Consolidated Water Sustains No Damage From Passage of Hurricane Ian Through Grand Cayman
September 27 2022 - 4:01PM
Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a
leading developer and operator of advanced water supply and
treatment plants, reported that its property and equipment
sustained no damage after Hurricane Ian passed within 95 miles of
Grand Cayman yesterday morning.
Grand Cayman experienced some minor coastal flooding and wave
damage. However, the National Emergency Operations Centre issued an
“all clear” for the Cayman Islands yesterday afternoon and the
hurricane has since moved out of the area.
Based on the hurricane’s current projected path, the company
does not expect it to have any material impact on its other
operations.
About Consolidated Water Co. Ltd.Consolidated
Water Co. Ltd. develops and operates advanced water supply and
treatment plants and water distribution systems. The company
operates water production facilities in the Cayman Islands, The
Bahamas and the British Virgin Islands and operates water treatment
facilities in the United States. The company also manufactures and
services a wide range of products and provides design, engineering,
management, operating and other services applicable to commercial
and municipal water production, supply and treatment, and
industrial water and wastewater treatment. For more information,
visit www.cwco.com.
Cautionary Note Regarding Forward-Looking
StatementsThis press release includes statements that may
constitute "forward-looking" statements, usually containing the
words "believe", "estimate", "project", "intend", "expect",
"should", "will" or similar expressions. These statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements
inherently involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements.
For more information about risks and uncertainties associated with
the company’s business, please refer to the “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” and “Risk Factors” sections of the company’s SEC
filings, including, but not limited to, its annual report on Form
10-K and quarterly reports on Form 10-Q, copies of which may be
obtained by contacting the company’s Secretary at the company’s
executive offices or at the “Investors – SEC Filings” page of the
company’s website at http://ir.cwco.com/docs. Except as otherwise
required by law, the company undertakes no obligation to update or
revise publicly any forward-looking statements, whether as a result
of new information, future events or otherwise.
Company Contact:David W. SasnettExecutive Vice
President and CFOTel (954) 509-8200dsasnett@cwco.com
Investor Relations ContactRon BothCMATel (949)
432-7566Email Contact
Media Contact:Tim RandallCMATel (949)
432-7572Email Contact
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