30 articles about "JGC Corporation"
The purchase of Trility will give the Chinese group access to a mature contract portfolio with a high degree of revenue predictability. Not all the contracts are making money.
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.
Yunnan Water is buying Mitsui’s 50% stake in Galaxy NewSpring for $100 million. Negotiations are underway for the remaining 50% currently owned by Hyflux, but the Singaporean seller is likely to want a premium.
As Hyflux battles legal cases on multiple fronts in Algeria, it has brought the axe down on a number of technical staff at home. More Chinese assets have now been put on the block as the group bets on more growth in its power and spa ventures.
The number of cities courting the private sector is growing in Abe’s Japan. Weak public finances, ageing infrastructure and dwindling demand are all driving outsourcing.
Iran and Cuba open up; Canadian P3 pipeline stronger than ever; the battle for Rosarito; Huntington Beach assesses groundwater injection costs; ten groups vie for Omani desal trio; Tedagua bids low in Djibouti; all the latest project news from around the world this month.
Gulf water veteran Kyeong Choi has joined Spanish firm Acciona Agua as Middle East director.
The owners of Saudi Arabia’s only industrial IWPP have paid a heavy price for two outages at the facility. Despite the size of the package, it was a price worth paying to keep hold of the plant.
Petro Rabigh seems to have lost patience with its water and power supplier, after the Rabigh Arabian Water and Electricity Company suffered a second power outage during September.
A dispute between power and water developers and Saudi industrial giant Petro Rabigh is threatening to develop into a legal minefield.