Finance, Morocco


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UNEP report informs financiers about power-water relationship

The opportunities available to financial institutions to encourage the adoption of best practices, which may include the introduction of eco-friendly technologies, such as membrane technology to recycle wastewater, are stressed in a report just published by the UN Environment Programme's Finance Initiative (ENEP FI).

IFC to support large Moroccan desalination project

The International Finance Corporation (IFC), part of the World Bank, signed an agreement on 4 May 2010 with the government of Morocco to support private investment in a new desalination and irrigation plant that will help improve the water supply to a vital agricultural region.

Mott Macdonald to advise lender in Moroccan dealination project

Banque Marocaine du Commerce Extérieur has appointed consultant, Mott Macdonald, as technical advisor in support of the bank's role as financer for a MAD 937 million (US$ 94.6 million) desalination project in Morocco.

Abengoa wins contract for Morocco desalination plant

Morocco's National Power and Drinking Water Office (ONEE) has contracted Spanish desalination company, Abengoa, to construct a 100,000 m³/d plant, some 45 km from the city of Agadir.

Morocco's first solar-powered desalination starts up

Morocco's first solar-powered desalination plant has started operations near Marrakech.

Energy Recovery announces deal duo

Industrial fluid pressure technology company, Energy Recovery, has announced its second US$ 1.8 million deal in recent weeks at sites in the Middle East and North Africa region. The latest win to supply its PX Pressure Exchanger system was for a 68 Ml/d desalination plant at an undisclosed site in the Middle East. It closed an earlier, similar deal in Morocco.

Morocco seeks private investors for US$ 27 billion water plan

Morocco's water minster, Charafat Afilal, has unveiled plans to let private capital take the lead in developing desalination and irrigation projects as part of a US$ 27 billion programme to ease the burden on the country's water resources.

Biwater wins reuse treatment plant contract in Morocco

UK contractor Biwater has been awarded a turnkey project to design and construct a new wastewater treatment plant in the city of Aourir, a tourist destination close to Agadir on Morocco's Atlantic coast.



Abengoa to build SWRO plant in Agadir, Morocco

Spanish contractor Abengoa has been chosen by Morocco's Office National de l'Electricité et de l'Eau Potable (ONEE) to construct a new desalination plant in Agadir, Morocco.

IDA releases program details for Morocco conference

The International Desalination Association released details on 19 January 2012 of the Program Highlights of the Desalination and Sustainability conference which will take place on 1-2 March 2012 in Casablanca, Morocco.

IDA on road to Morocco in March 2012

The International Desalination Association (IDA) has announced the first event of its kind in the North Africa region, a conference on desalination and sustainability in partnership with the Societé Marocaine des Membranes et de Dessalement (SMMD).

Cadagua to get 75,800 m³/d Moroccan desalination plant

Spain's Cadagua has been given a letter of intent for award of a 75,800 m³/d desalination plant in the Jorf Lasfar industrial complex in Morocco, 100km south of Casablanca.

Desalination part of new Algeria-Morocco cooperation

A meeting on issues related to water management and purification and seawater desalination is to be held in Algiers on 18 April 2011 between officials from the relevant ministries in Algeria and Morocco.

World Bank to help energy/water development link

The World Bank is to help developing countries to better plan and scale-up their energy demand in tandem with water resource management.

Work on Carlsbad should start early in 2013

Work on the 189,000 m³/d Carlsbad seawater reverse-osmosis desalination plant is expected to start early in 2013, following approval by the board of the San Diego County Water Authority (SDCWA) on 29 November 2012 of the water-purchase agreement between SDCWA and Poseidon Resources, developers of the desalination plant.

Almogordo mobile desalination project in train

A mobile desalination facility to treat 4,000 acre-ft per year (af/y) (4.9 million m³/y) near Almogordo, New Mexico, moved closer to realisation when the City Commission approved an approach for a US$ 2.7 million loan/grant from the New Mexico Finance Authority on 1 November 2012.

Loans for Texas town proposing direct potable reuse

The Texas Water Development Board (TWDB) on 20 September 2012 approved loans totalling US$ 12 million to the City of Brownwood from the Texas Water Development Fund to finance wastewater system improvements, including possible direct potable wastewater reuse (DPR).

