Tag: Finance
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Giant solar desalination project plans US$ 10 million public offering
Shares in what would be California’s first commercial-scale solar desalination plant issued by WaterFX will this year form a US$ 10 million state-registered direct public offering (DPO) in the state.
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Mining firm strikes funding deal for desalination plant at planned mine
Mining firm, White Mountain Titanium, has agreed a deal with US private equity company, Nexo Capital Partners, to fund, construct and manage a desalination plant to form part of White Mountain’s planned Cerro Blanco mining project in Chile.
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Texas county desalination scheme slated to supply industry
The Texas General Land Office has agreed a deal with desalination firm, Seven Seas Water, to develop a plan for building a seawater desalination plant in the San Patricio-Nueces county.
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IDA World Congress in California
A pivotal event in the global desalination and water reuse sector will be held at the US industry’s epicentre amid an historic drought when the 2015 IDA World Congress on Desalination and Water Reuse convenes in San Diego, California at the end of August 2015. The “location, theme and timing could not be more appropriate,”…
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Grundfos reforms in bid to double Asia Pacific revenues
Danish pump manufacturer, Grundfos, has unveiled an organisational restructure in its Asia Pacific operations where it is looking to “double revenues over the next five years.” The reshuffle will “improve customer service, enhance organisational efficiency, and drive the next phase of growth in the Asia Pacific.”
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Oman gives green light to five bids to tender for giant desalination duo
The Omani government has prequalified five utility-led consortiums for the next phase of a competitive tender for a license to build two major water desalination projects on Oman’s Batinah coast.
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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.
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Energy Recovery hires senior management duo
Pressure energy technology firm Energy Recovery has appointed Chris M Gannon as chief financial officer and Eric O Siebert as vice president of corporate strategy. Both appointments are effective from 8 June 2015.
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Veolia-led group refinances Oman project
Oman’s Veolia-led Sharqiyah Desalination Company has refinanced its existing debt of US$ 120.8 million and raised new debt of US$ 42.7 million to fund its expansion of its reverse osmosis water desalination plant at Sur, in the sultanate.
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Mott Macdonald to advise lender in Moroccan dealination project
Banque Marocaine du Commerce Extérieur has appointed consultant, Mott Macdonald, as technical advisor in support of the bank’s role as financer for a MAD 937 million (US$ 94.6 million) desalination project in Morocco.