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The increase of the price of water in Madrid will fatten by 598 million euros the accounts of the Canal of Isabel II

Summary by El Pais
The Isabel II Canal, the main public company in the Community of Madrid, expects to raise 598 million euros in the period 2025-2030 thanks to the increase in the price of water that it announced in February, according to documentation consulted by EL PAÍS. The company will raise the rates of water to consumers by 3% in the second semester of 2025, and annually from 2026 to 2030, to finance the investment of 2 billion in network improvements and …

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El Pais broke the news in Spain on Tuesday, April 1, 2025.
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