Tag: Finance
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AquaSure’s Victorian Desalination Plant secures its first water order
The Victorian Desalination Project (VDP) is a mega-size seawater RO facility, able to produce up to 150 billion litres of water a year when running at full capacity. Located at the southerly most tip of Australia on the Bass Coast, it was procured by the Victorian State government from AquaSure, a joint venture of Degrémont…
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Consolidated Water confirms details of PPP with Baja California for mega plant
Consolidated Water confirmed details of a deal with the state of Baja California, Mexico, through subsidiary Aguas de Rosarito, to design, construct, finance, and operate a seawater desalination plant in Playas de Rosarito.
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Sinai development continues with plans for new desalination capacity
Egypt’s Ministry of International Co-operation and the Kuwait Fund for Arab Economic Development have signed a deal to build a new desalination plant in East Port Said.
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Namibia looks to finance four new desal plants, as row develops over price of existing supplies: reports
The Namibian government is seeking private investors to finance the development of four desalination plants on the west coast of Namibia, reports Bloomberg.
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Algeria desal plant wins OPIC award for public-private excellence
Hamma Water Desalination facility in Algeria, the first reverse osmosis seawater plant in Africa to be funded by public-private investment, has scooped OPIC’s Impact Award for Critical Infrastructure, for effectiveness in public-private partnerships in major infrastructure projects.
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Stage set for proliferation of private finance in US utilities
Capital expenditure by US water and wastewater utilities is expected to top $532 billion between 2016 and 2025, but the upturn is unlikely to be funded by federal budgets.
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‘Adjustable’ desal plant in Brazil financed by project bond
UK water company Hydrology is to build and operate an "adjustable" desalination plant in Cubato in Sao Paulo state, Brazil, to supply industrial conglomerate Unigel.
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Israel mulls Red Sea Dead Sea alternative amid water price concerns
A string of consortia have entered pre-qualification bids for Jordan’s Red Sea Dead Sea (RSDS) project, as Israel mulls an alternative idea amid concerns over the economics of the scheme.
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Largest desal plant in the West gets the green light in Mexico
Consolidated Water’s Mexico subsidiary NSC Agua, in consortium with the Mexican entities of NuWater and Degremont, has won a contract to build a seawater RO desalination plant at Rosarito Beach, from the government of Baja California, Mexico.
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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.