Owners of Carlsbad Desal Plant scope out a potential sale

Carlsbad Desalination Plant is likely poised for a sale since its owners hired advisors to support the process, reports Bloomberg.

The Claude

The Claude "Bud" Lewis Carlsbad Desalination Plant, named after Carlsbad's former mayor, opened in 2015

The plant is owned by Orion Water Partners, a joint venture of Poseidon Water and Stonepeak Infrastructure Partners.

The reported potential price tag, including debt, was pegged at more than $1 billion by Bloomberg.

The owners have a 30-year agreement with San Diego County Water.

Interview: Poseidon Water chief executive Carlos Riva (March 2017)


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