Commissioned by Paul the Fifth Borghese(1605-1621) and designed by Maderno, it was built in 1614 and placed in Piazza Scossacavalli in front of Palazzo Campeggi, residence of cardinal Scipione Borghese.
The project involved using a large quadrangular granite basin, which Alexander VI Borgia (1492-1503) had placed near the fountain in St. Peter's Square, currently behind the apse of St. Peter's Basilica. In place of this project, a fountain was built with a square basin, flanked by circular arches; at the centre is a shaft decorated with four volutes, depicting the eagle and dragon of the Borghese family, which supports the basin, which is circular, low and wide; at the centre of the basin is a capital.
In 1933, with the demolition of the Borgo spina for the opening of Via della Conciliazione, the fountain was dismantled and stored in the municipal warehouses; in 1958, it was rebuilt, replacing some elements, in front of the façade of the church of Sant'Andrea della Valle, in the square of the same name.
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