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 […]

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

Background to “Teshie Desalination Plant still off-line – water rationed” Ghana – Teshie / Nungua

The Public Utility Workers’ Union has expressed concern about the agreement between the Ghana Water Company Limited (GWCL) and Messrs Befessa, for the production of portable water from sea water for supply to Teshie Nungua and its environs in Greater Accra. A statement signed and issued by the General Secretary of PUWU, Mr Michael Adumatta Nyantakyi on Monday said the GWCL faces an imminent collapse as a result of the said agreement and therefore called on government to conduct a thorough investigation into the role played by public officials who negotiated the agreement.

 

The investigation, PUWU said would help to ascertain […]

Background to “Teshie Desalination Plant still off-line – water rationed” Ghana – Teshie / Nungua2017-11-23T18:41:46+01:00

Teshie Desalination Plant still off-line – water rationed Ghana – Teshie / Nungua

The Teshie Desalination Plant has been out of operation for the past couple of weeks as a result of some technical challenges. Due to the shutdown, the Ghana Water Company Limited (GWCL) is now rationing water to the people of Teshie and Nungua. The Public Relations Officer of GWCL, Stanley Martey, who confirmed the developments to Citi News, noted that water is now being supplied on Wednesdays, Saturdays and Sundays from Kpone. “We have a few challenges with the plant. We are trying to resolve it. But what we are doing now is to supply water to Teshie and Nungua […]

Teshie Desalination Plant still off-line – water rationed Ghana – Teshie / Nungua2017-11-23T18:41:32+01:00

Ghana Water buying desalinated water at about 1,25 €/mÂł from Abengoa sub company – Ghana – Teshie-Nungua

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The Ghana Water Company Limited (GWC) loses GHc 6 million monthly by operating the Teshie-Nungua Water Desalination Plant. Citi News checks indicate that that the GWCL makes payment of GHc 8 million a month to the financiers of the project, although it makes only GHc 2 million by supplying treated water from the plant. The plant has the capacity to desalinate 13 million gallons of seawater a day. More generally, desalination refers to the removal of salts and minerals from a target substance, as in soil desalination, which is an issue for agriculture. In this case however, saltwater is desalinated […]

Ghana Water buying desalinated water at about 1,25 €/mÂł from Abengoa sub company – Ghana – Teshie-Nungua2017-10-04T15:48:55+02:00
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