The City of Alice, Texas today announced that they have successfully executed a contract for the construction of a Public-Private Partnership (P3) brackish water desalination plant to provide fresh drinking water to its residents.
This is the first P3 to construct a brackish water treatment plant in the state of Texas. Seven Seas Water Group will finance, design, build, operate and maintain a Brackish Water Reverse Osmosis (BWRO) plant on land owned by the city.
“We are elated to begin construction on this important project with the City of Alice,” said Henry Charrabé, CEO of Seven Seas Water Group. “We are proud to provide a new source of fresh, drinking water for the citizens that is effective and cost efficient. This model of a public-private partnership is the blueprint to help resolve the water and wastewater infrastructure challenges and backlog in the United States.”
Michael Esparza, city manager, noted, “We are pleased with the final contract and the price and solution offered by Seven Seas Water Group to provide clean water for our community.”
The initial production capacity of the treatment plant will be three million gallons per day (MGD) with expansion options in the future. At the end of the 16.5 partnership contract term, the city of Alice will assume ownership of the plant in a guaranteed state of condition. It is anticipated that the plant will be fully operational in 18 months.
Less than one year ago, Seven Seas Water Group also announced its acquisition of a 20 MGD conventional water treatment plant system in Panama, serving a population of approximately 420,000 residents. Over the past year, revenues of the company have increased significantly.
SOURCE: Seven Seas Water Group
