other material
confidence high
sentiment positive
materiality 0.75
Consolidated Water awarded $149.6M Hawaii desalination project with $2.7M annual O&M
Consolidated Water Co. Ltd.
- Kalaoloa Desalco LLC, indirect wholly-owned sub of CWCO, awarded contract by Honolulu BWS for Kalaeloa desalination facility in Oahu.
- Fixed design and construction fee $149,648,118; annual operation and maintenance fee $2,721,919.
- Project funded over multiple years, $60M in 2024; estimated completion in 2026.
- Definitive agreements not yet executed; working on prerequisites (bonds, insurance, approvals); no assurance of signing.