IWL sells Scottish PFIs
- From: Vol 5, Issue 7 (July 2004)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: AWG, Barclays Capital, Bechtel, Edison, Henderson Private Capital, International Water (IWL), MJ Gleeson, Morrison Construction, Société Générale and United Utilities
The sale, to a financial investor, leaves International Water with just one remaining project – in Ecuador.
International Water Limited (IWL) has sold its stakes in three Scottish PFI projects to Infrastructure Investors, a secondary fund set up recently by Barclays Capital and Société Générale to invest in operational projects, for £27.1 million.
IWL, the joint venture between Bechtel of the US and Italy’s Edison, confirmed in March that it had appointed ...
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