151 articles in Italy
- Suez has increased its stake in Italian multi-utility Acea to 23.3%, as the company prepares for the consolidation of the Italian market...more
- Suez Ventures has taken a 22% stake in biogas purification and recovery specialist Prodeval. The deal reflects the maturity of the investment unit...more
- Veolia North America has finally had a big win in the North American municipal contract ops market, after a four-year drought. It took the $110 million contract to run...more
An increased stake in Acea will boost Suez’s exposure to Italian utility consolidation. A partnership with new shareholder Caltagirone, meanwhile, brings a host of benefits.
- Macquarie has approached its fellow shareholders to gauge their interest in increasing their stakes in Thames Water. It is a sign that the company has been unable to...
- The Bank of England’s quantitative easing programme has provided an unexpected fillip to the UK’s private water companies. Having expanded the bond purchasing programme to include corporate bonds as well as government bonds, it is looking to spend...
- A series of legislative changes introduced in Italy over the summer could mark the tipping point that finally sees international investors become more involved in the Italian water sector. Suez seems to believe the hype, more than doubling its stake in...
New legislation which came into force earlier this month could mark a crucial inflexion point for international participation in the Italian water sector. Consolidation and regulatory reform are at the heart of the latest developments.
Italmatch expands its global manufacturing base with Compass acquisition Vol 17, Issue 6 (June 2016)
The Genoa-based chemicals group has bolstered its presence in the water additives market by making its fourth acquisition in as many years. It is part of a multi-faceted response to industry pressures masterminded by founder Sergio Iorio.
- Catalunya’s anti-fraud office this month recommended Acciona be stripped of its €1 billion 50-year ATLL bulk water concession in Barcelona after investigators found evidence the concession-holder made allegedly irregular payments totalling €12.13 million to two of its subsidiaries.
- Italian water regulator AEEGSI introduced new tariffs for 2016-2019 on 1st January, which allow operators to choose one of six tariff schemes for their customers.
BASF is decoupling its Water Solutions division from the Oilfield and Mining Solutions business unit and merging it with Paper Chemicals with effect from 1st January 2016.
The Italian government has been working with the regulator to open up the sector to further consolidation, in an attempt to drive efficiency through economies of scale. The problem is that there are very few natural aggregators.
Jun 2011: Cost-recovery tariffs and private water voted down in referendum