Downer Announces Confluence JV to Deliver Services for Sydney Water

  • Dec 20, 2019 AEDT
  • Team Kalkine

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.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK