Consolidated Water Wins Two Major Contracts: One to Design an Advanced Water Reuse Facility in Arizona, Another to Provide Manufacturing and Installation Services for a 20 MGD Groundwater Treatment Facility in Florida

GEORGE TOWN, Cayman Islands (GLOBE NEWSWIRE) — Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, has been awarded two major contracts for water treatment facilities in Arizona and Florida.

The first contract was awarded to the company’s California-based subsidiary, PERC Water Corporation, which develops, designs, builds, operates and manages water infrastructure facilities in the Southwestern U.S. PERC currently operates two of the most advanced water reclamation facilities (WRF) in southern California. The new contract involves the design of a WRF in the city of Goodyear, Arizona for Liberty Utilities.

The design will include micro or ultra-filtration membranes to enhance biological wastewater treatment which reduce facility footprint while increasing the ability to treat more challenging influent and treat all influent to a higher quality level.

The facility will address the increasing demand in Liberty’s service territory in Goodyear and Litchfield Park, as both cities have experienced significant residential and commercial growth over the past decade.

PERC Water has been a part of Liberty’s efforts to build this new treatment facility since 2018. In 2017, PERC Water and Overaa Construction completed the expansion of Liberty’s Palm Valley Water Reclamation Facility also located in Goodyear.

“The new facility will help Liberty provide additional reclaimed water for important uses, such as irrigation, which will offset and conserve millions of gallons of potable water for human consumption and domestic purposes,” stated PERC Water President Nate Owen. “We look forward to continuing our business history with Liberty which dates back to 2002.”

For the second water project win, Aerex Industries, Consolidated Water’s specialty manufacturer of water treatment-related systems and products, was awarded a contract by the City of Port St. Lucie, Florida to replace membrane elements and upgrade equipment at the city’s 20 million gallons per day (MGD) J.E. Anderson Reverse Osmosis Water Treatment Plant. The facility treats groundwater from deep Floridan aquifer wells. This multi-phase project is expected to be completed by mid-2023.

The win builds upon a long-term relationship with the City of Port St. Lucie. When the city expanded the James E. Anderson Plant by 14 MGD in 2006, Aerex provided and installed seven 2.0 MGD reverse osmosis trains along with status panels, sample panels, and all stainless-steel piping.

“This latest project with the City of Port St. Lucie demonstrates the long-term relationships we have maintained with our customers,” stated Consolidated Water CEO, Rick McTaggart. “This win supports our efforts around further strengthening our municipality relationships and particularly with consulting engineers that advise these municipalities. In addition to taking greater advantage of Aerex’s engineering expertise and manufacturing capacity, we see such sales activity ultimately supporting additional revenue diversification and reduced customer concentration.”