how companies are helping our water: featuring david liu of kkr, jessica alba, and andres santo...
DESCRIPTION
This is an overview of what some companies are doing in order to help maintain clean water. It profiles how KKR, with David Liu invested in United Water. It also profiles Conservation International, whom Jessica Alba and Andres Santo Domingo are a part ofTRANSCRIPT
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How are Companies Helping Preserve Our
Water?Featuring KKR and United Water, and the Nature
Conservatory
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KKR & United WaterOn December 20 2012, KKR invested in United
Water, which is a water treatment plan in Bayonne, New Jersey. On January 8, they increased to $118.3 million their investment. United Water is a subsidiary of France’sSuez Environnement Co. (SEV).
KKR “is excited to have the opportunity to increase our investment in UEL,” David Liu, chief executive officer of KKR Greater China, said in the statement.
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How Will They Help?This joint venture will operate under a 40-year
agreement with the Bayonne Municipal Utilities Authority. So far, $150 million has been paid it has been agreed that another $157 million will be paid a some point during the 40-year contract. KKR will fund 90 percent of the venture.
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What United Water DoesDrinking water treatment
Wastewater treatment
United Water, and its parent company, Suez Environment, work together on research and development programs for water and wastewater treatment. They have a budget of $102 million.
They also partner with municipalities and industries so that they are able to meet everyone’s local needs.
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The Nature Conservatory
The Nature Conservatory, is another organization working for clean water. They work in habitats, deserts, forests, oceans and coasts, and just about everywhere else.
The Nature Conservatory is well known by many celebrities, like Jessica Alba and Andres Santo Domingo who have made large donations and attended or put on fundraisers.
This organization helps water by designing and implementing new strategies to keep water clean not just now, but for decades to come.
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How the Nature Conservatory Helps
The Nature Conservatory not only keeps our water clean, but works on many other tasks as well:
Conservation Action
Water
Climate Change
Coral Reefs
Migratory Birds
Land Conservation
People and Conservation
Smart Development