Latest Water News

Top Story

ICA adjusts reported losses, names new board members

Mexican construction giant ICA has announced an increase in reported losses of Ps5.9 billion ($345 million), compared to the preliminary full-year results reported on 30 March 2016

iCON complete Capstone Infrastucture acquisition

iCON Infrastructure, the UK fund manager, has completed the acquisition of Canadian power and water holding company Capstone Infrastructure for C$480 million ($381.9 million), Capstone announced on 29 April

IIC disburses Aegea Brailian real loan

The Inter-American Investment Corporation (IIC), acting on behalf of the Inter-American Development Bank (IDB) Group, has made the first disbursement of a R320 million (approximately $95 million) corporate loan to Aegea Saneamento e Participações

EXCLUSIVE Sacyr signs on Sohar IWP debt

Spanish construction firm Sacyr’s subsidiary Valoriza Agua has signed on the debt for the Sohar independent water producer (IWP) project in Oman, IJGlobal understands

OPWP begins procurement advisory tender

The Oman Power and Water Procurement Company (OPWP) is seeking proposals from single bidders or consortiums to advise it on the contracting of power and water projects in 2022 and beyond

DEWA extends desalination consultancy deadline

The Dubai Electricity and Water Authority (DEWA) has extended the deadline for consultancy bids for the desalination plant at Jebel Ali power station to 25 May 2016

Saudi Aramco picks IPO advisors

Saudi Aramco has selected JPMorgan Chase & Co and Michael Klein to advise on the company’s planned initial public offering (IPO)

Oman considers solar desalination

Oman’s Public Authority for Electricity and Water is considering whether to develop solar-powered desalination plants in the Musandam Governorate

EXCLUSIVE Egyptian desalination PPPs face cancellation

The future of Egypt’s El Tor, Safaga and El Alamein desalination PPPs is uncertain with two of the projects facing potential cancellation, IJGlobal can reveal

Kenya dam and treatment PPP EOIs sought

The World Bank has launched a request for expressions of interest (EOIs) in consultancy services for development of the Maragua 4 and Ndarugu 1 dams as well as their downstream works

Egypt, France sign energy and infra MOUs

The French Development Agency and French firms have signed €1.8 billion ($2 billion) worth of memorandums of understanding (MOU) which include development of energy and infrastructure projects in Egypt

EXCLUSIVE Egypt’s Central Bank to guarantee Abu Rawash dollar debt

Egypt’s Central Bank will guarantee $110 million in dollar funding for FCC Aqualia and Orascom’s Abu Rawash wastewater treatment project which should allow financing to move ahead

AIIB and World Bank sign co-financing agreement

The Beijing-led Asian Infrastructure Investment Bank (AIIB) and the World Bank have signed a co-financing framework agreement to jointly develop infrastructure investments this year.

Q1 2016 IJGlobal League Tables

IJGlobal has introduced new infrastructure finance league tables, which capture all transactions relating to energy and infrastructure projects

Ferrovial acquires Texas water construction business

Ferrovial Agroman, through subsidiary Webber, has acquired Pepper Lawson Construction in Texas. Pepper Lawson specialises in water infrastructure and construction

Advisers mandated for Thames Water sale

Macquarie has mandated advisers for a potential sale of its controlling share of UK water utility Thames Water, a source with knowledge of the matter has told IJGlobal

EXCLUSIVE Financing details emerge for Sacyr’s Sohar IWP in Oman

Spanish construction firm Sacyr’s subsidiary Valoriza Agua is close to signing debt for the Sohar independent water producer (IWP) project in Oman, and IJGlobal can exclusively reveal terms and details of the facilities

PAEW tenders for water distribution, Oman

Oman’s Public Authority for Electricity and Water (PAEW) has issued a tender for construction of a water transmission system from Sohar to the Ad Dhahirah governorate

FEWA tenders Umm Al Quwain IWP

The Emirates’ Federal Electricity and Water Authority (FEWA) has issued an invite for expressions of interest in developing a desalination plant in the Emirate of Umm Al Quwain

Suez buy Australia’s Perthwaste

Suez has signed an agreement to buy Perthwaste for A$87 million. Perthwast serves 760,000 residents as well as industrials in the metropolitan Perth area and is projected to generate sales of A$50 million in 2016.

OPWP issues Salalah IWP RfP

The Oman Power and Water Procurement Company (OPWP) has issued a request for proposals (RfP) for the Salalah independent water producer (IWP) to prequalified bidders

Japan signs overseas development loan with India

The Japanese government has signed a ¥242 billion ($2.16 billion) overseas development loan agreement with India to help fund several infrastructure projects.

IDB to fund Oman's Sohar water distribution

The Islamic Development Bank (IDB) has agreed to provide $350 million to fund a distribution network delivering potable water from the Sohar desalination plant in Oman