FCC has announced that it has formally completed the sale of a 49% stake in its Aqualia subsidiary to Australian fund IFM Investors for EUR1.024 billion (US$1.187 billion). This comes after the European Commission (EC) and the Federal Economic Competition Commission of Mexico approved the sale on 22 August and 20 September, respectively.
Water & Waste News
Peru's Private Investment Promotion Agency (ProInversión) has launched the tender for the design, financing, construction, operation and maintenance of a wastewater treatment system for the Lake Titicaca basin, located in Puno, in the south-east of the country. The project has an estimated total investment of PEN840 million (US$255.5 million).
Haya Water, part of Oman Wastewater Services Company (OWSC), has announced a programme to develop sanitary drainage projects worth OMR6 billion (US$15.55 billion) through public-private partnerships (PPPs).
Water & Electricity Company (WEC) of Saudi Arabia has announced that five teams have submitted proposals for the Rabigh 3 Independent Water Project. The project involves the construction of a desalination plant designed using Reverse Osmosis technology to produce the potable water from the Red Sea.
iCON Infrastructure Partners IV has acquired a majority stake in Eco Eridania, an Italian integrated waste collection, transportation, treatment and disposal business, from Xenon Private Equity V and CEO Andrea Giustini’s family holding company Roccaforte.
Changshu Sino French Water, a joint venture formed between Changshu Urban Construction Public Assets Management Company and SUEZ NWS (itself a joint venture between SUEZ and NWS Holdings), has signed a 30-year contract to own and operate four wastewater treatment plants in Changsu, a city in Jiangsu, an eastern-central coastal province of China.
The Dhaka Water Supply & Sewerage Authority (WASA) has awarded SUEZ and Veolia the contract to build and operate a drinking water production plant in Gandharbpur, Bangladesh, after an international call for tender.
Tideway, whose shareholders include Allianz, Amber Infrastructure, Dalmore Capital and DIF, has issued GBP175 million (US$236.6 millon) green bonds to finance the Thames Tideway Tunnel (TTT) project, which involves the construction of a 25km sewer tunnel in London.
The private investment arm of the Inter-American Development Bank (IDB), the Inter-American Investment Corporation, has approved a US$200 million loan for the construction of a thermal solid waste treatment plant in Mexico City being developed through a public-private partnership.
Zencap Asset Management has announced its intentions to launch a third senior infrastructure debt fund, dedicated to senior financing of European infrastructure. The company is targeting a first close of EUR200 million (US$244.4 million).
An inter-ministerial tender committee of the Government of Israel has awarded a PPP project involving the construction and operation of a waste treatment facility to Zero Waste, a company jointly owned by Shikun u'Binui Holdings through its concessions division, and Azrieli Group, through its GES subsidiary.
The Water and Electricity Company (WEC) of Saudi Arabia has issued a Request for Proposals (RFP) to prequalified companies for an independent sewage treatment plant (ISTP) at Jeddah Airport, officially called King Abdulaziz International Airport, located to the north of Jeddah, a city in the west of Saudi Arabia.
China Everbright Water Limited has announced that the company has recently secured multiple sub-projects under the Ji'nan Zhangqiu Urban-Rural Integration Water Supply Project in Shandong Province, in eastern China, which the company won in March 2017.
3i Infrastructure plc has announced that it will invest EUR201 million (US$246.36) to acquire a 50% stake in Attero, one of the largest waste treatment and disposal companies in the Netherlands.
Metro Pacific Investments Corp (MPIC) has announced that its subsidiary MetroPac Water Investments Corporation (MPW) has signed a share purchase agreement for the acquisition of a 49% stake in Tuan Loc Water Resources Investment Joint Stock Company, one of the largest water companies in Vietnam.
The state-owned National Water Company (NWC) of Saudi Arabia has awarded a procurement advisory services contract for a project concerning the provision of water distribution services in Saudi Arabia to a consortium containing Mizuho Bank, White & Case and Atkins, a member of the SNC-Lavalin Group.
Ancala Partners LLP, the independent mid-market infrastructure investment manager, has announced that it has acquired Aquatrine Package A, from Kelda Water Services (KWS), a subsidiary of Kelda Group. Aquatrine delivers one of the largest water and waste water Private Finance Initiative contracts in Europe for the British government's Ministry of Defence (MOD).
The Water & Electricity Company (WEC) of Saudi Arabia has published a Request for Expressions of Interest for the Jubail Phase 3 Independent Water & Power Project, to be located on the Arabian Gulf Coast, approximately 18km south of the Jubail Industrial City, adjacent to the existing plant units (Jubail Phase 1, Jubail Phase 2 and Jubail RO plants), in the Eastern Province of the Kingdom of Saudi Arabia.
CITIC Envirotech Ltd has announced that the Group was awarded a Public-PrivatePartnership (PPP) project in Xiaogan City, Hubei Province, China.
Saudi Arabia's Water & Electricity Company (WEC) has issued a Request for Proposals to ten pre-qualified bidders for the Damman Independent Sewage Treatment Project. Proposals are sought for the development of a sewage treatment plant with a planned capacity of up to 330,000 m3/day, to be located west of the city of Dammam on the country's Gulf coast.