Desalination project, Ghana

22nd March 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Desalination project, Accra, Ghana.

Client
Abengoa Water and Sojitz Corporation.

Project Description
The project involves the construction of a 60 000 m3/d capacity desalination plant that will supply water to Teshie, Tema and Nungua, on the outskirts of Accra.

Value
The project is estimated at $126-million.

Duration
Commercial operations are expected to start in 2014.

Latest Developments
Financial services provider Standard Bank has arranged an international financing package for the development of the desalination plant.

Abengoa and Sojitz will contribute equity funding to cover 30% of the project’s costs, with the bank providing the balance of the funding in the form of senior debt.

Key Contracts and Suppliers
Standard Bank (finance).

On Budget and on Time?
Not stated.

Contact Details for Project Information
Abengoa Water, tel +34 954 937 111, fax +34 954 691 803 or email abengoawater@abengoa.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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