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WaterFleet secures growth capital for mobile boost

Mobile water treatment solutions provider WaterFleet LLC has secured investment from private equity house EagleTree Capital which will enable it to expand its fleet capacity and develop references in adjacent fields of activity.

WaterFleet CEO Alan Pyle told GWI that the Texas-based company has been growing its top line at a double-digit rate for the past two years as...

Carbonxt to join RWL Water on Aussie stock exchange

Carbonxt, a US technology firm focused on selling non-brominated activated carbon products for removing mercury from coal power plant effluent, closed the bookbuilding for its initial public offering on the Australian Stock Exchange today, ahead of listing on 20 December 2017.

The US EPA’s Mercury Air Toxic Standards regulations require all US coal-fired power...

INFRAMARK set to ramp up after corporate rebrand

US water services company Severn Trent – North America has been re-branded as INFRAMARK, following the deconsolidation from its listed UK parent back in June.

The group – headed by CEO Stephane Bouvier – has the most diverse portfolio of water and wastewater operating contracts among the top five contract operators in the sector, serving nearly 300...

Egypt lays out massive desal building aspirations

The minister responsible for Egypt’s water infrastructure has said the country plans to build 1 million m3/d of seawater desalination capacity over the next five years alone as the country looks to make coastal areas independent from the Nile water supply.

Housing minister Moustafa Madbouly said at least 16 plants would be built or upgraded over the period,...

Financing deal signed for groundbreaking Rwanda PPP

UAE-headquartered project developer Metito has secured one of sub-Saharan Africa’s largest ever water PPP deals, two-and-a-half years after the project was awarded.

Metito signed the deal to develop the 40,000m3/d Kigali Bulk Water Supply Project with the Water and Sanitation Corporation of Rwanda (WASAC) in April 2015, the first surface-water treatment PPP to be...

Sanepar shares dip on news of follow-on equity sale

Shares in Brazilian water concessionaire Sanepar underperformed the wider market on Wednesday after the company announced a follow-on equity offering which will enable the State of Paraná to further reduce its stake in the company.

The recent consolidation of Sanepar’s share capital into newly formed “units” (each of which represents one...