China Everbright Water holds a 49% equity interest in the consortium, while Qingdao Environmental Energy holds the majority 51%.
A consortium including environmental company China Everbright Water (SGX:U9E
) (SGX:U9E) has secured an upgrading project for the Zhangcun River Wastewater Treatment Plant in Qingdao, China.
On March 13, the company announced that the consortium had signed a concession agreement for the first two phases of the upgrading project, which will have an investment of approximately RMB688 million ($131 million).
![[19/05/26] new top stories](/_next/image?url=https%3A%2F%2Fedgemarkets-transferred.s3-ap-southeast-1.amazonaws.com%2FPEO_KUNHEE_PARK_01_AC_2.jpg%3FTd3bG7fJqxPW3hMZRxhyfGgI25yRRD5v&w=640&q=75)
