Consolidated Water Co. Ltd., which develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies of potable water are scarce or non-existent, recently announced that the State of Baja California, Mexico designated the consortium comprised of N.S.C. Agua, S.A. de C.V. (the Company’s subsidiary), NuWater S.A.P.I. de C.V. and Degremont S.A. de C.V. (the “Consortium”) as the winner of the Government of Baja California, Mexico bidding process No. SIDUE-CEA-APP-2015-002 for the financing, construction and operation of a seawater desalination plant in Playas de Rosarito, Baja California, Mexico.
After execution of this definitive agreement, the Consortium will finance, design, construct, operate and maintain the desalination plant and an accompanying pipeline to deliver drinking water from the desalination plant to the Mexican potable water system in two phases.
In the first phase, which is expected to be operational by the end of 2019, the desalination plant will have a production capacity of 50 million gallons of drinking water per day. In the second phase of the project, the Company and its partners will double the desalination plant’s production capacity to 100 million gallons per day by 2024 and extend the drinking water delivery pipeline.
