Jan. 21 (Bloomberg) — Acciona SA, the Spanish company that
treats water for six million people a day, said it won a seven-
year contract worth at least $200 million to expand the Fujairah
desalination plant in the United Arab Emirates.
The contract from Emirates SembCorp Water & Power Co., a
public-private company made up of the Abu Dhabi Water &
Electricity Authority and Singapore’s SembCorp Industries Ltd.,
allows the company based in Madrid’s Alcobendas suburb to
design, build and operate the plant, whose capacity will
increase by 30 percent to 592,000 cubic meters a day.
The plant will take about 28 months to build and serve a
population of about 600,000, Acciona said in a statement. The
contract comes after the company announced a 14 million-euro
($19 million) award from Saudi Arabia’s state water utility to
operate wastewater treatment plants between Jeddah and Mecca.
The UAE has a 10.5 billion-euro, four-year investment plan
to build water treatment plants. The Middle East and North
Africa region is the globe’s most water-scarce area, home to 6.3
percent of the world’s population yet only 1.4 percent of its
freshwater, according to data last week from the International
Water Summit in Abu Dhabi.
To contact the reporter on this story:
Patricia Laya in Madrid at
playa2@bloomberg.net
To contact the editor responsible for this story:
Randall Hackley at
rhackley@bloomberg.net
