Spanish water privatisations gain popularity
- From: Vol 10, Issue 4 (April 2009)
- Category: General
- Region: Europe
- Country: Spain
- Related Companies: Acciona, Agbar, Aqualia, Canal de Isabel II, Facsa, Gestagua, Rayet, Saur and Valoriza
Inspired by Madrid, a number of Spanish municipalities are looking to part-privatise their water systems. Public opposition is already rampant.
The decision by the Madrid regional government to raise capital through the sale of a 49% stake in Canal Isabel II (CYII) is now being echoed in a number of other Spanish cities.
Councils in the provincial capitals of León and Cuenca, and in Avilés (Asturias) are all currently debating or implementing privatisations of their publicly-owned municipal water ...
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