Tag: Finance
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Mott MacDonald appointed as Al Dur adviser
Bahrain’s Ministry of Finance has appointed Mott MacDonald as technical adviser to the Electricity & Water Authority in Bahrain for the multi-million dollar Al Dur Independent Water & Power Project.
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Hyflux predicts record profits for 2008-9
Singapore-based membrane-maker Hyflux may post record profits this year and next, according to an interview with Bloomberg.com on 11 December 2008.
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Befesa ties up Tenes project finance
Madrid-based contractor Befesa, through its subsidiary Befesa Agua, announced on 1 December 2008 closure of the US$ 185 million financing for the design, construction, funding and 25-year operation of the Tenes seawater desalination plant in Algeria.
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Australian government to fund desalination projects
Guidelines for the Australian government’s plan to fund large-scale infrastructure projects, including desalination, to help cities and towns meet future demand for water were published on 7 December 2008 by the Treasurer, Wayne Swan, and the Minister for Climate Change & Water, Senator Penny Wong.
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SWCC hires privatization advisors
Seven letters of intent have been signed by the governor of Saudi Arabia’s Saline Water Conversion Corporation (SWCC), Fehied F Al Shareef, to hire international and local advisors for the state desalination company’s Privatization & Restructuring Implementation Program.
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Australia’s first reused water network for industry goes to Veolia
The first private scheme for recycled water to a network of multiple industrial users in Australia is to be provided for Sydney Water Corporation by Veolia Water, together with AquaNet Sydney Pty Ltd (part of the Jemena Ltd group).