Brussels Region injects 180 million euros into Vivaqua, becomes 49% shareholder

The Brussels-Capital Region is injecting 180 million euros into Vivaqua, the Brussels water distribution company, and will now hold a 49% stake. The Brussels government reached a decision in principle on Thursday to infuse capital into Vivaqua, as announced by Ans Persoons, the Brussels State Secretary for Environment and Climate, on Friday.

"The capital injection and the place given to the Brussels Region at the decision-making table must allow for the implementation of a strong and ambitious water policy," Persoons stated. She acknowledged significant challenges due to a "heavy legacy from the past" but expressed confidence in balancing "affordable" bills with necessary investments in the region's sewage and distribution network.

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The capital injection and the place given to the Brussels Region at the decision-making table must allow for the implementation of a strong and ambitious water policy.

Vivaqua's president, David Weytsman, admitted the considerable challenges, particularly concerning the sewage network, and recognized the necessity of regional funding. He welcomed the Brussels government's response to this need. The capital injection formalizes a commitment made during the government's formation to increase the region's involvement with the water distribution company. With a 49% share, the region gains a seat on the board of directors, securing a decision-making right.

This initiative is inspired by similar models in Flanders, with De Watergroep, and in Wallonia, with the Société wallonne des eaux. Additionally, as announced in mid-April, the regional body Hydria will transfer five storm basins and 40 kilometers of sewer collectors to Vivaqua.

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The challenges are significant, particularly at the level of the sewage network, and regional funding was necessary. He therefore welcomes the fact that the Brussels government is 'responding to the call'.