Veolia Environnement (formerly Vivendi Environnement)
263 articles about "Veolia Environnement (formerly Vivendi Environnement)"
The bidding battle for Hyder intensified at the end of July, fought out against the backdrop of a broader struggle within the UK water industry over preferred models of corporate structure.
Water is rapidly changing from a political and social good to a market commodity as worldwide shortages beg for creative solutions. Globally, annual revenues for this industry are estimated at $300 billion. Because of the phenomenal growth, some observers see water as the oil of the 21st century – in parts of the world, water already commands as much as a barrel of oil. Clay Landry of the Political Economy Research Center (PERC) in Montana writes that the emergence of markets where rights to water are traded has fuelled much of this growth.
VIVENDI WATER is to increase its 40% stake in the Czech water services and sewage management company, Severoceske vodovody a kanalizace (ScVK), towards the end of this month, according to chief executive Philippe Guitard.
Welcome to the second issue of Global Water Intelligence (GWI). There have been one or two minor layout changes since our launch last month. Most notably, tracker has assumed a tabular format which we hope will make it easier to follow the diverse range of public-private partnerships in the water industry.
Central American countries, battered by Hurricane Mitch in October 1998, are undertaking programmes to repair their urban water supply systems and set up sewerage services for thousands of households. The private sector can potentially play a significant role in this reconstruction of Central America’s water industry.
The flood of European and US capital which has followed hard on the heels of Latin America’s wide ranging water privatisation programme showed no sign of slowing in June with Chile and Brazil among the main beneficiaries.
Vivendi Environnement will be listed on the Paris Bourse on 12 July and in New York later in the year.
Vivendi dominated the news in Europe in June with the planned IPO of its Environment Unit and the three-way merger with Seagram and Canal Plus making the headlines. Shares in the French conglomerate ended the month lower amid concerns over the merger.
The Avalon Trust was founded two years ago to provide a full trust and investment service for individuals and institutions wishing to invest their funds in a socially responsible manner. In this month’s Investor’s View, Owen Quattlebaum, chief investment officer, explains why Avalon decided to set up a water fund.
The privatisation of Manaus Saneamento, the larger portion of Brazil’s Amazonas state water company, Cosama (Companhia de Saneamento do Amazonas), was postponed for a fourth time just 24 hours before the 25 May auction on the Rio de Janeiro Stock Exchange.