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Pipeline builder, through nonprofit, seeks $885 million state loan

Pipeline builder, through nonprofit, seeks $885 million state loan

by admin | Mar 11, 2016 | News, Vista Ridge Pipeline

The company contracted to build a pipeline for the San Antonio Water System has applied for an $885 million low-interest state loan to finance the project. SAWS officials have often said in public meetings and interviews that financing for the 142-mile pipeline that...

Abengoa Vista Ridge announces that it will sell 80 percent of its share in the SAWS pipeline project

by admin | Feb 19, 2016 | Vista Ridge Pipeline

San Antonio Water System officials today released a list of firms interested in buying into the Vista Ridge pipeline project. Brookfield Global Infrastructure Advisor Ltd., John Laing Group PLC and the Blackstone Group have all submitted formal proposals to Abengoa...
Some City Council members want say on pipeline contract revision

Some City Council members want say on pipeline contract revision

by admin | Feb 15, 2016 | News, Vista Ridge Pipeline

The City Council is divided over whether the San Antonio Water System should allow the company planning to build a water pipeline from Burleson County to sell most of its stake in the project without council approval. District 8 Councilman Ron Nirenberg is leading a...

Expert: Vista Ridge/Abengoa generates plenty of intrigue

by admin | Feb 15, 2016 | Vista Ridge Pipeline

It started out, by most accounts, as a good business deal. “The return was estimated to be upwards of 12 percent over a 30-year period, so this was a pretty fantastic project,” said David Vequist, a professor of management at the University of the Incarnate Word...
San Antonio’s Vista Ridge Pipeline project partners face off in legal dispute

San Antonio’s Vista Ridge Pipeline project partners face off in legal dispute

by admin | Dec 23, 2015 | News, Vista Ridge Pipeline, Water Planning

In a move that could cause further turbulence for a proposed $3.4 billion San Antonio pipeline project, one groundwater company has sued another after it says it was cut out of money related to the deal. Brenham-based Metropolitan Water Company is suing Austin-based...

San Antonio City Council Approves New Water Rate Structure

by admin | Nov 23, 2015 | Groundwater Resources, News, Vista Ridge Pipeline

City Council has unanimously approved increased water rates and rate structure, a strong display of confidence in the water utility’s ongoing efforts to diversify the city’s water supply and to encourage greater water conservation. The recent vote follows two years of...
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