Abengoa Begins Construction on the Agadir Desalination Plant
March 10 2015 - 03:29AM
- The desalination plant will have the capacity to supply more
than 500,000 people and will ensure the socio-economic development
of the region.
Abengoa (MCE: ABG.B/P SM) (Nasdaq:ABGB), the international company
that applies innovative technology solutions for sustainability in
the energy and environment sectors, has recently begun construction
of the desalination plant in Agadir, Morocco, having closed the
financing for the project together with its local partner
InfraMaroc (CDG Capital Infrastructures group).
Once commissioned, the Abengoa plant located 45 km from the city
of Agadir will supply 100,000 m3/day of drinking water to more than
500,000 people in the region. It will also ensure the drinking
water supply and water security in the zone, further contributing
to the development of the tourism and agricultural industries that
are the main economic drivers of this region. The plant will use
the most modern ultrafiltration pre-treatment systems and reverse
osmosis technology to desalinate sea water. Furthermore, the
plant's capacity may be increased in the future by an additional
100,000 m3/day of drinking water.
The Agadir desalination project is part of Abengoa's strategic
plan to solve water supply problems in those parts of the world
most affected by water shortages. Moreover, it will be the largest
capacity desalination plant in the region. A total of €82 million
in financing has been arranged with a consortium of local banks led
by Banque Marocaine du Commerce Extérieur (BMCE), ensuring a high
degree of integration and participation with the local business and
financial sector. Furthermore, this is the first project that the
National Power and Drinking Water Office (ONEE) has developed under
a public-private partnership (PPP) system, putting Abengoa at the
forefront of this model in Morocco.
Abengoa has been present in Morocco since 1977 and has offices
in the cities of Rabat and Casablanca. It has carried out major
large-scale projects in the region, including the world's first
ISCC (Integrated Solar Combined Cycle) plant located in Ain Beni
Mathar.
About Abengoa
Abengoa (MCE: ABG.B/P SM) (Nasdaq:ABGB) applies innovative
technology solutions for sustainability in the energy and
environment sectors, generating electricity from renewable
resources, converting biomass into biofuels and producing drinking
water from sea water. (www.abengoa.com)
CONTACT: Communication Department:
Patricia Malo de Molina Melendez
Tel. +34 954 93 71 11
E-mail: communication@abengoa.com
Investor relations:
Ignacio Garcia Alvear
Tel. +34 954 93 71 11
E-mail: ir@abengoa.com