Exact(11)
Subsidiaries of Suez, a French utility group, eventually lost water contracts in Argentina and Bolivia after facing stormy political opposition to tariff increases.
It brokered everything from broadband Internet capacity to water contracts, matching buyers and sellers, much as some exchanges buy and sell stocks or commodities.
Opponents of water privatization contend that water systems should be run by citizen boards, rather than multinational firms or even state bureaucrats, and that water contracts negotiated behind closed doors exemplify the worst aspects of public-private partnerships.
Water contracts are becoming more sophisticated: southern California's cities routinely buy options to guarantee supply in dry years.Bigger steps in the same direction will be taken in the next few years.
Today Veolia has 16 water contracts and 12 waste-management contracts in China, which will bring in $300 million this year.
Syed also likes Noble for 2007 due to the companys free cash flow generation, deep water contracts and its ability to complete projects on time and within budget.
Similar(49)
The government panicked, the project was scrapped and the water contract was torn up.
The City Council is considering another short-term water contract for the plant, Mr. Gonzalez said.
New Orleans may privatize its water supply -- at $1 billion it would be the largest private water contract in American history.
She denies the accusations and has said she was working with Mr. Roy on a water contract in Mexico.
Vivendi, the French multinational, had its thirty-year water contract with the Argentine province of Tucumán terminated after two years because of alleged poor performance.
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