Water Company Suez Picks Up 310 Million Euros of Asia Contracts

Suez Environnement (SEV), the second-largest water company in Europe, said it won contracts in Hong Kong that include transferring dewatered sludge by boat for treatment and the renewal of a waste collection agreement in Macau valued at 310 million euros ($407 million).

The Paris-based utility said today in a statement that its Sita subsidiary as part of a 10-year contract for the North Lantau Transfer Station will be managing waste for the largest of Hong Kong’s islands, including Hong Kong International Airport and Disneyland park.

To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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