Brussels, 07/12/2011 (Agence Europe) - The European Investment Bank (EIB) announced on Wednesday 7 December that it had signed a €120 million finance contract with Bank Hapoalim for the design and construction of a seawater desalination plant using reverse osmosis technology in Ashdod, 35 kilometres south of Tel Aviv, Israel. The project aims to produce at least 100 million cubic metres of drinking water per year. Bank Hapoalim will on-lend the funds to Ashdod Desalination Ltd, a fully...