Algerian desalination plant financing approved

Sponsored by

The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved up to US$ 200 million in financing for the Ionics’ 25-year build-own-operate (BOO) seawater desalination project in Algeria, subject to satisfactory completion of the final project and loan documents.

OPIC will provide the loan to Hamma Water Desalination SpA (HWD), a project company owned 70% by Ionics and 30% by the Algerian Energy Company (AEC). HWD will produce and sell water to Algerienne des Eaux (ADE), the national water service of Algeria, under a 25-year take-or-pay water supply contract that will be guaranteed by Sonatrach, the Algerian national energy company.

HWD will use the financing and equity from Ionics and AEC to construct and commission the reverse osmosis (RO) desalination plant near Algiers.

The RO plant will produce 200,000 m3/day of potable water to supply the population of the capital city. Construction will take approximately two years. Ionics will design and supply the desalination system, and operate the facility over the 25-year water supply contract period. The HWD plant will be the first private RO potable water desalination facility in Algeria, the largest membrane desalination facility in Africa, and one of the largest in the world.

Sponsored by

TODAY'S HEADLINES

AWWA provides free tools in new online Cyanotoxins Resource Community website

Through a collaborative effort with Hazen and Sawyer and Utah State University, the American Water Works Association has provided several free tools in its new online Cyanotoxins Resource Community. 

North Las Vegas wastewater treatment plant upgraded with MBR technology

As part of an upgrade to its wastewater treatment plant, the city of North Las Vegas, Nev., has implemented a high-performance membrane bioreactor technology from GE.

Reclamation awards $1.49M for nine desalination, water purification research projects

The Bureau of Reclamation recently announced that it has selected nine projects across the United States to receive $1.49 million under its Desalination and Water Purification Research Program. The funding will support almost $13.5 million in research.

Xylem providing dewatering pumps for Panama Canal Expansion Program

The Panama Canal Expansion Program is receiving heavy-duty dewatering pumps from Xylem to fill the third set of basin locks on the Pacific Ocean sector with 1.7 billion gallons of water, as part of performance trials for the system prior to its commissioning.

FOLLOW US ON SOCIAL MEDIA

  

 


© 2015. PennWell Corporation. All Rights Reserved. PRIVACY POLICY | TERMS AND CONDITIONS