Rosarito Desalination plant Phase 1

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The project entails the construction and operation of a 189,000 cubic meters per day desalination plant located in Playas de Rosarito, Baja California. Aguas de Rosarito S.A.P.I. de C.V., owned by Consolidated Water, is undertaking the project. The project contract was awarded in 2016 following a competitive bidding process based on lowest tariff. The sponsor will operate the facility for a period of 37 years, after which it will become property of the state. Phase 2 will add a further 189,000 cubic meters per day of capacity once the first one is completed. The total Project cost for Phase 1 is expected to be approximately 9.1 billion Mexican pesos ($489.3 million). The construction of the plant was commenced in March 24, 2018. The finance was secured by all the three sponsors, Consolidated Water, SUEZ and Greenfield in not disclosed parameters. Hence, total debt is expected to equal approximately $391.44 million, and equity $ 97.86 million. https://mexiconewsdaily.com/news/construction-begins-on-desalination-plant/ http://www.cwco.com/portfolio/mexico/ https://www.desalination.biz/news/0/Consolidated-Water-signs-funding-agreement-on-Rosarito-project/8963/ http://www.becc.org/projects/under-development/desalination-plant-in-playas-de-rosarito-baja-california#/tab1