Tag: Finance
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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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Degrémont eyes desalination contracts in Mexico
French water services company Degrémont is seeking to participate in a public tender to construct a desalination plant in three Mexican states according to a Mexican state news outlet.
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Barclays backs US$ 43 million Biwater British Virgin Islands project
Barclays Corporate and Investment Banking has awarded a two-tranche, US$43 million finance facility to Biwater to fund the construction of a seawater desalination, water storage and wastewater plant on Tortola – the largest and most populated of the British Virgin Islands.
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Japanese giants buy Metito stake
Japanese companies Mitsubishi Corporation (MC), and Mitsubishi Heavy Industries, (MHI), have acquired a joint 38.4% stake in United Arab Emirates-based water management company Metito for an undisclosed sum.
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Australian cutback leaves desalination centre seeking funds
The government funding round for which the National Centre of Excellence in Desalination Australia (NCEDA) was preparing a proposal has been suspended pending a review, which will take till March 2015.
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Land-purchase brings Consolidated’s Mexican SWRO nearer
The planned Rosarito seawater desalination project in Mexico close to the US border took a step nearer on 22 May 2014 when Consolidated Water Co Ltd announced that it had completed the land purchase for the project.
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Grenada government tries again with RO desalination
The report on the Grenada government’s website on 21 May 2014 that it was building reverse-osmosis (RO) desalination plants on the islands of Carriacou and Petite Martinique might not be quite as good as it sounds.
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ConocoPhillips becomes 3rd Saltworks Technologies investor
Canadian desalination and brine treatment company Saltworks Technologies announced on 23 May 2014 that it had received investment funding from ConocoPhillips Company, Saltworks’ third industrial shareholder.
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Reclamation grant for Sweetwater desalination expansion
The US Bureau of Reclamation is to provide the Sweetwater Authority in California with a US$ 1.5 million grant towards the expansion of the Richard A Reynolds desalination plant.
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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.