Downer EDI Limited (ASX: DOW) has announced a joint venture (JV), Confluence Water, which consists of Broadspectrum, Downer and Jacobs, as one of the three consortia to deliver services under Sydney Water’s Partnering for Success program.
- The joint venture, Confluence Water, will deliver design, construction, maintenance and facilities management services in Sydney Water’s North region;
- It is also responsible for the maintenance, renewal and upgrade of existing assets in the region.
At AEST 12:43PM, the stock was trading at $8.290 per share, up by 0.729% from its previous close.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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