One of the private owners involved in the operation of the Mundaring Water Treatment Plant has been sold four years into a 35-year agreement.
The previous government entered into the Public Private Partnership with Helena Water in July 2011 for the design, construction, finance and operation, and maintenance of the Mundaring Water Treatment Plant.
The $300 million Mundaring Water Treatment Plant treats water prior to it being pumped up the Goldfields Pipeline to 100,000 people in the Perth Hills, Kalgoorlie and the agricultural region.
Beijing Enterprises Water Group International Pty Ltd has this week bought out TRILITY Australia Investments Pty Ltd’s 25.05 per cent share in Helena Water.
Helena Water is also part-owned by Spain’s ACCIONA Agua and Aberdeen Asset Management of the UK.
The transaction has been approved by the Foreign Investment Review Board.
Image: Mundaring Weir. Credit: stevenmcg – Flickr