Mexico Fits Hyflux Greenfield Water Strategy
On 25 June 2014, Singapore-based Hyflux Ltd and Mexico’s Banco Interacciones, a subsidiary of Grupo Financiero Interacciones, signed a memorandum of understanding (MoU) to jointly develop water and wastewater projects in Mexico. The exclusive agreement is focused on early stage and greenfield water projects.
Hyflux will provide technology solutions and Banco Interacciones will leverage its local network to introduce potential projects, investment opportunities and business partners to Hyflux. Banco Interacciones will also provide equity and debt financing and coordinate institutional and government relations.
- Pure-play Hyflux looks for boost in new markets.
- Mexico outlines projects to fill municipal water infrastructure gap.
- Hyflux joins entrenched water group.