Beijing Enterprises Water Group
110 articles about "Beijing Enterprises Water Group"
MSCI decision cracks open the door to a more investible Chinese water stocks universe Vol 18, Issue 6 (June 2017)
The MSCI has given the green light to the inclusion of a small proportion of Chinese ‘A’ shares in its widely tracked Emerging Markets
index. GWI looks at what this could mean for foreign investment in the growing universe of Chinese water stocks.
Credit rating agency Moody’s has assigned a Aa2 rating to the new $350 million bond issued by Korean utility K-water, which is documented under a new $2 billion EMTN programme.
- Chinese state-owned engineering giant China Gezhouba Group (CGGC) announced that its overseas investment subsidiary had made its first investment in the international water sector, paying an estimated $147 million for Brazilian water concessionaire Sistema Produtor de Água São Lourenço...
- Japan’s Sumitomo Corporation has also been attracted to Brazil’s water concessions market. It is rumoured to be in talks to take a 14% stake in market-leading concessionaire Odebrecht Ambiental. It is part of a larger transaction yet to be finalised, which would see...
- Beijing Enterprises Water Group, China Everbright Water and CITIC Group – all powerful Chinese state-owned enterprises with strong existing water platforms – have joined Australian private equity firms in the race for water project developer Trility...
Three Chinese state-owned enterprises have joined a clutch of Australian private equity firms in the race to buy water treatment plant operator Trility. The need to secure approval from BOT clients – and rising protectionism in politics – could make for a long negotiation.
Two provincial Chinese water companies tried the same strategy this month, taking on Beijing Enterprises Water Group as a cornerstone investors and launching IPOs on the Hong Kong stock exchange. It did not seem to work.
The return of the Bandar Lampung and Pekanbaru water PPPs, which previously faltered at the tender stage, underscores the Indonesian government’s commitment to mobilise private finance for infrastructure. What lessons have been learned?
Privately held Chinese water project developer Poten Environment is due to list on the Shanghai stock exchange on 17 February. Venture capital-backed CSD Water Service is likely to be next, after it received approval to sell a 25% post-money stake via a Shanghai IPO.
Choppy Chinese stock markets undermined the performance of GWI’s Asia stock index last year, as compliance worries were compounded by a devaluation of the yuan. A few stars managed to buck the trend.
Shenzhen-listed Safbon Water Service completed its acquisition of 68% of troubled ceramic membrane maker ItN Nanovation at the end of 2016.
Ratings agencies S&P Global and Fitch have both placed Aquasure’s senior secured debt issue rating on negative watch to account for the risk that the company – which owns the Victorian Desalination Plant – will fail to deliver its first water order from the state (due on 30 June 2017).