AMERICA WATER IN BRIEF
- From: Vol 12, Issue 12 (December 2011)
- Category: Brief
- Region: Americas
- Country: Chile and United States
- Related Companies: Altima Partners LLP, Aqua America, Cadiz Inc, Carlyle Infrastructure Partners, Consolidated Water, CORFO, NSC Agua, Park Water Company and Pentair
Chilean economic development agency Corfo decided on 15 December not to proceed with the sale of a 40.46% stake in Essal, owing to the bids received not satisfying the minimum threshold set. Corfo had been targetting proceeds of around $100 million from the sale.
Consolidated Water announced on 15 December that it is still considering alternatives for the future of its 50% stake in NSC Agua, the company formed to develop a 378,500m3/d desalination plant in Baja California. The option extended to a third party – believed to be local businessman Alejandro De La Vega- Valladolid – to purchase CWCO’s stake at a ...
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