Almar Water and HA Utilities BV take ownership of desalination plants in Egypt
24 October 2020 | Source: Utilities Middle East
Industry title Utilities Middle East features the news that Almar Water Solutions, Abdul Latif Jameel Energy’s dedicated water solutions unit, and HA Utilities BV (HAU), part of Hassan Allam Holding (HAH), have finalized a deal with the Ridgewood Group, taking ownership of assets with a total desalination capacity of 82,440 cubic meters of water per day, from 58 desalination plants located across Egypt.
The deal was closed under the joint venture between Almar Water Solutions and HA Utilities BV, announced in 2019, and created to provide sustainable water infrastructure solutions to both municipal and industrial clients across Egypt.
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