Carlsbad desalination agreement to be published soon

A proposed purchase agreement for water from the Carlsbad Desalination Plant will be released to the public later in August, the San Diego County Water Authority (SDCWA) announced after a special meeting of the board on 9 August 2012.

Sydney Desalination Plant

Sydney desalination plant may not restart for 3 years

Sydney's 250,000 m³/d desalination plant is to be switched off on 1 July 2012 and may not be restarted for three years.

SDCWA considered Carlsbad desalination size reduction

Some of the thinking of the San Diego County Water Authority (SDCWA) about the ongoing negotiations over the purchase of water from the Carlsbad desalination plant were revealed at a special board of directors meeting on 14 June 2012.

Desalination / reuse part of large EIB loan to Spain

Desalination plants, water-reuse schemes and connections from them to water networks will be among schemes funded by a € 350 million loan from the European Investment Bank (EIB) to the Spanish government agency Acuamed.

Financial meetings held over Gaza desalination project

The Union for the Mediterranean (UfM) announced on 18 January 2012 that a delegation headed by deputy secretary general Rafiq Husseini visited Kuwait and Saudi Arabia during the previous week to present the Gaza water desalination project to financing institutions.

Ashdod desalination financing agreement signed

A financing agreement Tuesday to build and operate the Ashdod desalination plant in Israel for 25 years was signed on 13 December 2011 by a subsidiary of state-owned national water company Mekorot.

Djibouti 'planning desalination plant with EU aid'

The government of Djibouti in east Africa is planning to build a 45,000 m³/d desalination plant with European Union (EU) finance, according to a report in Gulf News on 4 December 2011.

Lessees sought for Sydney desalination plant

The government of the Australian state of New South Wales (NSW) has called for registrations of interest (ROIs) for the long-term lease of Sydney's three-year-old 250,000 m³/d desalination plant.

GES takes control of Palmachim desalination plant

Global Environmental Solutions Ltd (GES) will take control of Israel's Palmachim seawater desalination plant after its acquisition of the 28% stake in the plant's facility company, Via Maris, previously held by Tahal Group International BV.

Palmachim only Israeli desalination plant to agree extension

Only one of the three existing large desalination plants in Israel asked to submit proposals to the government for increasing their output has come up with an offer.

CalAm seeks resolution of Monterey desalination finances

California American Water (CAW) has invoked a disputes procedure in continuing wrangles with its partners in the proposed Monterey Regional Desalination Project.

Ashdod desalination agreement finally signed

The agreement was finally signed in Israel on 8 August 2011 to establish Israel's fifth large seawater desalination plant at Ashdod through Mekorot Development & Enterprise, a spinoff of the national water agency.

Ashdod desalination plant gets financial approval

Israel's Ministerial Tender Committee for Desalination, under the Finance Ministry, announced on 7 July 2011 that it had accepted the proposal from national water company Mekorot to build the seawater desalination plant in Ashdod.

Groundbreaking follows Singapore II desalination finance deal

A day after Hyflux Ltd announced that it had secured financing for the second Singapore seawater desalination plant, a groundbreaking ceremony took place on 5 July 2011 at the International Water Week linked by video to the site.

Agreement at last on Ashdod water price

Israel's national water company, Mekorot, is reported to have won its battle against the Ministry of Finance over the price of water from the upcoming Ashdod desalination plant.

Bahamas desalination plant production to be expanded

Consolidated Water Co Ltd announced on 1 February 2011 that it has entered into a binding letter agreement with its customer, the Water & Sewerage Corporation (WSC), to increase the daily production capacity of its Blue Hill plant in Nassau, Bahamas, by approximately 67% to 12 million GPD (45,000 m³/d) compared with the plant's current capacity of 7.2 million GPD (27,000 m³/d).

Moody's rates water district high positive on back of Huntingdon proposal

Credit rating agency, Moody's Investors Service, has given a positive credit appraisal to the Orange County Water District's (OCDW's) approval of a non-binding arrangement to buy 70,000 Ml of water from Poseidon Water's proposed Huntington Beach desalination plant in California.

Barclays backs US$ 43 million Biwater British Virgin Islands project

Barclays Corporate and Investment Banking has awarded a two-tranche, US$43 million finance facility to Biwater to fund the construction of a seawater desalination, water storage and wastewater plant on Tortola - the largest and most populated of the British Virgin Islands.

