Water Resources Group
20 articles about "Water Resources Group"
GWI, Singapore’s Economic Development Board (EDB) and PUB, Singapore’s national water agency, are creating a knowledge-sharing platform to bring together industrial water users to find an ROI from water stewardship.
Beleaguered Water Resources Group has secured an equity injection to help rollout its ozone generation technology.
Indonesian officials are seeking to garner interest in the country’s water PPP opportunities through an international roadshow in North America and the Middle East.
Troubled ASX-listed desalination specialist Water Resources Group was thrown a lifeline earlier this month, after existing investor Dilato Holdings agreed to subscribe for A$2 million (US$1.9 million) of convertible notes over the next two years in order to provide working capital to enable WRG to commercialise its product portfolio.
Xylem CEO Gretchen McClain was suddenly replaced by her former boss Steve Loranger this month, after two downward revisions of earnings guidance.
Modern Water and Energy Recovery Inc. both received a boost this month, albeit for different reasons. A profit warning at Pennon, meanwhile, wiped 10% off the value of the stock and sent it crashing out of the FTSE 100.
A mixed bag of second-quarter results had analysts scrambling to update their forecasting models for a number of mid-cap water stocks. Impressive gains at Sabesp and American Water drove the GWI Americas Index to a new high.
Declines at Veolia and Suez Environnement crimped the performance of the wider GWI Water Index this month. Meanwhile, a trio of issuers unveiled plans for dilutive secondary offerings.
The Aussie desalter has opted to raise fresh equity at home, despite an impending Nasdaq listing. It is a big ask.
Contagion-resistant water utility stocks were the best place to be this month, as the GWI Water Index outperformed major stock indices on every continent. Declines elsewhere were a catalyst for increased share buyback activity.