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Aqualia lands contracts in Spain worth over 162 million euro

13/01/2009

Aqualia lands contracts in Spain worth over 162 million euro

Aqualia was awarded five contracts In December in its various business lines; the contracts are in Nerja and Manilva (Málaga), Comillas (Cantabria), Linares (Jaén) and Adeje (Tenerife). The contracts are valued at more than 162 million euro.
 
 
Management of public water services
 
Nerja city government (Málaga) selected Aqualia for a public-private partnership (PPP) to manage municipal water and sewage services. Both parties will have a 50% stake in the PPP, denominated Aguas de Narixa.
 
The 25-year contract represents a backlog of 61 million euro and includes an investment of 6.9 million euro in infrastructure over its duration.
 
In Manilva (Málaga), Aqualia has been awarded the contract to manage municipal water supply and sewage systems. The contract represents a backlog of 45.3 million euro. During this 15-year contract, Aqualia will provide water services for the municipality's more than 11,000 inhabitants and invest 3 million euro in optimising water infrastructure and resources.
 
Comillas city government (Cantabria) has awarded Aqualia a 25-year contract to manage municipal water and sewage services. This contract represents a backlog of 13.9 million euro.
 

Water sport facilities
 
Linares city government has awarded Linaqua, a PPP in which Aqualia has a stake, the contract to manage and maintain the municipal swimming pool. The contract is valued at 9.9 million euro and is for 24 years, which is the term of Linaqua's contract as municipal water company.
 
 
Desalination plant construction and management
 
In Tenerife, Aqualia subsidiary Entemanser was awarded the contract to build a seawater desalination plant in La Caleta, Adeje municipality. Construction has already commenced and will be completed in 2010; together with the contract to manage the plant until 2025, it represents a backlog of 32 million euro.
 
The plant, which will boast cutting-edge technology in environmental preservation, is budgeted to cost 19 million euro. It will produce 10,000,000 litres of desalinated water daily, i.e. 40% of the municipality's total consumption.
 
In Spain, Aqualia has a 34% share of the outsourced water management market. The company provides water services in 1,100 municipalities to more than 26 million people. It also operates in Italy, Portugal, Algeria, Czech Republic, Poland, Mexico and China. In 2007, Aqualia was named "Water Company of the Year" by prestigious international magazine Global Water Intelligence, a fitting tribute to its track record and international scope. It was also awarded the Customer Service Leadership of the Year award by prestigious UK consulting firm Frost & Sullivan.