China Everbright Water (SGX:U9E, HKG:1857) signed a concession agreement for Phase 1 of the Anyang Municipal Water Treatment Center for an investment amount of approximately 663.0 million yuan, a filing with the Singapore Exchange said on Thursday.
The 30-year concession deal in Henan Province, China, will be financed, constructed, operated and maintained through a project company incorporated by a consortium in which Everbright has a 99% equity interest.
The project will have a daily wastewater treatment capacity of 100,000 cubic meters.
Hong Kong shares of the company gained 2% in afternoon trade.
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