IN BRIEF – MIDDLE EAST

* Sacyr subsidiary Valoriza has formed a strategic alliance with Abu Dhabi-based holding company ADGECO Group.

The alliance will focus on Valoriza’s core skills in designing, constructing and operating desalination, sewage treatment and power generation plants. Pablo Abril-Martorell Hernandez, Valoriza’s director general, noted that the company “will be establishing a major office presence in Abu Dhabi, and is budgeting large amounts of seed capital for the establishment of joint venture entities involved in Build-Own- ...

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