Thames’ Chilean business goes to Southern Cross
- From: Vol 6, Issue 10 (October 2005)
- Category: General
- Region: Americas
- Country: Chile
- Related Companies: Acciona, Aguas Nuevo Sur Maule, Chilesat, Construmart, Essbio, Hidrosan, RWE/Thames (Water), Solari Group, Southern Cross and Telmex
RWE’s subsidiary is out of Chile nursing a $260 million loss.
Us-based investment fund Southern Cross has agreed to buy RWE Thames Water’s controlling stake in Essbio, Chile’s No. 3 water provider, and its 99% stake in Aguas Nuevo Sur Maule (ANSM) for just over $300 million. The deal also includes the Essel utility, which provides water for Chile’s sixth region, due to the merger of Essbio and ...
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