http://online.wsj.com/article/SB10001424053111903520204576481122929766668.html?mod=WSJ_hp_LEFTWhatsNewsCollection&mg=com-wsj
I am a telecommunications engineer, businessman, and restructuring/turnaround expert. I am not known to be an environmental professional. However, I do know a good business opportunity when I see one.
I have been involved in Green businesses but that was before it was popular and financing and getting investment dollars was impossible to get.
It does not matter what technology KKR is supporting. At this time and stage in China, any business that can show it can improve water quality or clean up waste will do well. This is how bad the water and waste situation is in China.
Water and waste treatment is a growth business in China and will be in the USA one day. KKR's investment is SMART.