Sewerage network PPP in Gelsenkirchen
- From: Vol 5, Issue 3 (March 2004)
- Category: General
- Region: Europe
- Country: Germany
- Related Companies: Eon, Gelsenwasser, KKR, Rethmann, Veolia and WestLB
As Gelsenwasser continues to grow, speculation about potential partners mounts.
The town of Gelsenkirchen has “part-privatised” its sewerage network. Previously 100% owned by the town, the network has been sold to Gelsenkanal, which is owned by Abwassergesellschaft Gelsenkirchen (AGG), a company in which Gelsenwasser has 51% and the town of Gelsenkirchen 49%. AGG and Gelsenkanal together paid €182 million for the network, including a concession payment for way-leave.
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