AquaVenture Holdings Limited, Florida, USA, about to purchase majority of Teshie-Nungua Desalination Plant of Abengoa’s subsidiary Befesa Desalination Developments Ghana Limited (BDDG)

AquaVenture Holdings Limited, a water solutions company based in Florida, United States of America, is set to purchase majority shares in the Teshie-Nungua Water Desalination Plant. According to available information, the transaction is structured as the purchase of the entire share capital of Abengoa’s subsidiary that holds a 56% economic interest in Befesa Desalination Developments Ghana Limited (BDDG), the Ghanaian company that owns the plant. According to PRNewswire, which broke the news on Thursday, “The base purchase price for this interest is approximately $26 million, subject to adjustment in accordance with the purchase agreement.” It adds that completion of [
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AquaVenture Holdings Limited, Florida, USA, about to purchase majority of Teshie-Nungua Desalination Plant of Abengoa’s subsidiary Befesa Desalination Developments Ghana Limited (BDDG)2018-03-01T14:03:24+01:00

Teshie, Nungua residents struggle for water – Ghana

Residents of Teshie, Nungua and other surrounding communities have expressed their dissatisfaction at the quality and consistency of water supply to the area following the shutdown of the desalination plant by the Ghana Water Company. According to them, they received water two or three days in a week and it comes at dawn making life unbearable for them. Others also complain bitterly about the quality of the water, lamenting that it has a brownish colour with an unpleasant smell and poses serious health risks to them. The Ghana Water Company directed the shutdown of the plant effective January 1, [
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Teshie, Nungua residents struggle for water – Ghana2018-02-02T13:53:35+01:00
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