The real cost of capital
- From: Vol 11, Issue 8 (August 2010)
- Category: Analysis
- Region: Unspecified
- Country: Singapore and United Kingdom
- Related Companies: Acciona, Befesa, Cascal, Hyflux Water Trust, IDE Technologies and VA Tech (Wabag)
Christopher Gasson looks at what the sale of Cascal and Hyflux Water Trust says about the cost of capital for water project developers.
What is the best model for funding private water investment? It is an interesting question to ask this month, when we saw Cascal taken off the New York Stock Exchange by Sembcorp, and Hyflux announce a deal with Mitsui of Japan to take Hyflux Water Trust off the Singapore Stock Exchange.
Both Cascal and HWT were set up by EPC ...
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