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Regulator says Thames Water has overestimated costs for super sewer

UK regulator Ofwat has notified Thames Water that it has overestimated its expenditure plans for delivering the Thames Tideway Tunnel (TTT), after finding a £331 millon ($556 million) excess compared with Ofwat's own efficient cost estimates

OEI to lead Alto Piura retender in November

The Organisation of Iberoamerican States (OEI) will lead the retendering of the Ns542 million ($192 million) Alto Piura irrigation and hydropower project in Peru’s northern region in November

28 firms purchase Monterrey VI Aqueduct tender docs

So far 28 companies have purchased documents to participate in the Ps15.437 billion ($1.2 billion) Monterrey VI Aqueduct PPP tender, according to Servicios de Agua y Drenaje de Monterrey (SADM)

Further bidders emerge for Thames Tideway Tunnel

IJGlobal can exclusively reveal several bidders said to have submitted expressions of interest (EOIs) to finance the £4.2 billion ($7.1 billion) Thames Tideway Tunnel

South Korean military invests in Hastings' TIF fund

South Korea’s military welfare fund has invested $43 million in Hastings Funds Management's The Infrastructure Fund (TIF) to become the Australian fund’s first offshore investor.

Five to submit delayed bids for Qurayyat IWP

Oman Power and Water Procurement Company (OPWP) has pushed back the deadline for bids on the Qurayyat independent water project from 5 August 2014 to 8 September

New Brunswick city issues RFQ for water treatment plant PPP

The City of Saint John in the Canadian province of New Brunswick is seeking a private sector partner to develop a new water treatment plant and storage reservoirs for the city under a PPP model

BRICS unveil New Development Bank (NDB)

The BRICS nations – Brazil, Russia, India, China and South Africa – have unveiled the New Development Bank (NDB) which will mobilise resources for infrastructure and sustainable development projects

Details emerge on Al Maryah district cooling acquisition

A joint venture between Tabreed and Mubadala Infrastructure Partners (MIP) has used 20-year senior debt and an equity bridge loan (EBL) to acquire the district cooling utility for Al Maryah Island, Abu Dhabi

OAS sole bidder for Alto Piura irrigation project

Brazilian construction firm OAS has emerged as the sole bidder in a tender held for the Ns542 million ($192m) Alto Piura irrigation and hydropower project in Peru’s northern region

EPCOR and Graham close on Regina wastewater PPP

The Saskatchewan city of Regina and project company EPCOR Water Prairies have reached financial close on the C$181 million ($169 million) Regina wastewater treatment plant PPP

Abengoa wins Texas water project contract

A consortium led by Spanish developer Abengoa has been awarded the contract to develop a new water project in the City of San Antonio in Texas

Abengoa wins Chile desal contract

AES Gener has selected Abengoa to develop its first desalination plant project in Chile’s Antofagasta region

Banco do Brasil and Votorantim launch infra debt fund

Banco do Brasil and BB Votorantim launched Brazil’s first debt fund exclusively dedicated to incentivised infrastructure debentures at the São Paulo stock exchange on Friday (13 June 2014)

Abengoa nears close on Morocco’s Agadir desalination

Spanish developer Abengoa is hoping to reach financial close on the €84 million ($114 million) Agadir desalination plant project in Morocco before the end of the year

Bidder emerges for Thames Tideway Tunnel

The identity of one of the consortia set to bid on the £4.2 billion ($7.1 billion) Thames Tideway Tunnel has emerged, IJGlobal can exclusively reveal