60 articles about "BNP Paribas"
Armed with a new business plan, the French water services provider has secured three binding offers for a comprehensive recapitalisation. Not all of them were born equal.
Despite significant hurdles, the procurement of Kuwait’s first IWPP looks to be close to completion. Planners are now turning their gaze towards the next projects in the pipeline.
Algeria’s former water resources minister Abdelmallek Sellal was named as the country’s prime minister on 3rd September.
Shares in Finnish water chemicals supplier Kemira rose sharply at the end of July after new CEO Wolfgang Büchele stamped his authority on the company by announcing a global restructuring programme which will target annual cost savings of around €60 million and is likely to result in 600 job losses – more than 10% of the group’s workforce.
For the deal, contracted in 2011, which has made the biggest contribution to the advancement of public-private partnerships in the international water sector.
Ysro B.V. has sold its remaining 18% stake in BWT AG, bringing the free flost up to 73%.
Suez Environnement’s inaugural issue of hybrid capital securities will diversify its funding base and strengthen the corporate structure. Its credit rating is still on negative outlook.
The second subordinated bond in as many months from Thames Water will enable the borrower to repay £835 million of acquisition debt. The deal sold out within two hours.
The preparatory process for Kuwait’s first IWPP will determine the path for the wider adoption of the model in the country’s water and power sector. The choice of advisory team was crucial.
* Kuwait has appointed financial, legal and technical consultants for its first independent water and power project (IWPP)