot, Director of Public Sector Operations at the EIB, and Gianluca Valentini, General Manager of AIMAG. The financing will support more than 200 upgrades to water, sewerage and wastewater treatment infrastructure. It aims to strengthen resilience, reduce water losses, digitalize services, and improve the capacity to manage extreme climate events. The operation also contributes to EU environmental objectives and to the quality of services for citizens and businesses.