Italgas completes acquisition of Veolia’s water concessions in Italy, rebranding it as Nepta
Italgas has completed the acquisition of Veolia Environnement’s business unit responsible for water concessions in Italy. This acquisition marks Italgas’s expansion into the water sector and will be accompanied by a name change to Nepta.
The CEO, Paolo Gallo, emphasizes the need for a paradigm shift in water network efficiency and highlights the potential benefits of leveraging technology and expertise. The purchase price for the business unit is up to EUR 115 million, with certain objectives determining the payment structure.
Source: Italgas
Saudi’s SWPC announces financial close of Rabigh-4 Independent Water Plant
SWPC has announced the successful financial closure of Rabigh-4 Independent Water Plant project. The project will be built and operated by a consortium consisting of ACWA Power, Almoayyed Group, and Haji Abdullah Alireza Company. The project aims to produce potable water using reverse osmosis technology for the Makkah and Madinah regions in Saudi Arabia.
Despite global market conditions, the completion of the project demonstrates SWPC’s commitment to supporting investment projects and increasing private sector participation. The initiative aligns with Saudi Arabia’s Vision 2030 and will generate job opportunities while supporting local content.
Source: Saudi Water Partnership Company
Interior announces $65 million for six rural water projects
Secretary of the Interior Deb Haaland and Bureau of Reclamation Commissioner Camille Calimlim Touton recently announced $65 million in funding for rural water projects in fiscal year 2024 as part of President Biden’s Investing in America agenda. These investments will support ongoing and planned projects in several states, including Iowa, Minnesota, Montana, New Mexico, North Dakota, and South Dakota.
The Eastern New Mexico Rural Water System will receive $7 million to continue the construction of the Raw Water Pipeline No. 1, which will provide a critical water supply to around 70,000 people in the region.
The Jicarilla Apache Rural Water System in New Mexico will receive an additional $10 million to support the completion of project components. These investments reflect the administration’s commitment to ensuring that rural communities have access to clean and reliable water supplies, particularly in the face of severe drought conditions and climate change impacts.
Through the Bipartisan Infrastructure Law, the Bureau of Reclamation is investing a total of $8.3 billion over five years in various water infrastructure projects to enhance resilience and promote conservation and economic growth.
Source: U.S. Department of the Interior
Saudi Arabia’s Group Five secures $800 million contract for water transmission pipeline
Egypt to establish clean water projects worth $4.7 billion
ZwitterCo Launches Early Access Program For First Organic Fouling-Immune Reverse Osmosis Membrane
SUEZ and Vodafone partner on connectivity for next generation of smart water meters
SUEZ and Vodafone have formed a partnership to enhance smart metering network technology for water utilities. The partnership aims to provide a cost-effective Advanced Metering Infrastructure (AMI) using Narrowband Internet of Things (NB-IoT) technology.
The solution will offer comprehensive coverage and easy deployment for water companies, regardless of geographical characteristics. The collaboration also plans to streamline data sets and transmissions to make smart monitoring more accessible and cost-effective.
Source: SUEZ
WWTP market size is worth US$194.7bn in 2030, according to Adroit Market Research reports
Source:Adroit Market Research
Veolia and partners inaugurate Oman’s largest solar PV systems for desalination in the city of Sur
The EU will invest almost €200M in grants and loans for a desalination plant project in Jordan
The President of the European Commission, Ursula von der Leyen, welcomed H.M. King Abdullah II from Jordan to Brussels, and announced a significant EU support package for Jordan worth €902 million, consisting of grants and loans from the European Investment Bank.
The package includes various initiatives to improve education, technical training, promote cultural heritage and sustainable jobs in the tourism sector, provide education, social protection, and water and sanitation services to refugees and vulnerable host communities, promote private sector development and education for youth employment and skills development, support investments in Jordan’s water shortage, reduce water losses and improve water supply sustainability in Jordan, and promote energy efficiency and biogas production.
The EU and Jordan have reaffirmed their strong partnership guided by the new Partnership Priorities, with a focus on good governance, green transition and a resilient economy, and human development. The EU has allocated €364 million for bilateral cooperation with Jordan from 2021 to 2024 in these priority areas.
USBR announces $64M for new water conservation agreements to protect the Colorado River System
The Biden-Harris administration has announced $63.4 million in new investments to improve water conservation, efficiency, and environmental resource protection in the Colorado River System. Seven new system conservation agreements in Arizona will conserve up to 162,710-acre feet of water in Lake Mead through 2026. This will help protect Colorado River reservoir storage volumes amid persistent drought conditions driven by climate change.
The new conservation agreements build on the Biden-Harris Administration’s proposal to conserve at least 3 million-acre feet of Colorado River System water through the end of 2026.
Source: Bureau of Reclamation
Veolia unveils global AI solution for water, energy, and waste management revolution
Veolia is using artificial intelligence to drive ecological transformation in its water, energy, and waste businesses.
Through its digital solutions called “Hubgrade,” Veolia enables smart monitoring of water, energy, and waste production and consumption, helping cities and industries optimize resource management. Veolia has already achieved significant results, such as reducing energy costs, avoiding CO2 emissions, reducing water leakage, and improving waste recovery.
These solutions are now available globally to help customers preserve water resources, optimize energy production, deploy energy flexibility mechanisms, reduce building consumption, and improve waste recovery.
Source:Veolia
AfDB Climate Fund approves $18.3M for the construction of 3 desalination plants in Benin
The Canada-African Development Bank Climate Fund (CACF) has approved $36.3 million in concessional loans to two private sector operations in Africa to advance climate adaptation. $18.3 million will support the rehabilitation and expansion of the Port Autonome de Cotonou in Benin, while another $18 million will be used to build three seawater desalination plants in Morocco.
The CACF aims to provide concessional loans to eligible climate change projects in Africa, and has already approved $20.4 million for two other public sector climate-change related projects in Senegal and Nigeria. The CACF is proving to be an efficient and effective facility to deliver climate adaptation benefits at scale, helping to address the adaptation needs of vulnerable people and infrastructure in Africa.
Source:African Development Bank Group
AWPT wins $580 million contract from National Water Company
