Latest news and project tracker updates from Europe

European Investment Bank looks to up-risk portfolio

Europe

Changing political tides are set to mean a new appetite for risk at the world’s biggest multilateral water lender, with new funding targets lined up at home, overseas, and in industrial and...

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Project Tracker: Europe

Latest news and project tracker updates from Europe

Project Tracker Database
(Subscription Requried)
PROJECT COUNTRY UPDATED STATUS TYPE
Letterkenny/... Ireland 19 Jun 17 A contract was... WTP
La Rioja WWT... Spain 12 Jun 17 A tender has b... Utility
Ibi and Vill... Spain 12 Jun 17 On 7th June 20... WWTP
Guardamar de... Spain 12 Jun 17 On 7th June 20... WWTP
Bétera WWTP,... Spain 12 Jun 17 On 6th June 20... Reuse

Thames Water’s profits leak away in mixed results season for UK water companies

The new chief executive of the UK’s largest private water provider has come under fire over missed leakage targets, which contributed to an 18.5% drop in operating profits last year. What can the company’s new investors do to protect...

Chinese bidder tees up big wastewater win in Belgrade

An unsolicited bid from a Chinese consortium has the potential to fast-track the construction of a centralised wastewater treatment plant in the Serbian capital. There are still opportunities to get involved in the infrastructure build-out.

Europe water in brief

The Estonian Supreme Court has agreed to open proceedings on water concessionaire Tallinna Vesi’s appeal in cassation regarding the tariff dispute between the company and the Estonian Competition Authority.

Pre-emptive takeover to net Affinity sellers 40% premium

A pre-emptive offer for a UK regulated water company could mark a new direction for the sector. With more money chasing fewer assets, are auctions a thing of the past?

David lloyd owen

Steppe-ing up to the plate

From the Aral ‘Sea’ to the steppes, the ‘Stans’ are to some degree synonymous with water scarcity and misused resources. Turkmenistan is no exception. Since 1993, all of its citizens have enjoyed a daily ration of 250 litres of water for free. Gurbanguly Berdymukhamedov, Turkmenistan’s president, has now attacked his country’s policies of subsidising water, electricity and gas. The country’s economy is underpinned by its natural gas reserves, but these are not great enough to make its domestic utilities operate viably. In 2014, he withdrew... Read more

Padlock GWI Briefing: Europe

HaloSource shares plunge as bankruptcy concerns grow

Shares in troubled AIM-listed water technology company HaloSource plunged by more than 50% earlier this...

Aqualia assets back oversubscribed FCC bond

Spain’s FCC Group has moved a step toward balancing its troubled finances with the launch yesterday...

HICL breathes life into UK water equity syndication

The listed infrastructure investment company HICL is in talks to sell a 3.4% stake in Affinity Water to a...

UK water results season gets off to a roaring start

The three listed UK water companies this week all reported marginal increases in their operating profits...

Global Water Market 2017: Published 31st March 2016

The latest edition of the Global Water Market is the most expansive yet.

Covering every angle of the global water sector, this report is the ultimate business development tool and is a must have resource for any water company looking to grow their business or bankers and consultants advising on deals in the water sector.

Canal Isabel II to sell off its Latin American wa...

A corruption scandal has forced the Madrid-based company to put its non-domestic holdings on the block. Ongoing investigations mean...

Inima emerges from revenue stagnation with dual-p...

The Spanish contractor has diversified its business model in order to meet the growth expectations of its Korean parent. It has yet...

Abengoa ready to return to growth in water

The Spanish company’s water subsidiary was on top of the world in 2015 when its parent company was overwhelmed by debt. After...

Europe water in brief

Suez has fixed the price of its €750 million capital increase at €15.80. Subscriptions for the deal close on 19 May, and...

A GLAAS half empty?

Investment in water assets cannot be carried out in the dark, says David Lloyd Owen – but where is the data?

Report highlights Andalucía’s sewage woes

Tight municipal budgets and rising non-compliance levels at wastewater treatment plants in southern Spain have created a vicious...

Spain targets corruption in the water sector

Parliamentarians have called for an independent audit of the procurement bodies embroiled in the corruption scandal that has rocked...

10% of English non-household customers expected t...

The initial flurry of customers who changed their retail water supplier under new UK competition rules is expected to be sustained...

UK water market’s affinity with ROFO clauses withers

Right-of-first-refusal clauses could be limiting interest in UK regulated water assets. The sale of Affinity Water is likely to be...

A catchment considered

David Lloyd Owen considers the hard numbers behind soft resources – and how authorities are starting to factor them in.

Europe water in brief

Two infrastructure support businesses once owned by regulated UK water utilities have been sold this month.

Suez sets itself up to lead the industrial water ...

The French company has struggled to achieve meaningful growth in the industrial water field. Buying GE Water will transform the...

Holistic thinking set to drive a new wave of wate...

An increasingly sophisticated client base is demanding more intelligent solutions to help build and maintain water infrastructure....

Credit uplift potential for water PPPs

A new risk mitigation mechanism pioneered by the EBRD at a Turkish hospital could be applied to other availability-based PPPs,...