1283 articles in Asia
Three Chinese state-owned enterprises have joined a clutch of Australian private equity firms in the race to buy water treatment plant operator Trility. The need to secure approval from BOT clients – and rising protectionism in politics – could make for a long negotiation.
CGGC is looking for more brownfield and greenfield concession opportunities as it seeks to leverage its experience and financial strength to transform itself from an EPC giant into an international project developer.
The merger between Indian EPC contractor Earth Water Group and Norway’s Aqualyng looks to be off the cards. With an eye to an initial public offering in 2018 or 2019, Aqualyng is understood to be carrying out due diligence on an alternative merger option.
The Indian government is in the final stage of consultation on new standards for the quality of treated sewage, which it is widely believed will necessitate the upgrade of all existing wastewater treatment plants to tertiary treatment levels. Not all experts agree.
Two provincial Chinese water companies tried the same strategy this month, taking on Beijing Enterprises Water Group as a cornerstone investors and launching IPOs on the Hong Kong stock exchange. It did not seem to work.
Suez and New World Services’ long-term partner is looking to divest a $600 million stake in its water and waste platform, which it plans to grow across China and beyond.
Willy Yeo finds a ray of hope for Asian water companies in the third and final instalment of his analysis of Trump’s effect on the sector.
A draft of a Ganga Act, which would legislate on crimes against the river, was handed to the Indian Minister of Water Resources, River Development and Ganga Rejuvenation on 12 April.
The return of the Bandar Lampung and Pekanbaru water PPPs, which previously faltered at the tender stage, underscores the Indonesian government’s commitment to mobilise private finance for infrastructure. What lessons have been learned?
A Chinese-Mongolian consortium is set to be recommended as the winning developer of Ulaanbaatar’s new wastewater treatment BOT, despite its earlier dismissal over an incomplete bid. Reuse could yet be added to the scope of the contract.