Australian state signs $2.3 bln desalination deal - source

SYDNEY, May 11 (Reuters) - Australia's New South Wales state
has signed a A$2.3 billion ($2.33 billion) deal with a
consortium of Hastings Funds Management and Ontario Teachers
Pension Plan for the long-term lease of a desalination plant in
Sydney, a source with direct knowledge of the deal said on
Friday.

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