Orange City Water has signed a Rs2.21 billion ($40 million) 14-year project financing with sole bookrunner and mandated lead arranger IDBI to back development of a PPP water supply project in Nagpur City.

Spanish construction firm FCC is forming a new holding company for its emerging markets water business.

Hastings Funds Management and Ontario Teachers’ Pension Plan have assembled a A$1.6 billion ($1.6 billion) club financing in support of their A$2.3 billion acquisition of Sydney Water’s Kurnell desalination