Scottish PFIs begin to stir

Uncertainty over the next review period is a dampener on corporate activity in the English water market. But there may yet be some action in Scotland.

Anumber of companies involved in the nine wastewater treatment projects developed for Scottish Water under the Private Finance Initiative are looking to sell their interests in the scheme, it emerged last month.

John Telfer, the head of PFI projects at Scottish Water, confirmed that there was a “whole gamut” of issues under discussion at the separate companies but said they ...

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