In this first year of the 2021-2025 Strategic Plan we have set the path for achieving the goals we have established for ourselves. In 2021, the EBITDA increased to € 923 million (+28%), the revenue backlog reached nearly € 46 billion, and net recourse debt was reduced by 19% The excellent work done by the...
Category: <span>Corporate Member News</span>
ACWA Power Led Consortium Achieves Financial Close for the US$1.59 Billion Red Sea Project
Riyadh, Kingdom of Saudi Arabia, 23 Feb, 2022: A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the US$1.302 billion senior debt facilities for the Red Sea multi-utilities project. ACWA Power had been appointed by The Red Sea Development Company (TRSDC) to...
A consortium led by Aqualia will manage water for more than 5 million inhabitants in southern Arabia
The contract was signed yesterday in Riyadh by Javier Díaz, Aqualia’s Country Manager in Saudi Arabia, Nemer Al-Shebel, CEO of the state-owned NWC (National Water Company), and representatives of the other three companies that make up the consortium The so-called South Cluster, whose water services will be managed by the consortium for a period of...
ACCIONA to improve water services’ efficiency for 5 million people in southern Saudi Arabia
The contract is part of a government programme to incentivize the participation of the private sector in the management of water and sanitation in the country. ACCIONA, in a joint venture with Aqualia and the local Tawzea and HAACO groups, has been awarded the contract for the management, operation and maintenance of the end-to-end water cycle...
Metito, Scatec in Talks on $1.5 Billion Egypt Desalination Plant
Renewables-powered plant part of bid to tackle water scarcity Three-firm group looking to partner with sovereign wealth fund The UAE’s Metito Holdings Ltd., Scatec ASA and Orascom Construction are in talks with Egypt on a $1.5 billion renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages. The three-company consortium is in discussions with...
Energy Recovery Receives Industrial Wastewater Treatment Contracts Totaling $885K in New Market Verticals in Asia
SAN LEANDRO, Calif. – February 17, 2022 – Energy Recovery, Inc. (NASDAQ: ERII) today announced two awards to supply its PX® Pressure Exchanger® (PX) energy recovery devices and an array of pumps to support industrial wastewater treatment operations at a battery-grade lithium carbonate manufacturing facility in Tibet, China and a textile wastewater treatment facility in...
ACCIONA celebrates 20 years in Italy offering innovative and sustainable solutions for the end-to-end management of the water cycle
The company has a main office in Milan and more than 550 employees across the country. ACCIONA, a leading company in infrastructure and renewable energy, is celebrating 20 years’ presence in Italy offering innovative solutions for the management of the end-to-end water cycle. With more than 40 projects in 10 regions of the country, ACCIONA...
Black & Veatch Selects Avatour to Optimize Remote Project Collaboration
Engineering leader leverages Avatour’s real-time 360° technology to keep projects moving, reduce costs and deliver projects safely, on time and on budget With traditional project management approaches stressed by COVID-19, changing workforce dynamics and the increasing use of remote meetings, Avatour and Black & Veatch announce a strategic partnership that leverages digital collaboration to break...
Fluence Wins First Niroflex Contract In Egypt
US$1.6M order for 2 Niroflex desalination trains in Egypt further strengthens SPS backlog Project to be completed during 2022 Fluence Corporation (ASX:FLC) is pleased to announce that it has secured a Niroflex contract with an industrial company based in Egypt. The Niroflex process trains will desalinate 9,600 m3/day of brackish water and the project is...
AECOM and FMIS announce agreement to create an energy hub for engineering, environment, and water services in Northern Alberta
CALGARY (February 15, 2022) — AECOM, the world’s trusted infrastructure consulting firm, announced today that it has formed a partnership with FMIS (Fort McKay Industrial Solutions) to create an energy hub for engineering, environment, and water solutions in Northern Alberta. The agreement, which is already in effect, will provide a centralized source for energy operations within...