Thames Water strengthens Chilean presence

THAMES WATER, THE RWE GROUP’S WATER DIVISION, has acquired a 30-year concession from the Chilean government to provide water services for the country’s fourth largest water and wastewater company, Empresa de Servicios Sanitarios del Maule (Essam). Essam supplies around 570,000 people in the Maule region (7th region of Chile) and achieved net sales of $21.4 million in 2000.

Thames Water paid $171 million for the concession. The company says it will invest around $100 million in the first five years of the concession, mainly on WwTPs.

The move strengthens Thames Water’s presence in Chile, giving it a market share of 20%. Before the deal, it was already the second largest water supplier in Chile following two previous ...

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