Trility pushes through a trio of transactions
- From: Vol 12, Issue 7 (July 2011)
- Category: General
- Region: Asia
- Country: Australia
- Related Companies: Innovation Network Corporation of Japan (INCJ, JGC Corporation, Manila Water Company, Mitsubishi and Trility Pty. Ltd.
The former UU Australia is looking to take full control of three of its joint ventures by buying out existing partners. It has yet to prove itself in the competitive project market.
A buoyant secondary market has emerged for water projects in Australia, with Trility –formerly United Utilities Australia – agreeing to buy its joint venture partners out of a trio of operational projects in the first half of July.
Trility’s new owners – Mitsubishi Corp, INCJ, Manila Water and JGC Corp – have made no secret of their plans to grow the business ...
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