German water sector still offers investment opportunities
- From: Vol 3, Issue 3 (March 2002)
- Category: Companies
- Region: Europe
- Country: Germany
- Related Companies: Electrabel, Eon, Eurawasser, Gelsenwasser, KPMG, Ondeo/Suez, Sal Oppenheim, Tractebel and Veolia Environnement (formerly Vivendi Environnement)
Moves towards liberalising the German water sector are still at the talking-shop stage. In late January, federal minister of economics Werner Müller outlined the five points of his modernisation strategy but acknowledged that the plan “can only succeed if those involved at federal, state and municipal level, as well as the water associations and industry organisations are prepared to co-operate”.
However, this doesn’t mean to say that nothing is happening at the municipal grass roots level. Public-private partnerships and consolidations in the German water sector are already offering opportunities for investors, especially those with multi-utility know-how.
Motives behind the municipal approach to private sector participation vary. Some local authorities have explicitly sought strategic partners. Some definitely do not want ...
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