NEW TRENDS

* The next big thing in the American water sector seems to be long-distance private water pipelines.

Last month, legendary oil investor Boone Pickens pushed ahead with his plan to supply water to Dallas and San Antonio through a $3 billion pipeline (see David Lloyd Owen p7). This month, investment bankers Houlihan Smith & Company started on the trail to raise $65 million of equity for a $400 million project to bring water from 45,000 acres of ...

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