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13 November 2012

Hutchison Water to invest $25m into Israeli incubator

Tel-Aviv_170SQ1 Hutchison Water has won a tender to operate Israeli incubator Kinrot Venture, with plans to invest $25m into the business over the next eight years.

13 November 2012

SJF Ventures targets $75m for growth capital resource efficiency fundp

SJF Ventures, a US firm established in 1999, has raised almost $50m towards a $75m growth capital fund with a focus on resource efficiency and sustainability.

13 November 2012

African Development Bank gives $157m of loans for Moroccan water improvements

Popular tourist destination Marrakech, Morocco, has won $157m of loans from the Africa Development Bank (AfDB) to go towards the region’s water and sanitation improvements.

12 November 2012

Sumitomo-led consortium gets order for Oman desalination plant

Japan-based Sumitomo has won an order from state-owned Oman Power and Water Procurement for the construction of a desalination plant in Oman in conjunction with Malakoff Berhad of Malaysia and Spain’s Cadagua.

12 November 2012

Woongjin shares jump after court approval for sale of water-purifier unit

After winning court approval for the sale of a controlling stake in water purifier maker Woongjin Coway to a private equity firm, Woongjin Holdings’ share price has jumped to a four-week high in Seoul stock trading.

9 November 2012

Siemens seeks buyer for €1bn water unitp

Engineering giant Siemens is reportedly looking to sell off its €1bn water business.

9 November 2012

US water treatment start-up outlines debt needsp

A US-based water treatment start-up has raised an initial $50,000 towards a $1.4m debt capital raise.

6 November 2012

Industry Insight: Innovation stalled in water sectorp

Wendy Pabich, CEO of US consultancy Water Futures, has told NewNet that little innovation is taking place in the water sector due to its conservative nature, with few companies open to taking risks.

5 November 2012

Middle East proves key market for water innovatorsp

Demographic changes and the need to upgrade infrastructure are creating exciting opportunities for water innovators in the Middle East.

2 November 2012

Vietnam secures $200m loan for water system infrastructure upgrade

Vietnam has secured $200m of funding from the World Bank to improve its water system in a project that will benefit over 1.7 million people.

1 November 2012

Exclusive: NewNet learns details of Enpure demisep

Water1_170_170 NewNet has leant the tough financial climate and the late start of it sales process helped put half century-old UK water business Enpure into administration, although its solutions will live on through other companies that bought its assets.

31 October 2012

Funding opened for water recovery projects in South Australiap

Federal government funding totalling A$265m ($275m) for water recover projects in River Murray communities has been welcomed by South Australia’s premier.

31 October 2012

Bluewater Bio names commercial director

UK water management innovator Bluewater Bio has named Fergus Rooksby as commercial director.

29 October 2012

Ex-GE team to raise $75m for Liberation Capital’s green fundp

US private equity firm Liberation Capital plans to raise $75m towards its renewable energy fund, it has revealed, having been set up in 2010 by a number of General Electric’s senior management team.

25 October 2012

Suez Environnement maintains dividend despite profit drop

Suez Environnement maintained its full-year dividend despite seeing a four per cent drop in its nine-month profit.

24 October 2012

Veolia Environnement predicts North American growth for water unit

Veolia Environnement said it expects its North America water business unit to grow through advisory services to large municipal water utilities.

23 October 2012

Veolia, Suez merger denial leaves mark on share valuep

After denying a merger with Suez Environnement this Saturday, Veolia Water’s France-listed trading price has dropped as much as six per cent, the most in more than two months.

18 October 2012

Australia’s water fund opens to applicantsp

The Smart Water Fund, operated by Victorian state government in Australia, will provide A$1m ($1.04m) to innovators in the space to support urban development projects.

17 October 2012

Eco-fibre producer reveals details of debt financing needsp

cotton_170_170 A US-based producer of a sustainable fibre has passed the halfway point of a combined equity and warrant financing round in which it hopes to secure more than $780,000.

16 October 2012

US water company HaloSource raises $25m for operations boost

US-based water management company HaloSource has raised $25m to push forward its development and operational capability.

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