Consolidated wins new desal plant in Caymans

Consolidated Water (NASDAQ: CWCO) today announced a ten-year contract for a new seawater desalination plant in Frank Sound on Grand Cayman Island.

The design capacity of the new plant will be 2.38 million U.S. gallons of water per day.

The company says it will guarantee under delivery of 2.14 million gallons per day to its customer, the Water Authority of the Cayman Islands.

The contract is for the design, building, operation and ultimate transfer of the plant.

Fresh drinking water is to be produced from salt water wells via two electrically driven Sea Water Reverse Osmosis units utilizing the Calder DWEER® energy recovery device. The plant is to also include a partial second-stage brackish water desalination unit to meet applicable quality standards.

"We anticipate that construction of the Frank Sound plant will be completed in approximately twelve months. At that time, Consolidated will be operating 7 seawater desalination plants on Grand Cayman Island," said Rick McTaggart, CEO.

Consolidated Water 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 nonexistent.

The company currently operates water production and/or distribution facilities in the Cayman Islands, Barbados, Belize and the Bahamas.

The company currently has another desalination plant under construction (see Consolidated Water building desalination plant in Bermuda.)

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