Consolidated Water and Subsidiary, PERC Water, Win $204 Million Contract to Design, Build, Operate and Maintain a Seawater Desalination Plant in Hawaii

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Jun 06, 2023

GEORGE TOWN, Grand Cayman, June 06, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, announced its indirect subsidiary, Kalaeloa Desalco LLC (which is jointly owned by the company’s wholly owned subsidiaries PERC Water Corporation and Consolidated Water U.S. Holdings, Inc.), has signed a definitive agreement (DBOM Agreement) with the Honolulu Board of Water Supply (BWS) to design, build, operate and maintain a seawater reverse osmosis desalination plant. Consolidated Water has separately guaranteed the performance of Kalaeloa Desalco to BWS for the term of the DBOM Agreement.