Netanyahu steps into Ashdod desalination argument

Prime minister Binyamin Netanyahu has ordered Israel's national water authority, Mekorot, the Finance Ministry and the Infrastructure Ministry to submit proposals for a cost-effective desalination plant in Ashdod within 30 days, according to Israel National News (Arutz Sheva).

Russia sets up water treatment membrane development project

The Russian Corporation of Nanotechnologies (Rusnano) is to finance a project for producing nanostructured membranes and separation modules for water treatment in various industries.

US Ex-Im Bank claims first ECA carbon policy

The US Export-Import Bank is claiming to be the first export credit agency (ECA) to adopt a comprehensive carbon policy after announcing on 3 November 2009 a new policy to guide its support of US exports in light of climate change concerns.

Poseidon disputes FWW Carlsbad finance figures

Poseidon Resources described as "erroneous information" figures in a press release issued on 30 October 2009 by consumer group Food & Water Watch (FWW) related to finance for the Carlsbad desalination project.

Bank Hapoalim heads Ashdod desalination financing

Bank Hapoalim is to head a syndicate that will provide NIS 1.5 billion (US$ 395 million) for the Ashdod desalination plant for Mekorot National Water Company subsidiary Mekorot Development and Initiations Ltd.

Finance secured for Palmachim desalination expansion

Financing for the expansion of Israel's Palmachim desalination plant from its current capacity of 30 million m³/year up to 45 million m³/y and ultimately even to 100 million m³/y was closed on 16 August 2009 by the Derech Yam Company.

US$ 2.9 billion Melbourne desalination contract goes to Degremont group

The Suez/Degremont-led consortium Aquasure has been awarded the contract to build the 150 million m³/year seawater desalination plant for Melbourne, Australia.

Al Dur desalination financing tied up

Gulf Investment Corporation (GIC) and GDF Suez announced on 26 July 2009 completion of the limited recourse financing of the US$ 2.1 billion Al-Dur Independent Water & Power Producer (IWPP) project , which includes a 218,000 m³/d seawater reverse-osmosis desalination plant as well as a 1,240 MW combined-cycle gas-turbine power plant.

Befesa closes Quindao desalination finance

Spanish contractor Befesa announced on 23 July 2009 that its subsidiary Befesa Water has closed financing for the design, construction and operation over 25 years of a 100,000 m³/d seawater desalination plant in Qingdao, China.

US export finance boost for water and energy projects

US exports for renewable-energy, water and nuclear-power projects approved after 1 July 2009 are eligible for a maximum repayment term of up to 18 years under export financing provided by the Export-Import Bank of the United States (Ex-Im Bank).

The Hadera plant illustrated in front of its associated power station.

Hadera desalination extension finance fixed

Financing worth US$ 80 million has been agreed for the 74,000 m³/d expansion of the Hadera reverse-osmosis desalination plant in Israel, IDE Technologies announced on 3 July 2009.

Barclays to assist with Carlsbad desalination financing

Poseidon Resources announced on 17 June 2009 that it has selected Barclays Capital as its financial advisor in connection with the financing of its 50 MGD (189,000 m³/d) reverse-osmosis seawater desalination plant in Carlsbad, California.

Befesa ties up Tenes project finance

Madrid-based contractor Befesa, through its subsidiary Befesa Agua, announced on 1 December 2008 closure of the US$ 185 million financing for the design, construction, funding and 25-year operation of the Tenes seawater desalination plant in Algeria.

California board offers low-interest water‑reuse finance

California's Water Resources Control Board (WRCB) has approved new low-interest financing terms for water-recycling projects that can be completed within three years of governor Jerry Brown's drought declaration on 17 January 2014.

RWL-led Mexico seawater desalination project starts construction

A consortium of RWL Water Group and Mexico's, Libra Ingenieros Civiles and RJ Ingenieria has begun construction of 22,000 m3/d reverse osmosis (RO) seawater desalination plant in Mexico's Baja California.

Biwater gets Barclays backing for Caribbean SWRO plant

A Caribbean water and wastewater project, including a 10,400 m³/d seawater desalination plant, has received financial backing worth US$ 43 million from Barclays, backed by a UK Export Finance Guarantee.

