Tag: Finance
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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).
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Baytech leads € 5 million input into Germany’s inge
Bavaria-based inga watertechnologies AG announced a € 5 million increase in its capital on 7 July 2009 as a result of new investment.
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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.
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Chennai desalination plant ‘will finish in 2009’
The 100,000 m³/d Minjur desalination plant in Chennai, India, will be completed this year, the state government stated on 27 June 2009, despite a warning related to the implementing consortium from the Fitch financial ratings agency.
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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.
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Papers called for CaribDA 2010 desalination conference
The Caribbean Desalination Association (CaribDA) has issued a call for papers for its 2010 2nd Conference on Desalination & Water Reuse on 1-4 June 2010.
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Sumitomo backs off Ras Azzour desalination bid
A consortium led by Japan’s Sumitomo Corporation has “put on hold” its plans for the Ras Azzour independent water and power project (IWPP) in Saudi Arabia, according to Reuters.
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EDS desalination courses relocate to Genoa
Following the disastrous earthquake which affected the headquarters of the European Desalination Society in L’Aquila, Italy, on 6 April 2009, the EDS has rescheduled and relocated upcoming courses to Genoa in July 2009.
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Carlsbad desalination plant set to start construction soon
The Carlsbad desalination plant jumped two of its final hurdles towards starting construction this week when it was backed by the courts and the local water quality board (WQB).
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Mining slump threatens Nambia’s desalination
Investments in desalination and electricity generation in Namibia could be in jeopardy following a dramatic slowdown in mining output in 2008, according to a new report published on 5 May 2009 by the International Monetary Fund.