Finance, United Kingdom
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.
UK seawater desalination may become necessary, says IMechE report
Seawater desalination may become necessary in the United Kingdom if precipitation does not provide sufficient water, according to a report Climate change: adapting to the inevitable published in February 2009 by the UK Institution of Mechanical Engineers.
Modern Water gets £ 9.5 million from share issue
UK forward-osmosis (FO) and monitoring specialist Modern Water plc announced on 12 February 2013 that it had raised, subject to certain conditions, £ 10.0 million (approximately £ 9.5 million net of expenses) by way of a placing of 20,000,000 new ordinary shares with both new and existing institutional shareholders at a price of £0.50 per ordinary share.
Spatz joins board of Voltea Inc
The former chairman and CEO of Osmonics Inc, Dean Spatz, has joined the board of Voltea, the UK developer of capacitive deionization (CapDI) desalination.
Vote for desalination in the £10 million Longitude Prize!
Desalination has been chosen as the challenge in the Water section of the newly revived Longitude Prize with a prize of £10 million for whoever can create a cheap, environmentally sustainable desalination technology.
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.
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.
Barclays backs US$ 43 million Biwater British Virgin Islands project
Barclays Corporate and Investment Banking has awarded a two-tranche, US$43 million finance facility to Biwater to fund the construction of a seawater desalination, water storage and wastewater plant on Tortola - the largest and most populated of the British Virgin Islands.
Qingdao desalination plant starts commercial operation
Spanish company Abengoa has begun commercial operations at the 100,000 m³/d desalination plant in Qingdao in Shandong province, the second largest commercial port in northern China.
Hyflux looking for Tuaspring desalination finance
Singapore desalination provider Hyflux Ltd announced on 11 January 2013 that it was starting financing discussions for the Sing$ 1.05 billion (US$ 855 million) Tuaspring Desalination Plant in Singapore.
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 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.
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.
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).
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.
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).
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.
Italy's De Nora bags Severn Trent's electrochlorination arm
UK-based electrochlorination firm Severn Trent and Italy's Industrie De Nora have agreed the sale of Severn Trent's Water Purification business to De Nora.
UK utility ponders south coast desalination plant
UK utility, Southern Water, is considering the construction of a seawater desalination plant near the south coast city of Southampton.
UK water firm plans two water reuse plants
UK water company South East Water is to develop two water reuse schemes as part of its bid to ensure supply meets demand to 2040.
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.
Forward-osmosis companies launch international association
Four companies specializing in forward osmosis membrane technology launched the International Forward Osmosis Association (IFOA) on 7 April 2014.
Mott MacDonald absorbs Australasian water specialist
The Mott MacDonald consultancy group has taken in AWT, a specialist water technology and consulting company based in New Zealand and Australia.
Doosan Enpure secures Escondida pretreatment contract
Doosan Enpure has secured a US$ 17 million contract to design, procure and supply the pretreatment plant for the desalination part of the Escondida Water Supply Project at the world's largest copper mine in Chile's Atacama desert.
Modern Water set for first FO desalination plant in China
Modern Water is set to build a forward-osmosis (FO) desalination plant in Xugong Island, China, as a result of one of three deals signed by the UK company during a trade mission to China led by UK prime minister David Cameron.
Modern Water opens new office in Shanghai
UK company Modern Water announced on 26 November 2013 the formation of Modern Water Technology (Shanghai) Co Ltd and the opening of its new office in Shanghai, China.
Solent desalination plant foreseen for UK by 2028
The UK's Southern Water is looking at a 20,000 m³/d Solent Coast desalination scheme, to be built in the county of Hampshire by 2028.
IChemE forecasts more UK municipal desalination by 2050
By 2050, at least four municipal desalination plants and up to 800 smaller units could be providing water to UK households and industry.
Ion exchange + ceramic MF for UK water treatment plant
A water treatment plant using suspended ion-exchange (SIX) and ceramic microfiltration is to be built by the UK's South West Water using CeraMac technology from PWN Technologies of the Netherlands.
North Sea gas RO package supplied by UK company
A containerised reverse‑osmosis (RO) desalination package is to be supplied for an unmanned gas platform in the North Sea by Salt Separation Services of Rochdale, UK.
Ion Exchange (India) loses founder
The founder and chairman emeritus of India's water and environment company, Ion Exchange (India) Ltd, G Shankar Ranganathan, passed away on 18 March 2013.
BASF water business combined with other sectors
German chemical giant BASF has combined its water business with its oilfield and mining businesses as from 1 April 2013 to increase efficiency and support growth.
MottMac named as engineer for Ghubrah IWP
Mott MacDonald of the UK has been named owner's engineer for the US$ 350 million Ghubrah Independent Water Project (IWP) in Muscat, Oman.
UK MBR specialist acquired by US filtration group
UK membrane bioreactor company Aquabio Limited was acquired by US industrial filtration specialists Freudenberg group on 1 March 2013.
Modern Water appoints US monitoring sales VP
UK-based Modern Water plc has appointed a vice president of sales, Americas, for its Monitoring division. This appointment will strengthen the geographical reach of the division and will drive Modern Water's sales activity in North, Central and South America.
Chilton joins Toray Membrane in Europe
Mark Chilton has joined Tory Membrane Europe as European specialty products manager effective 1 January 2013.
Chinese website and new director for Modern Water
UK forward-osmosis specialist Modern Water plc has recently appointed William Harvey as its director of strategy and new business development for its Membrane Processes division as well as its electrocoagulation products.
