Goldman Sachs Reportedly Identifies 10 Water Companies It Sees As Acquisition Candidates
Submitted by EnergyTechStocks.com
Investment banker Goldman Sachs has identified 10 water companies it sees as “potential takeout candidates,” according to a report in Britain’s Telegraph newspaper that has so far escaped attention in the U.S.
Goldman’s forecast of a potentially large number of acquisitions in the water industry is part of the investment firm’s overall forecast that water could, as paraphrased by The Times of London, “prove an even bigger danger to the human race than depletion of energy supply and deficient food supplies.”
Of course, they’re all interrelated. Electricity experts are warning that a lack of water could force proposed new power plants to be cancelled, leaving the world dangerously short of electricity in 10 to 20 years.
According to The Times of London, a new Goldman report emphasizes to investors that demand for fresh water is doubling every 20 years. Water is being “exploited without restraint” because it is mispriced, according to the newspaper, an indication that Goldman expects the price of water to rise, maybe a lot, over the next several years.
The 10 companies that Goldman reportedly sees as potential acquisition candidates are: Badger Meter, Calgon Carbon, Clarcor, Pentair, Pall, Instituform, Hyflux, Tetra Tech, Acqua America and Watts Water. Goldman reportedly is advising that investors take small positions in a number of these firms, essentially creating a basket of small water companies.
