Joy of capitalism
- From: Vol 7, Issue 8 (August 2006)
- Category: Analysis
- Region: Americas
- Country: United States
- Related Companies: Gelsenwasser, General Electric (GE), Manila Water Company, Suez, Thames Water and Veolia
Christopher Gasson looks at how the wall of money looking for a home in the water sector will change the shape of the industry.
GE’s limited p a r t n e r s h i p structure for its small BOT deal in Cauley Creek, Georgia (see p16) is to my mind something genuinely new in the water market. GE Energy Financial Services is investing as a limited partner: it puts up 90% of the money in exchange for a dividend, but ...
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