758 articles in United Kingdom
The EU’s big plan involves big money. David Lloyd Owen looks at the challenge for the UK water sector.
RWE announced a shake-up of its water business at its year-end results presentation last month. Thames Water’s international interests outside Europe and America may be sold as the company focuses its investment on eastern Europe.
RWE is considering selling some of its water assets. It should sell more.
The UK’s Ministry of Defence contracts will need capital investment. UK correspondent Andrew Cavenagh asks where will it come from?
Suez and Veolia continued their return to favour with the markets. The two companies’ share prices are up more than 20% since the beginning of November.
Much of the action this month has been in the industrial wastewater sector where both Veolia and Suez have announced major outsourcing contracts. Veolia won a €1 billion contract from French car manufacturer, PSA.
Eight bidding parties pre-qualified for an estimated m-m contract to build, own and operate a 22,500m3/d seawater RO plant in Nassau, capital of the Bahamas.
The bank has been breaking the multilateral mould. The EBRD Municipal and Environmental Infrastructure team sees itself as being at the forefront of innovation in the multilateral lending community. In addition to its equity investment in United Utilities’ central European portfolio reported in last month’s GWI, it broke new ground in a number of other deals.
The Scandinavian SWTP consortium awarded a €2.5m contract to Dorr-Oliver Eimco UK to supply all the sedimentation equipment for the Southwest WwTP in St Petersburg, Russia.
Securitising the revenues from the reservoir will keep the regulator happy. But the rating agencies are taking their time.