INVESTMENT
- From: Vol 4, Issue 5 (May 2003)
- Category: Need to know
- Region: Unspecified
- Country: China, Nepal and Panama
- Related Companies: Cascal/Biwater
Panama: The International Finance Corporation (IFC) signed an agreement to invest up to $15 million in the Biwater subsidiary, Aguas de Panama.
The investment will help maintain a scheme to supply bulk
water to the state-owned utility, Instituto de Acueductos y Alcantarillados Nacionales (Idaan). The investment proceeds will be used to replace bridge shareholder financing from Biwater, which provided $25 million to build a WTP at Laguna Alta – now in operation. Aguas de Panama has a 30-year concession to supply 15-20MGD of ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
