Tag: Finance
-
Chinese membrane wastewater firm gets big investment
Global investor KKR has entered into an agreement with United Envirotech Limited (UEL), a water treatment and recycling company in China, for a US$ 40 million common equity investment. KKR subscribed US$ 113.8 million convertible bonds issued by UEL in October 2011 to support the company’s business expansion.
-
Hyflux looking for Tuaspring desalination finance
Singapore desalination provider Hyflux Ltd announced on 11 January 2013 that it was starting financing discussions for the Sing$ 1.05 billion (US$ 855 million) Tuaspring Desalination Plant in Singapore.
-
Hitachi signs Indian desalination water purchase accord
Japan’s Hitachi announced on 13 January 2013 that its consortium with Hyflux of Singapore had concluded a water purchase agreement with Dahej SEZ Ltd (DSL), the management company of the Dahej Special Economic Zone (SEZ) in Gujarat, India, for water from its proposed desalination plant in the SEZ.
-
Agencies and companies contribute to DPR project
Over one-third of the US$ 6 million required to conduct necessary research on direct potable reuse (DPR) of wastewater in California has been raised, according to the WateReuse Research Foundation’s December newsletter.
-
Carlsbad desalination construction gets going at last
Poseidon Resources announced on 27 December 2012 that it had secured all necessary funding for the Carlsbad Desalination Project and that its engineering, procurement and construction contractor, Kiewit Shea Desalination, had been given the green light to start construction.
-
EU to support saline-aquifer desalination in Djibouti
A 22,500 m³/d brackish-water desalination plant, expandable to double that size and powered by renewable energy, is to be built in the East African state of Djibouti with support from the European Union (EU).
-
Bond sale saves 10 cents on Carlsbad water price
The San Diego County Water Authority (SDCWA) announced on 14 December 2012 that bonds for the 189,000 m³/d Carlsbad Desalination Plant had been sold at a cheaper rate than had been anticipated.
-
Singapore offers grants for water-treatment SMEs
An inaugural grant call was launched on 17 December 2012 by SPRING Singapore (SPRING) and PUB, Singapore’s National Water Agency, through the Environment & Water Industry Programme Office (EWI), for Singapore enterprises to develop innovative water treatment technologies.
-
Danes launch biomimetic separation/sensing platform
A DKK 45 million (US$ 8 million) development platform has been launched in Denmark to explore and demonstrate the potential of industrial-scale biomimetic separation and sensor applications.
-
Reclamation seeks desalination research funding proposals
Four or five laboratory studies and one or two pilot projects on desalination and water purification are to be given funds by the US government in the Bureau of Reclamation’s new Desalination & Water Purification Research Program.