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Suez secures €400m Coimbatore distribution contract

Suez has won its first full-city water distribution service contract in India, serving 1.6 million people in Coimbatore. The 26-year contract encompasses the rehabilitation and operation of the entire water network, including billing, and is worth nearly €400 million.

Meanwhile, GWI understands that the group has secured another city-wide water distribution...

Fluence shares rebound on revenue growth predictions

Shares in ASX-listed water treatment solutions provider Fluence Corporation advanced to their highest levels since early December on the back of a robust trading update this week which revealed that revenues would virtually double in 2018.

The share price appreciation came as something of a relief for the company, which has seen its valuation slip steadily downwards...

AySA bond success belies addiction to govt transfers

The $2 billion of demand witnessed for the inaugural $500 million international bond from Agua y Saneamientos Argentinos (AySA) is crucial evidence that the Buenos Aires water utility has access to capital at a time when it is looking to engage international investors in a large-scale PPP programme.

Despite this, the B2 Moody’s rating assigned to the issue...

World Bank backs Baghdad infrastructure overhaul

The World Bank has committed $210 million to a project aimed at improving the water supply and sanitation services for around 5 million people in the Iraqi capital of Baghdad.

The Baghdad Water Supply and Sewerage Improvement project involves the construction of a new 135,000m3 reservoir fed by water from the Tigris river, the rehabilitation of 29 wastewater pumping...

The real numbers behind UK water renationalisation

The renationalisation of the water sector in England and Wales threatens to cost over £100 billion, according to a study published this week by the Centre for Policy Studies.

In a comprehensive assessment of the opposition Labour Party’s proposal to bring the UK’s utilities back into public ownership, the CPS pointed out that the current commercial...

World Bank calls for Cambodian private water boost

The World Bank has called for expressions of interest (EoIs) in a new contract to scope out the prospects for expanding private sector investment in Cambodia’s water sector.

The contract, for which EoIs are due in on 6th February, will run from 1st April to 30 August 2018, and involves the creation of an investment plan for at least two provinces, covering both...