Vol 6, Issue 2 (February 2005)
Need to know
- ASIAN HOPEFULS
The Indonesian government is trying to woo foreign investors into its water sector once again.
- CHINA ACTION
A new Chinese public utility will soon be on the market.
- DESAL ADVANCES AND REVERSES
Our Desalination Tracker (see p25) is larger than ever, boosted by nine new Spanish plant proposals (but can they afford it? – see story p14).
- GERMAN ADVANCES
Veolia subsidiaries have clocked up new contracts in eastern Germany.
- STILL FIGHTING
Siemens Austria looks close to achieving its aim of acquiring 90% of VA TECH shares with its improved offer of €65/share now that Goldman Sachs Asset Management has sold up its 8.5%.
- UK CONTRACTS
Severn Trent has appointed 22 contractors and consultants to carry out its £2.2 billion capital investment programme over the next five years.
- 2005 in the crystal ball
It is a good time to reflect on current global trends.
- Insight - David Lloyd Owen
Gasping for breath in Bolivia.
- ADWEA inks Taweelah B agreements
A $2 billion limited recourse debt package is now being put together to pay for the Gulf’s biggest water project.
- Aguas Argentinas set for tearful ending
Having survived the peso devaluation, the largest private water concession in the world is now threatened by populist politics. Leticia Lozano reports.
- Court judgement challenges municipals
Wholly owned municipal firms are protected against competitive tenders. Can they hold out against consolidation?
- Doosan moves into water supply business
The Korean company is seeking to broaden the range of services it offers Middle Eastern clients.
- EU brings MDGs into focus
The EU wants to play a bigger role as a major funder of water services in poor countries. Olivia Jensen reports on the new EU-ACP Water Facility.
- Iraq mandate for Earth Tech
US company gets subcontractor role on a number of Iraqi projects.
- Mid Kent goes Australian
The UK water company has gone to a financial buyer for 51% more than its expected regulated asset value. What is next?
- Modest growth for Veolia and Suez
The French giants saw small increases in revenues in 2004. Veolia is looking to China, while energy overshadows water at Suez.
- OPIC to finance Algerian desalination deal
Algerian project finance deals are looking more attractive than they have done in the past. Could this herald a change in fortunes for the Algerian Energy Company?
- Spanish government drops water charge
Pressure from farmers means that Spain probably won’t comply with the Water Framework Directive, but it still wants the EU’s money for desalination.
- US Filter bags industrial water orders
Siemens firm awarded two contracts in the Middle East.
- Who did well in 2005?
The shortlist for the 2005 Global Water Awards has been announced. 22 companies have something to talk about.
- Keeping up with the money
Lawyers move to where the work is. They have had to be fast-moving to stay in the water sector over the past year. Alexandra Child investigates.
- The law firms in the running
A directory of the most talked about firms in the industry.
- The US: options in a contracting market
Larry Chertoff investigates how big law firms are repositioning themselves in the shifting contract operations market.