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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...

Ofwat slaps down UK companies over data handling

National regulator Ofwat has instructed four UK water companies – Thames, Southern, Dee Valley, and Bristol – to submit detailed plans before the end of January on ways to improve the quality of their data.

The industry regulator said it had concluded that there could be no certainty at present that information from the quartet was either complete or...

Kelda starts non-reg divestment with plant sell-off

Kelda has raised almost £110m (including transfer of debt) from the sale of four water-treatment plants in Northern Ireland that were owned and operated by its Kelda Water Services subsidiary.

The sale of the plants to Northern Ireland Water is part of the company’s plan to offload all the KWS non-regulated activities, and further announcements are expected...

Spanish region plans privately funded WWTP rollout

The regional government of Castilla-La Mancha is to launch a €568 million programme next year aimed at building more than 500 new WWTPs using private sector finance.

The tender, which will be divided into ten lots, is due to be published next summer by the regional water agency and has received the approval of the Spanish finance ministry in Madrid. All the plants...

Fluence solidifies China presence in multi-WWTP deal

Decentralised water treatment specialist Fluence has stepped up its presence in China’s growing rural wastewater market with its second order this month – and its largest in the country to date.

The ASX-listed company announced today that it will deliver six containerised C-MABR wastewater treatment plants to Guizhou Province as part of a PPP contract...