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WATER ABLAZE - Patagonia Sin Represas

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a German court convicted two former executives of paying about €6<br />

million in bribes from 1999 to 2002 to help Siemens win natural gas<br />

turbine supply contracts with Enel, an Italian energy company. The<br />

contracts were valued at about €450 million. Siemens was fined €38<br />

million.<br />

w w w . s i e m e n s . c o m (German/English)<br />

Voith Siemens Hydro Power Generation<br />

The joint venture of Voith and Siemens, which was founded in April<br />

2000, will now be known as Voith Hydro. The corporation continues<br />

to be a full-line supplier for advanced hydroelectric equipment and<br />

technology, and the shares of both partners remain unchanged. More<br />

than 40,000 generators and turbines have been installed worldwide by<br />

Voith Siemens Hydro Power Generation/Voith Hydro. It is the largest<br />

supplier of such components for embankment projects worldwide.<br />

w w w . v o i t h h y d r o . c o m (German/English)<br />

Suez S.A. (France)<br />

Suez S.A. was a leading French-based multinational corporation, with<br />

operations primarily in water, electricity and natural gas supply, as<br />

well as waste management. Suez came into being as the result of a<br />

1997 merger between the Compagnie de Suez and Lyonnaise des Eaux,<br />

a leading French water company. In the early 2000s, Suez also owned<br />

some media and telecommunications assets, but has since divested<br />

these. According to the Masons Water Yearbook 2004/05, Suez served<br />

117∙4 million people around the world. Suez was (and continues to<br />

be – via GDF Suez) one of the world’s oldest continuously-existing<br />

multinational corporations. Prior to the GDF merger, Suez had<br />

experienced almost two centuries of reorganisation and corporate<br />

mergers. Its most recent name comes from the involvement of one<br />

of its several founding entities – the Compagnie universelle du canal<br />

maritime de Suez – in building the Suez Canal in the middle of the<br />

19th century.<br />

GDF SUEZ<br />

The company conducted a merger of equals with fellow utility company<br />

Gaz de France on July 22, 2008 to form GDF Suez. The water and waste<br />

assets of Suez were spun off into a separate publicly-traded company,<br />

Suez Environnement.<br />

273

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