Cascal turns cash cow for Biwater
- From: Vol 5, Issue 10 (October 2004)
- Category: Companies
- Region: Europe
- Country: United Kingdom
- Related Companies: Bournemouth & West Hampshire Water, Cascal/Biwater and Nuon
The joint venture with Nuon put a shine on the contractor’s otherwise disappointing performance.
Biwater, the international water contractor with a taste for exotic markets, turned the corner on its losses in the year to end March 2004, according to recently published accounts.
The star performer was Cascal, the joint venture with Dutch water utility Nuon, which increased its contribution by 31% from £3.7 million to £5.5 million. Nuon’s assets include ...
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