It has been an active week for water in India. With three new projects and Xylem’s entry into the country, India has its hands full. The country is spreading the love, though, and recently selected PricewaterhouseCoopers to prepare a report of the supply of water to industries in the state. Details on these stories and others can be found below:
M&A/ Partnerships
- The Lower Colorado River Authority has approved the sale of 18 Texas water and wastewater systems to Corix Infrastructure. Buyer and seller are in exclusive negotiations over a sale, which is valued at more than $300 million.
http://www.projectfinancemagazine.com/Article/2942207/LCRA-approves-sale-to-Corix.html - Dutch water firm Evides has signed a cooperation agreement with the Technical University of Delft (TUD) in the Netherlands, as well as the China-based National Engineering Center of Urban Water Resources of Harbin Institute of Technology (HIT) and the Provincial Academy of Environmental Science (PAES), to combine fundamental and applied research for developing advanced wastewater treatment technologies, reuse technologies and zero liquid technologies.
http://www.water-technology.net/news/newsevides-signs-water-cooperation-agreement-in-china - UK-based Hydro International has signed a strategic partnership agreement with Japanese firm Haneda Zenith Techno to expand its business in Japan. The agreement will allow Hydro International to introduce new sustainable, low-maintenance technologies for stormwater
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