Consolidated Water wins $20M desalination plant design-build-operate contract in Cayman Islands

Consolidated Water Co. Ltd.

Revenue expected ~$20M over 11.5-year term (Jan 2022 values).
Plant capacity: 2.64M gallons/day using two independent RO trains.
18-month construction; company sells plant to WAC, then operates for 10 years.
Majority of revenue from construction/sale in first 18 months; fees adjusted for inflation.
Completion expected Q4 2023; ninth desal plant built on Grand Cayman.

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