Tag: Finance
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H2O Innovation raises more capital investment
H2O Innovation Inc announced on 30 September 2013 that it had completed a non-brokered private placement of approximately Can$ 1.978 million (US$ 1.915 million) with a group of private investors and shares for debts for an amount of approximately Can$ 157,000 (US$ 152,000).
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Sembcorp announces successful IPO for Salalah IWPP
Singapore’s Sembcorp Industries announced on 26 September 2013 the successful close of its intial public offering (IPO) for part of its joint venture in Oman, Sembcorp Salalah Power & Water Co.
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Qatar agrees funding for Ras Abu Fontas MSF plant
A financing package worth US$ 450 million for the A2 desalination plant at Ras Abu Fontas has been finalized by the Qatar Electricity & Water Co, the company announced on 26 September 2013.
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WRF grant for United Water’s VOC membrane research
The Water Research Foundation has awarded a grant to US water utility United Water to evaluate the use of water-resistant membranes to remove volatile organic compounds (VOCs) from drinking water.
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WateReuse webcast to look at cost/benefits of reuse levels
An October webcast from the WateReuse Research Foundation is to address the question of reuse costs and benefits to help avoid communities overtreating their wastewater for reuse.
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CaribDA calls for 2014 conference papers
The Caribbean Desalination Association (CaribDA) has issued a call for papers for its Biennial Conference & Exposition in June 2014.
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Southern California reused-water purchase agreed
The Water Replenishment District of Southern California (WRD) and the Sanitation Districts of Los Angeles County (SDLAC) signed a 30‑year recycled water purchase agreement on 29 August 2013, which will eliminate the need for water from northern California and the Colorado river for groundwater recharge.
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Saudi solar desalination push nears end of Phase 1
The first of three phases of the King Abdullah Initiative for Solar Water Desalination is expected to be operational by the end of this year, according to reports from Saudi Arabia.
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Nine desalination research projects share US$ 1.1 million
Seven laboratory-scale desalination research projects and two pilot projects are to share US federal funding worth more than US$ 1.1 million.
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KfW signs Djerba desalination loan agreement in Tunisia
Tunisia’s Société Nationale d’Exploitation et de Distribution des Eaux (SONEDE) signed an agreement on 22 August 2013 with the German development bank KfW for a loan of around € 60 million for the Djerba seawater desalination plant.