Tag: Finance
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Biwater gets Barclays backing for Caribbean SWRO plant
A Caribbean water and wastewater project, including a 10,400 m³/d seawater desalination plant, has received financial backing worth US$ 43 million from Barclays, backed by a UK Export Finance Guarantee.
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Seven Seas hires ex-ContourGlobal VP as CFO
Florida-based Seven Seas Water Corporation announced on 17 December 2013 that Lee Muller has joined the company as senior vice president, chief financial officer (CFO) and a member of the executive committee.
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H2O Innovation completes Piedmont Pacific purchase
Canada’s H2O Innovation Inc announced on 5 December 2013 completion of the previously announced acquisition of all of the issued and outstanding common stock shares of Piedmont Pacific Corporation of Oakland, California, for a total consideration of approximately Can$ 4.0 million (US$ 3.8 million).
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H2O Innovation to buy Piedmont Pacific
Canada’s H2O Innovation Inc announced on 25 November 2013 the signing of an agreement to purchase all of the issued and outstanding common stock shares of Piedmont Pacific Corporation, the Oakland-based flexible pipe couplings manufacturer, for a total consideration of approximately Can$ 4.0 million (US$ 3.8 million).
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ADB backs US$ 240 million Chinese water-reuse loans
A US$ 240 million loan package was agreed in Beijing on 20 November 2013 to upgrade wastewater treatment plants in China to meet the grade 1A standard, which means the water can be reused for industry cooling and watering city gardens.
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Australian study looks at reuse scheme economics
A study has just been published in Australia on development of a holistic framework for rigorous assessment of the economics of non-potable recycled water schemes, including residential, industrial, municipal and agricultural schemes.
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US and UK funders combine for water research exchange
Research strategies, tools, and knowledge in the area of clean water are to be exchanged between researchers in the USA and the UK under a collaboration agreed between the National Science Foundation (NSF) in the US and the Engineering & Physical Sciences Research Council (EPSRC) in the UK.
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Refinancing ‘reduces costs’ for Melbourne desalination plant
Suez Environnement has drawn a line under its financial situation relative to the Victorian Desalination Plant in Melbourne, Australia, after operator Aquasure, 21% owned by Suez, concluded a refinancing agreement worth Aus$ 3.7 billion (US$ 3.55 billion).
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State funding for Canadian PRO energy research
A three-year Canadian research project on pressure-retarded osmosis for the production of electrical energy has received Can$ 299,911 (US$ 288,939) funding from the National Sciences & Engineering Research Council.
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Twin Victor Valley MBR plants get state funding
The twin membrane-bioreactor plants planned for the communities of Apple Valley and Hesperia on the edge of the Mojave desert east of Los Angeles, USA, have received US$ 1.5 million funding from the California Department of Water Resources.