Along with the expansion in production capacity, the company and WSC have agreed to extend the term of the original 20-year Blue Hill contract by about five years to 2031.
As per the deal, Consolidated Water will finance the design and construction of the reverse osmosis plant and will operate and maintain the expanded facility during the term of the extended agreement.
Consolidated Water CEO Rick McTaggart said that the economics of the Blue Hill facility should significantly benefit from the expansion in capacity and the five-year extension of the company’s contract with WSC.
"The capacity expansion is scheduled for completion in this year’s fourth quarter, following which the combined production capacity of our Blue Hill and Windsor plants in Nassau will approximate 14.6 million USgpd," McTaggart said.