Lee Muller

Seven Seas hires ex-ContourGlobal VP as CFO

Florida-based Seven Seas Water Corporation announced on 17 December 2013 that Lee Muller has joined the company as senior vice president, chief financial officer (CFO) and a member of the executive committee.

Malakoff ties up Al Ghubrah desalination finance

Malakoff Corporation Berhad announced on 26 July 2013 that it had signed the financing agreements of the 42 MIGD (191,000 m³/d) Al Ghubrah independent desalination project in Oman.

Billiton clears finance for 216,000 m³/d Chile desalination

An investment of US$ 1,972 million was approved by mining giant BHP Billiton on 25 July 2013 for its 216,000 m³/d seawater desalination plant in Escondida, Chile.

Arizona RO plant opens solar-energy system

A 459 kW photovoltaic (PV) solar power system has been completed at the Reverse Osmosis Water Treatment Facility for the Town of Gila Bend, Arizona, by Solon Corporation, the company announced on 13 February 2013.

Qingdao desalination plant starts commercial operation

Spanish company Abengoa has begun commercial operations at the 100,000 m³/d desalination plant in Qingdao in Shandong province, the second largest commercial port in northern China.

Hyflux looking for Tuaspring desalination finance

Singapore desalination provider Hyflux Ltd announced on 11 January 2013 that it was starting financing discussions for the Sing$ 1.05 billion (US$ 855 million) Tuaspring Desalination Plant in Singapore.

By 2050, the world will require 50 per cent more food production

IDA joins with UN's FAO to address water scarcity in agriculture

The International Desalination Association (IDA) is to partner with the Food and Agriculture Organisation (FAO) of the United Nations (UN), and its Water Scarcity in Agriculture (WASAG) initiative.

Energy Recovery bags US$ 1.8 million Morocco deal

Pressure energy technology firm, Energy Recovery, has won a US$ 1.8 million deal to supply its PX pressure exchanger technology for a desalination plant in Morocco.

The stories that dominated Water. desal + reuse's headlines in 2017

Water. desal + reuse: Top 20 stories for 2017

Water. desal + reuse presents the stories that caught the industry's collective interest in 2017.

The municipal and industrial sectors both grew desalinated water capacity during the year to 30 June 2017

Global desalination market generates 4.4 per cent annual growth

The global desalination market added 4.2 million m3/d in contracted capacity globally during the year to 30 June 2017.

The new desalination plant will supply the city of Casablanca, Morocco

Morocco to build a desalination plant in Casablanca-Settat

Morocco is finalising a feasibility study and financial and institutional structures for a new seawater desalination plant project, reports L'Economiste.

Cadagua orders ERI PX-Q300s for Morocco project

Spanish desalination contractor Cadagua has ordered PX‑Q300 pressure‑exchangers from Energy Recovery Inc (ERI) for the first phase of the Jorf Lasfar seawater desalination plant in Morocco.

Michael Morillon

Morillon to direct MEDRC training

Michel Morillon, former CEO and CTO of the 80,000 m³/d Sur seawater reverse osmosis desalination plant project in Oman, has joined the Middle East Desalination Research Center (MEDRC) as director of training.

Agadir city, on Morocco's southern Atlantic coast, is well known for its tourism and golf courses

Abengoa's project in Agadir, Morocco, expands in size and scope

Abengoa is to expand capacity of a desalination plant project in development, and to construct additional capacity for irrigation purposes, in Agadir, Morocco.

'We have been more than 70 years working in the EPC market', Pedro Almagro, Abengoa Agua CEO

Interview: Pedro Almagro, CEO, Abengoa Agua

As comebacks go, Abengoa's has been pretty impressive. The company that has been through a traumatic one-and-a-half years, in April 2017 wowed the industry with a massive €240 million contract win from Saudi Arabia's ACWA Power.

Australians win Cape Verde desalination agreement

A letter of intent involving a desalination plant with an initial capacity of 4,000 m³/d has been given to Water Resources Group (WRG) of Perth, Australia, from the Municipality of Santa Caterina in Cape Verde.

Qatar and Sweden will hold technical workshops on a project to fuel desalination entirely by solar and wind power

Qatar and Sweden plot renewables-fuelled desalination project

A renewables-fuelled desalination project aiming to produce water for $1/m3 is to be jointly developed by Qatar and Sweden, reports The Peninsular.

