Waternunc.com, the network for the water business
Home
Services
Here, Web is good for your business Waternunc.com, advertising.
Picture Picture Picture Picture Picture Picture

Press releases, Paris, France, 24/07/2000
water, Suez Lyonnaise des eauxEMOS takes control of Aguas Cordillera Chilean Anti-Monopoly Commission confirms the acquistion

 

The Chilean Anti-Monopoly commission recently confirmed the acquisition of water utility Aguas Cordillera, by EMOS -Empresa Metropolitana de Obras Sanitarias-, Chile's largest water company.

Formed last year by Suez Lyonnaise des Eaux and its Spanish business partner, Agbar, EMOS owns, operates and manages the water and waste water systems of Santiago, supplying water to 5 million inhabitants.

The acquisition, estimated at 185 million USD, includes the water and waste water facilities of Aguas Cordillera and its subsidiary EAP Los Dominicos.

Aguas Cordillera supplies water and waste water services to over 315,000 inhabitants in a residential area in the outskirts of Santiago, located to the North East of the city. This contract considerably reinforces EMOS's role in supplying water to Chile's capital and its surrounding areas. Furthermore, important synergies will be created by this extension into the suburbs of Sanitiago significantly improving water services to residents.

Lyonnaise des Eaux has been present in South America since the early 1990s in Buenos Aires, Cordoba and Santa Fe (Argentina), La Paz and El Alto (Bolivia), Limeira and Manaus (Brazil), et Bogota (Columbia). Lyonnaise des Eaux currently supplies drinking water to over 22 million inhabitants and waste water services to over 16 million inhabitants in this region.

Lyonnaise des Eaux is a subsidiary of the water division of Suez Lyonnaise des Eaux and leader in water management services supplying over 96 million people with drinking water and 64 million with wastewater services throughout the world. The company is present in major cities such as Buenos Aires, Atlanta, Manaus, Manila, Casablanca and Sydney.

Suez Lyonnaise des Eaux, a world leader in private infrastructure services is also present in South America through its energy and waste activities. Tractebel, the group's energy branch is currently the second largest electricity producer in Chile and produces more than 2 500 MW.
rect rect rect rect rect rect rect rect rect
©Waternunc.com 2000