1890 articles in Europe

Audit commission questions Paris water bills Vol 1, Issue 11 (November 2000)

A REPORT by the Paris region’s audit commission (CRC) has suggested that water bills paid by the city’s residents could have been lower over the past ten years.

BP contract for Vivendi Vol 1, Issue 11 (November 2000)

BP FRANCE SUBSIDIARY, BP Lavéra has signed a 10-year agreement with Vivendi Water covering treatment of refinery effluent at its Etang de Berre site in the south of France.

Sofia closes Vol 1, Issue 11 (November 2000)

THE SOFIA WATER AND WASTEWATER CONCESSION achieved financial close last month, according to the project’s legal adviser CMS Cameron McKenna.

Enron throws Azurix a lifeline – for now Vol 1, Issue 11 (November 2000)

ENRON IS TO FUND A DEAL to take its beleagured water subsidiary Azurix private at a buyout price of $7 per share.

Scandinavian funds for Kaliningrad Vol 1, Issue 11 (November 2000)

Government money for improved water and wastewater facilities.

Vivendi Water opens Berlin research centre Vol 1, Issue 11 (November 2000)

VIVENDI WATER has formally launched a new water research centre, Zentrum für Wasserkompetenz, a joint venture set up with the Berliner Wasser Betriebe (BWB), three Berlin universities, the state of Berlin and various consulting and engineering companies.

Thames Water sold in €11.3 billion deal Vol 1, Issue 10 (October 2000)

German multi-utility RWE has acquired Thames Water in an €11.3 billion deal to achieve its target of becoming one of Europe’s three top water companies. Thames will keep its name and operate within the RWE group as Thames Water, a division of RWE. The company will be based in London and headed by Bill Alexander, current chief executive of Thames Water. RWE sees the acquisition of Thames as an important springboard for entry into the US water services market.

A word from the Editor… Vol 1, Issue 10 (October 2000)

The takeover of Thames Water takes centre stage this month.

Water companies score high in risk rating study Vol 1, Issue 10 (October 2000)

The Turnbull Code on Internal Control is set to become a mandatory London Stock Exchange listing requirement later this year. All listed companies – including water utilities – will be required to establish mechanisms to meet the necessary risk management obligations. With this in mind, Andreas King of SERM provides GWI with a preview of water companies’ environmental risk ratings.

Tallinn bidders expected to pay over the odds Vol 1, Issue 10 (October 2000)

Shares in Tallinn Water are expected to sell at a premium slightly above the 580 million kroon ($35 million) minimum price. Evaluation of bids will be based on a purchase and subscription price and projected changes in the price of services.