No competition for €2bn Madrid contract
- From: Vol 6, Issue 10 (October 2005)
- Category: General
- Region: Europe
- Country: Spain
- Related Companies: Canal de Isabel II
Canal Isabel II takes over Madrid’s sewerage and water treatment by the back door. Not everyone is happy.
In a surprise deal announced on 26 September, Canal Isabel II has secured a 25-year concession on Madrid’s sewerage network and water treatment plants in return for a lump sum to be paid over the next three years to the city council.
The publicly owned company, which already supplies drinking water to Madrid’s 3.5 million inhabitants, will ...
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