Consolidated Water And Subsidiary, PERC Water, Win $204M Contract To Design, Build, Operate And Maintain A Seawater Desalination Plant In Hawaii
Portfolio Pulse from Benzinga Newsdesk
Consolidated Water and its subsidiary, PERC Water, have won a $204 million contract to design, build, operate, and maintain a seawater desalination plant in Hawaii. The plant will be located in the Kalaeloa Regional Park District on the Island of O'ahu. The contract has an approximate 24-year base term.
June 06, 2023 | 9:30 pm
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Consolidated Water (CWCO) has won a $204 million contract to design, build, operate, and maintain a seawater desalination plant in Hawaii, which is expected to generate significant revenue over the 24-year base term.
The $204 million contract is a significant win for Consolidated Water, as it will generate substantial revenue over the 24-year base term. This is likely to have a positive impact on the company's stock price in the short term.
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