The Resource Watch platform from the World Resources Institute used global horizontal irradiance (GHI), a proxy for the strength and concentration of star energy hitting a PV panel, to create the ranking

Top 20 water-stressed countries with solar potential

The World Resources Institute (WRI) has named the world's top 20 most water-stressed countries which have the most solar energy potential.

An artist's impression of the proposed new desalination plant in the governorate of Muscat, Oman.

Hyflux secures financing for new SWRO plant in Qurayyat, Oman

Qurayyat Desalination SAOC, a subsidiary of Hyflux, has secured non-recourse finance of $185 million for a seawater RO plant in Qurayyat, Oman.

Former Baja California project partners in legal spat

A giant seawater desalination facility proposed for Baja California, is currently mired in a legal wrangle between former partners in the venture according to a report in local newspaper, The San Diego Union-Tribune. Were it to go ahead the 400 Ml/d Rosarito Beach plant would topple the recently opened Carlsbad plant from its position as the largest desalination plant in the western hemisphere.

US Govt to facilitate $6bn in funding for water infrastructure projects

The US EPA has submitted a draft Notice of Funding Availability (NOFA) for Applications for Credit Assistance under theWater Infrastructure Finance and Innovation Act (WIFIA) Program.

Fund pledges US$ 200 million desalination loan to Egypt

The Arab Fund for Economic and Social Development (AFESD) has pledged to lend US$ 200 million this year, to Egypt to finance drilling wells and building desalination projects in Sinai.

Masdar steps up ties with China

Abu Dhabi's Masdar Institute of Science and Technology is stepping up its research collaborations, knowledge exchange and industrial partnerships, with China.

Texas loan boosts Gulf of Mexico project

Texas has agreed a US$ 2 million loan for the Guadalupe-Blanco River Authority (GBRA) to fund a study into site and transport options for a power and water project including a seawater desalination plant on the Texas Gulf coast. The project will provide additional water supplies and add diversity to the region's water sources.

EBRD in talks with Egypt on desalination finance

The European Bank for Reconstruction and Development (EBRD) is negotiating with the public private partnership (PPP) unit of Egypt's ministry of finance over possible private sector involvement in the unit's infrastructure projects including a desalination facility.

Miner ties up with Chinese steel firm in desalination deal

White Mountain Titanium Corporation has signed a non-binding memorandum of understanding (MOU) with China's state-controlled metallurgy and engineering firm, Sinosteel Equipment and Engineering, which includes a desalination project.

RWL consortium wins Baja California desalination deal

Mid market water treatment firm, RWL Water, in a consortium with Mexican partners, Libra Ingenieros and RJ Ingenieria, has won a contract to build a 22,000 m³/d seawater desalination plant in San Quintín, Baja California.

Egypt unveils three public/private desalination deals for 2016

Egypt has unveiled plans for at least three desalination public private partnerships in 2016 among a dozen infrastructure projects in various sectors.

Giant solar desalination project plans US$ 10 million public offering

Shares in what would be California's first commercial-scale solar desalination plant issued by WaterFX will this year form a US$ 10 million state-registered direct public offering (DPO) in the state.

Mining firm strikes funding deal for desalination plant at planned mine

Mining firm, White Mountain Titanium, has agreed a deal with US private equity company, Nexo Capital Partners, to fund, construct and manage a desalination plant to form part of White Mountain's planned Cerro Blanco mining project in Chile.

Texas county desalination scheme slated to supply industry

The Texas General Land Office has agreed a deal with desalination firm, Seven Seas Water, to develop a plan for building a seawater desalination plant in the San Patricio-Nueces county.

IDA World Congress in California

A pivotal event in the global desalination and water reuse sector will be held at the US industry's epicentre amid an historic drought when the 2015 IDA World Congress on Desalination and Water Reuse convenes in San Diego, California at the end of August 2015. The "location, theme and timing could not be more appropriate," said IDA secretary general, Patricia A Burke.

Grundfos reforms in bid to double Asia Pacific revenues

Danish pump manufacturer, Grundfos, has unveiled an organisational restructure in its Asia Pacific operations where it is looking to "double revenues over the next five years." The reshuffle will "improve customer service, enhance organisational efficiency, and drive the next phase of growth in the Asia Pacific."

