Spain’s Inima seeks three more Brazilian concessions

SPAIN’S INIMA is seeking to gain three more, as yet unnamed, city water service concessions in São Paulo state.

Inima, a subsidiary of the OHL construction group, already has an 80% stake in Ambient, the operator of the Ribeirão Prêto water concession.

Ambient was originally formed in 1995 as a partnership between CH2M Hill and Brazil’s Rek Engenharia. Inima replaced CH2M Hill in 1999 when the US company pulled out after it was refused a R$35 million (US$18 million) credit line from...

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