Vivendi and IDE to run for Ashkelon tender
- From: Vol 1, Issue 10 (October 2000)
- Category: Brief
- Region: Middle East
- Country: Israel
- Related Companies: Dankner, IDE Technologies, Israel Chemicals and Veolia Environnement (formerly Vivendi Environnement)
VIVENDI will participate in the tender to build the Ashkelon desalination plant in Israel, forming a consortium with Israeli company IDE Technologies. Anticipated investment for the 50Mm<sup>3/</sup>/year seawater plant is between $150 million and $200 million. It will be built on a BOT basis.
Vivendi has signed a memorandum of understanding (MOU) with IDE Technologies, Israel Chemicals and the Dankner Group for jointly bidding in the tender. Vivendi will hold 25% of the shares and the Dankner Group a further 25%. The remaining 50% will be held by IDE.
IDE director general David Waxman said the consortium had strong technical capabilities and considerable experience ...
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