EUROPE WATER NEWS IN BRIEF
- From: Vol 11, Issue 10 (October 2010)
- Category: Brief
- Region: Europe
- Country: Belgium, Brazil, France and United Kingdom
- Related Companies: Amplio Filtration, Bluewater Bio, Environmental Water Systems, Est Ensemble, HaloSource, Suez Environment , Thames Water, Veolia Water and Water Innovate
* The IPO of HaloSource on London’s Alternative Investment Market raised £50 million, including £31.5 million of new money, valuing the company’s equity at £100 million ($158 million).
HaloSource, which generated $11.8 million of revenues in 2009, is forecasting top-line growth of 40-50% this year, driven primarily by sales of its point-of-use water purification products in India, China and Brazil.
* Thames Water has raised £40 million from a new 35-year amortising indexlinked bond, believed to be the first of its kind in the UK water sector. The ...
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