Last rites for Aguas Argentinas
- From: Vol 6, Issue 10 (October 2005)
- Category: General
- Region: Americas
- Country: Argentina
- Related Companies: Aguas Argentinas, Aguas de Barcelona, Aguas de Santa Fé, Anglian Water, Electricité de France, Southern Cross, Suez, Thames Water and Veolia
As the European water companies leave Latin America, who will fill their spaces? Daniel Nolasco reports.
Aguas Argentinas shareholders including Suez, Veolia, Aguas de Barcelona and Anglian Water voted in favour of leaving the 30-year concession contract for Buenos Aires at a special meeting on 22 September. Banco de Galicia (a local bank) voted against and Aguas Argentinas employees abstained. Suez reached this decision after three years of unsuccessful tariff negotiations with Argentina’s government (see ...
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