Breaking News

European Court Orders Russia to Pay €1.87 Billion for Yukos Seizure
Tweet TWEET

Acciona Awarded $200 Million Water Contract for Fujairah

Acciona SA (ANA), 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. (SCI), 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

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.