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.


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