State support for Wonthaggi BOT financing
- From: Vol 10, Issue 8 (August 2009)
- Category: General
- Region: Asia
- Country:
- Related Companies: Banca Intesa, Banco Santander, Bank of Tokyo-Mitsubishi, BBVA, Degrémont (Suez), Dexia, Energy Recovery Inc, HSBC, John Holland, Korea Development Bank, Korea Life Insurance, Korean Teacher's Credit Union, Macquarie Bank, Mizuho Corporate Bank, National Australia Bank, Samsung C&T, Suez Environment , Sumitomo Mitsui Banking Corporation, Thiess, UniSuper, Veolia and Westpac
The award of the Melbourne desal plant marks a turning point in the Australian desal market. The high cost means the financing has taken longer to put together than planned.
The government of Victoria has chosen the AquaSure consortium of Suez Environnement, Thiess and Macquarie Capital to design, build, finance, operate and maintain the 411,000m3/d Wonthaggi seawater RO plant in Australia.
It is the first time a large-scale desalination facility has been procured on a BOT basis in Australia, and the winning team had to fight off fierce ...
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