Almar Water Solutions took part in the Water Innovation Europe 2019 held last Wednesday in the BluePoint Conference Centre of Brussels, in Belgium. The event, with the slogan Water Meets Energy, Energy Meets Water, focused on the water-energy nexus and debated the following aspects:
2019
Carlos Cosín, the CEO of Almar Water Solutions, was a one of the speakers at the event “Fair Water: Tackling Global Water Challenges” organized by ICEX Spain Trade and Investments in collaboration with Spain’s Economic and Trade Office in Washington this week.
Almar Water Solutions, a leading company in the development of water infrastructure, through Abdul Latif Jameel Commercial Development Company Ltd., together with Marubeni Corporation, Acciona Agua and Rawafid Alhadarah Holding Co., has achieved the financial close for the Shuqaiq 3 desalination plant for a total value of more than 600 million dollars.
Almar Water Solutions (“Almar”), a leading water company in the region, announced that it has completed the acquisition of a Sewage Treatment Plant investment in Muharraq STP Company BSC (“MSC”) from Mubadala Infrastructure Partners (“MIP”), an emerging markets infrastructure fund manager.
Every minute, a million plastic bottles are purchased around the world, the equivalent to 20,000 plastic bottles per second. This number is estimated to increase by 20% by 2021, generating an immense amount of plastic waste. Less than half of the bottles purchased in 2016 were collected for recycling and just 7% of those collected were converted into new bottles.
The international water industry has met this week at the Global Water Summit in the Sofitel Heathrow Hotel, in London. Due to the pressing and growing need for capital to develop water infrastructures, financing and investment were the main themes of this summit.
Almar Water Solutions (“Almar”), a leading water infrastructure development company and part of Abdul Latif Jameel Energy, has formed a joint venture with Hassan Allam Utilities (HAU), the utilities and investment arm of leading regional construction and engineering group Hassan Allam Holding (HAH).
Yesterday, Almar Water Solutions participated in the “Urban Water Summit” event organized by iAgua at the Roca Madrid Gallery, where issue number 22 of iAgua Magazine was released. The speakers at the event included Teresa Ribera, Spain’s Minister for Ecological Transition, and 10 experts who presented the best success stories in the area of water management in cities.
We deeply regret the loss of our colleague Jordi Dalmau, our Business Development Director for Latinamerica. He had just assumed with enthusiasm, as he had always done with all his international work assignments, the position of General Manager of the Mombasa desalination plant. Unfortunately, he was on the Ethiopian Airline flight 302 that crashed yesterday.
This week, Almar Water Solutions participated in the event The Fourth Africa Climate Resilience Investment Summit (ACRIS) held in Johannesburg, South Africa. This summit has become a platform for the governments of Africa, civil society, international financial organizations and the private sector to focus on the planning, design and implementation of investments in sectors that are sensitive to climate change, such as energy, water, transport, ecosystems and agriculture, among others.