Modern Water ties in with Chinese partner
UK forward-osmosis desalination developer Modern Water plc has signed a framework agreement with Hangzhou Development Center of Water Treatment Technology Company Ltd (Hangzhou Water) in China.
Doosan acquires UK desalination pretreatment technology
Korean company Doosan Heavy Industries & Construction announced on 13 November 2012 that it had completed its acquisition of key assets of the water/wastewater treatment engineering company Enpure, based in the UK.
Moore takes over engineering for Modern Water
Brian Moore has left Thames Water to become Modern Water's new engineering manager as part of the UK membrane desalination company's planned growth in its engineering department.
Small FO desalination plant commissioned in Oman
A 200 m³/d forward-osmosis (FO) desalination plant has been commissioned by Modern Water at Al Najdah in the Al Wusta region of Oman.
ACWA appoints nanotechnology membrane specialist
UK water and wastewater specialist ACWA Services announced on 6 June 2012 that it has appointed a membrane nanotechnology specialist, Dr Oscar Hernandez-Ramirez as a chemical process engineer.
VWS buys inge UF modules for oil rig
VWS Westgarth has awarded a contract to BASF subsidiary inge GmbH for 600 dizzer® ultrafiltration (UF) modules for an oil rig.
Desalination/reuse in UK/Israel water agreement
Desalination, water reuse and use of renewable energy in desalination and water reclamation were included in an agreement signed on 21 December 2011 between British Water, which represents the UK water industry supply chain, and MATIMOP, the Israeli Industry Centre for Research & Development.
Solar panels commissioned at UK desalination plant
Thames Water in the UK at the end of July commissioned a 450 kW array of solar panels at its 150,000 m³/d Beckton brackish-water desalination plant as part of a bid to become Britain's biggest on-site solar power producer and industrial user.
Aquatech buys majority stake in Indian chemical provider
Desalination and water-treatment specialist Aquatech International, based in Pennsylvania, has made a majority strategic investment in India's WEX Technologies Private Ltd, a provider of performance water-treatment chemicals and services.
BWA changes hands once more
Desalination and water treatment chemical specialist BWA Water Additives has been sold for the second time in three years for around £ 185 million (US$ 300 million).
Modern Water claims first FO commercial desalination contract
UK-based Modern Water has won what is believed to be the first ever forward-osmosis (FO) commercial contract for desalination, following its award of a UK£ 500,000 (US$ 810,000) contract for a 200 m³/d plant by Oman's Public Authority for Electricity & Water (PAEW).
Ras Az Zawr to have DAF/DMF pretreatment from Enpure
Pretreatment for the reverse osmosis (RO) section of the world's largest seawater desalination plant at Ras Az Zawr (or Ras Azzour) in Saudi Arabia is to be by dissolved air flotation (DAF) and dual-media filtration (DMF).
UK water nano group to be launched at February workshop
The programme has been announced for a UK nanotechnology for water event to be held at University College London (UCL) on 15 February 2011, which will provide an official launch for the EcoNano Focus Group.
Scottish company wins order for North Sea RO units
Aberdeen-based Monitor Systems Scotland has won a contract to supply six 50 m³/d reverse-osmosis (RO) desalination units for three North Sea offshore platforms operated by TAQA Bratani, owned by Abu Dhabi National Energy Company PSJC.
B&V puts forward four water-reuse recommendations
Four key recommendations have been put forward by Dan McCarthy, president and CEO of Black & Veatch's global water business, for overcoming global barriers to reuse of water as part of an integrated water industry portfolio.
Four-stage RO for London desalination plant
The UK's 150,000 m³/d Thames Gateway brackish-water reverse-osmosis (RO) desalination plant, which was opened by Queen Elizabeth's husband, the Duke of Edinburgh, on 2 June 2010, has a four-stage RO process.
Philippine/Japanese consortium buys UU Australia
United Utilities Australia Pty Ltd, which is involved in several membrane-based desalination and water reuse projects in Australia, has been bought by a consortium including Manila Water of the Philippines and Mitubishi Corp and JGC Corporation of Japan.
Biwater to build six SWRO plants in Maldives
Six seawater reverse-osmosis desalination plants with a total capacity of 3,000 m³/d are to built built in the Southern Province of the Maldive Islands by Biwater International Limited.
Cascal chairman looks to desalination future
Cascal NV, a subsidiary of the UK-based Biwater water and wastewater group, is looking to extend its market reach further into desalination, according to its recently elected chairman, Adrian White.
CH2M Hill hires UK engineer as water operations chief
CH2M Hill announced on 4 August 2009 that British civil engineer Neil Reynolds has joined the Denver-based firm as international operations director for the Water Business Group.
Biwater chair knighted
Biwater chairman, Adrian E White, CBE, received a knighthood in the Queen's Birthday Honours List, in recognition of services to trade and exporting.
Weir Materials acquired by Rolled Alloys
The Weir name finally dropped out of the desalination mainstream in mid-October when Weir Materials was acquired by Rolled Alloys (RA) a US-based supplier of heat-resistant and corrosion-resistant alloys and branded stainless steels.
BWA Additives acquired by Bahrain bank
United International Bank BSC, an investment bank headquartered in Bahrain, announced at the end of September 2008 its acquisition of the UK-based BWA Water Additives, a leading water treatment solution provider from Close Brothers Private Equity Ltd.
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.