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Article: EDISON HIVES OFF PART OF ITS WATER BUSINESS.
- Article from:
- Europe Environment
- Article date:
- December 4, 2003
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Italian energy group Edison, which is jointly owned by Fiat and Electricite de France, said it has hived off a large part of its water business, held through a joint venture company called International Water Holding. The joint venture company, which is 50-50 controlled by Edison and the US group Bechtel, has concluded an agreement to shed its shares in three water companies based in Eastern Europe to a joint undertaking established by British water firm United Utilities and the European Bank for Reconstruction and Development (EBRD). The East European ...