other material
confidence high
sentiment positive
materiality 0.65
Consolidated Water receives $6M Hawaii desalination LNTP and $10.1M Florida equipment orders
Consolidated Water Co. Ltd.
- Limited Notice to Proceed from Honolulu Board of Water Supply authorizes ~$6M for long-lead equipment for Kalaeloa desalination facility.
- Purchase orders from a Florida municipality for nanofiltration membrane equipment and horizontal cartridge filters total ~$10.1M.
- The $10.1M orders are the largest municipal membrane equipment order and largest horizontal cartridge filter order to date for the company.
- Delivery of Florida equipment is scheduled for November 2027; Hawaii project includes a 20-year O&M contract with extension options.