GE buys French industrial BOT company
- From: Vol 8, Issue 2 (February 2007)
- Category: General
- Region: Europe
- Country: France
- Related Companies: General Electric (GE), Groupe Idex and Idex Aquaservices
GE’s Energy Financial Services unit wants to build a $1 billion portfolio of water assets. It has done a deal for a string of plants serving the French food and beverage sector.
GE Energy Financial Services has made another step into the water sector with the acquisition of a 95% interest in Idex Aquaservices, a French industrial water specialist. The deal follows Energy Financial Services’ acquisition of the Cauley Creek Water Reclamation Facility last year. It shows a new dimension to the strategy of GE Infrastructure’s energy and water finance unit ...
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