Oman gives green light to five bids to tender for giant desalination duo

The Omani government has prequalified five utility-led consortiums for the next phase of a competitive tender for a license to build two major water desalination projects on Oman's Batinah coast.

Hawaii is looking at new funding methods to progress solar desalination projects

Hawaii considers special bonds for solar desalination

Hawaii Island is looking to introduce new special purpose bonds to build and operate solar-powered desalination plants, reports westhawaiitoday.com.

Energy Recovery hires senior management duo

Pressure energy technology firm Energy Recovery has appointed Chris M Gannon as chief financial officer and Eric O Siebert as vice president of corporate strategy. Both appointments are effective from 8 June 2015.

Veolia-led group refinances Oman project

Oman's Veolia-led Sharqiyah Desalination Company has refinanced its existing debt of US$ 120.8 million and raised new debt of US$ 42.7 million to fund its expansion of its reverse osmosis water desalination plant at Sur, in the sultanate.



Q&A: De Nora group CEO Paolo Dellacha on the acquisition of MIOX

Electrochemical tech company De Nora has acquired water purification firm MIOX. De Nora group chief executive Paolo Dellacha explains the thinking behind the deal and what the future holds

Papermaker ups water performance with Desalitech reverse osmosis

Arizona-based papermaker, Doubletree Paper Mills, said it has increased its purified water recovery by 20% at its Gila Bend plant since replacing its reverse osmosis water treatment system in 2014 with Desalitech's ReFlex RO system. The modification has also cut wastewater output by almost two thirds and lopped 25 % off energy consumption said Doubletree.

Manufacturing semi-conductors is a highly water-intensive process

Intel to adopt water reuse at Oregon factory

Semi-conductor manufacturer Intel has secured $120 million in tax-free bonds from Oregon state, US, to partially finance a water reuse project at its production facility, reports Oregon Live.

ACWA Power Barka signs desalination plant expansion deal in Oman

Power and water developer, ACWA Power Barka, has signed a water purchase agreement with Oman Power and Water Procurement Company and other deals for its 56,825 m³/d, phase 2 expansion of its existing water desalination plant at Barka, 65km north of the Oman capital, Muscat.

Bank lends US$ 22 million to Korean firm to fund Mexican desalination project

The North American Development Bank has provided a U$ 22 million loan to South Korean company GS Inima Environment which is building a US$ 48 million, 28.5 Ml/d reverse osmosis desalination plant in Ensenada, Mexico.

Indian state chief minister pushes for third Chennai desalination plant

Chief minister of the Indian state of Tamil Nadu, O Panneerselvam, has pushed the case for a third desalination plant for the city of Chennai.

Desalitech lands US$ 11 million in venture capital funding

US desalination firm Desalitech has landed US$ 11 million in venture capital from existing investor, Liberation Capital, along with AquAgro Fund. The money will help Desalitech expand sales of its water purification products, the company said.

Metito backs low-temperature distillation to challenge lead desalination technologies

Dubai-based water technology firm, Metito, is set to make a "significant investment" in clean-tech company Thermal Purification Technologies (TPTec), to develop TPTec's patented low-temperature distillation (LTD) technology. Metito claims LTD could displace existing membrane and thermal desalination technologies.

Tunisia poised to tender for Sfax desalination plant

Tunisia's national water company, Sonede, is poised to launch a tender for the construction of its 150,000 m³/day desalination plant at the coastal city, Sfax in May 2015.

Australian reuse project wins US$ 10 million grant

The council for the Light region of South Australia has won a A$ 10.7 million (US$ 10 million) federal grant to complete funding for a "foundation" programme, the Gawler Water Reuse Project.

US city seeks to buy itself out of 'albatross' desalination deal

The mayor of US city, Brockton in Massachusetts has proposed an US$ 88 million bid by the city to buy its near-unused Dighton desalination plant to free it from a 20-year contract with the plant owner.

Tunisia desalination project completes feasibility check

Tunisia's National Water Company has completed a feasibility study for a seawater reverse osmosis desalination plant to be located at Zaarat, in the south east of the country. The plant will be constructed in two 50,000 m³/d phases.


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