Victory for private water finance
- From: Vol 8, Issue 2 (February 2007)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: Acciona Water (formerly Pridesa) and Janney Montgomery Scott
The US government is backing legislation that will make tax-exempt finance available to private water projects. It could be the start of something big.
The US Environmental Protection Agency is pushing to remove the cap for private activity bond issuance in order to bring more money into the water and sanitation sector. Michael Deane, the EPA’s senior policy advisor on infrastructure finance, believes the measure could attract investment of around $1 billion-$3 billion per year initially, and up to $5 billion per ...
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