richard menezes

Utico meets SIAS and PUB on Hyflux deal
During the meeting, Utico offered part cash redemption and also a hope for full redemption with a plan and exit option
UAE's Utico reveals why it is interested in Singapore's Hyflux
In an interview with Utilities Middle East, Richard Menezes, managing director, Utico, said that the company is in the process of acquiring two internationally renowned utilities companies once the deal with Singapore's Hyflux is secured. He says that this fits into the company's ongoing expansion strategy.
Utico Offers Town Hall for Hyflux Investors
Utico, which recently unveiled a S$400 million binding offer White Knight investment to Hyflux, said that this bonafide endeavour of inviting retail investors for a town hall meeting was intended for a resolution to support the Hyflux deal
UAE’s Utico provides Singapore’s Hyflux a $292mn binding agreement
The agreement includes interim funding possibility as well as engagement with Public Utilities Board (PUB) and retail investors to strike out a win-win deal.
Utico to Open Muscat Office to Pursue Sustainable Utilities Development in Oman
The private utility will roll out a unique `On Demand’ utility model, which has huge contingent credit impact reduction worth billions of dollars for Oman
UAE utility Utico Secures $400mn Investment Deal
Deal makes the UAE’s leading private utility the first large water player to have four Sovereign investors as its shareholders

Most Popular