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Almar Water Solutions attends Water Innovation Europe 2019

Almar Water Solutions took part in the Water Innovation Europe 2019 held last Wednesday in the BluePoint Conference Centre of Brussels, in Belgium. The event, with the slogan Water Meets Energy, Energy Meets Water, focused on the water-energy nexus and debated the following aspects:

  • What water services can learn from energy services to recognize the value of water for our society and economy.
  • The search for interdependencies between water and energy services.
  • How to build environments that will promote cross-fertilization in the management of both resources and how water services and energy services can join efforts to achieve a water-smart and energy-smart society.

Carlos Cosín, CEO of Almar Water Solutions, gave a presentation at session 1 entitled “The common challenges for water and energy”, in which he explained how the rise of non-conventional water sources such as desalination and reuse, combined with renewable energy, can cope with the growing demand for water and energy while helping to combat CO2 emissions and climate change. Moreover, Carlos pointed out that the energy consumption of water treatment plants is decreasing due to both the use of renewable energy and to improvements in the treatment technology.

Almar Water Solutions is already working on joint tenders for desalination plants with photovoltaic power plants to endow the water treatment process with clean energy. To do so, it relies on its sister company Fotowatio Renewables Ventures (FRV), a leader in providing integrated solutions for clean, renewable energy worldwide.

With more than 200 participants from across Europe in each edition, the annual WssTP Water Innovation Europe conference has become the most important European event in the water value chain. The event brings together scientists and technology developers, representatives of public and private utility companies, major water users, European authorities, civil society organizations and financial experts.

Due to its knowledge and experience and to driving the use of renewable energy for water treatment to improve the lives of millions of people while protecting the surroundings and the environment, Almar Water Solutions is fast becoming one of the main players in the water sector.

The international water industry meets at the Global Water Summit in London

The international water industry has met this week at the Global Water Summit in the Sofitel Heathrow Hotel, in London. Due to the pressing and growing need for capital to develop water infrastructures, financing and investment were the main themes of this summit.

Almar Water Solutions took part as the official Water Sponsor over the three-day event and Carlos Cosín, the company’s CEO, was member of two panels. The first was a workshop called “Delivering $0.40 Desalination”, with the participation of the CEOs of the leading water sector companies. Carlos made a presentation on improvements in desalination technology and the variation in rates from the 90s to the present day.

To conclude the event, Mr. Cosín was also on the closing session panel on Wednesday afternoon, in which three prestigious experts evaluated the trends and new opportunities facing the sector.

To round off the day, Almar Water Solutions announced the creation of a joint venture with Hassan Allam Utilities (HAU), the public service and investment unit of the leading regional construction and engineering group Hassan Allam Holding (HAH).This new partnership aims to develop BOT and BOO water projects in Egypt.

Almar Water Solutions, which has sponsored this event since its very foundation, has once again played a leading role and consolidated its position as one of the most influential and knowledgeable companies in the development and financing of water projects worldwide.

With the attendance of top managers, international companies and utilities, the Global Water Summit has become a flagship event for the water industry. We would like to congratulate all the companies that were distinguished in the Global Water Awards and to thank them for their contribution to the water industry.

 

Financing, risks and guarantees, focal points of the presentation by Almar Water Solutions at the Urban Water Summit

Yesterday, Almar Water Solutions participated in the “Urban Water Summit” event organized by iAgua at the Roca Madrid Gallery, where issue number 22 of iAgua Magazine was released. The speakers at the event included Teresa Ribera, Spain’s Minister for Ecological Transition, and 10 experts who presented the best success stories in the area of water management in cities.

Felipe Guinea, Director of Structured Finance of Almar Water Solutions, was one of the experts and gave a talk titled “New models for financing and management of the construction and operation of water infrastructure in cities”. Felipe presented the Mombasa desalination project, awarded last year to Almar Water Solutions, and which is currently in the financial close phase.

Felipe also explained the advantages and experience of the company in the development of customized financial models for each type of client and/or project. In particular, he emphasized the PPP model as a solution for regions with limited liquidity but large water needs. Lastly, he made a special mention of the risks, and indicated that project guarantees normally include a wide range of possible obligations, such as, lawsuits, regulations or payments due to contract termination.

As highlighted by iAgua, water management is one of the most important services for the correct functioning of cities, home to more than half of the world’s population. The development of the technology required to guarantee water security in cities has been extremely positive in recent years, in a context where the effects of climate change are becoming more and more evident. However, there are still some pending political, financial and social challenges that need to be addressed with determination.

Almar Water Solutions, thanks to its financial capacity and experience in all types of contracts, is able to successfully respond to all of the specific requirements of each project and geographic area. The company is also committed to always being present throughout the entire project cycle, from when the need for water supply arises, to the commissioning of the plant and subsequent maintenance.

 

Almar Water Solutions presents the opportunities of private capital for water infrastructure at ACRIS IV

This week, Almar Water Solutions participated in the event The Fourth Africa Climate Resilience Investment Summit (ACRIS) held in Johannesburg, South Africa. This summit has become a platform for the governments of Africa, civil society, international financial organizations and the private sector to focus on the planning, design and implementation of investments in sectors that are sensitive to climate change, such as energy, water, transport, ecosystems and agriculture, among others.

Manel Salvadó, Business Development Manager for Africa, was a speaker at session 2 on Tuesday titled “Managing Land & Water Resources in the Face of Climate Change”, in which he presented the opportunities of private investment to accelerate the development of water infrastructure in the countries of Africa. Manel also highlighted the difference between resilience and water crises, two concepts that are currently very relevant with completely distinct forms of management.

Currently, 40% of soil in Africa is degraded. According to the Food and Agriculture Organization of the United Nations (FAO), some 83% of Sub-Saharan African people depend on the land for their livelihood, and food production in Africa will have to increase almost 100% by 2050 to meet population demands. Millions of Africans still suffer from water shortages due to problems of uneven distribution and management of the existing supplies. One example of the disparity in water availability is the Congo Basin, where 30% of the continent’s water drains through lands that are inhabited by just 10% of Africa’s population.

The fourth Africa Climate Resilience Investment Summit (ACRIS) included collaboration and participation by the Africa Climate Resilient Investment Facility (AFRI-RES), the African Union Commission (AUC), the African Development Bank (AfDB) and the World Bank.

Almar Water Solutions, which has offices in South Africa, is aware of the great water needs of Sub-Saharan Africa, and it is one of the large geographical areas where it is focusing its business development area. As a result, the company was recently awarded a contract in Mombasa for the first large-scale desalination plant in Kenya, with a daily capacity of 100,000 cubic meters of drinking water. The project will supply drinking water to more than one million people and will be managed and operated for 25 years under a BOT scheme.

Water and financing in the Middle East, focus of the presentation by Almar Water Solutions at AMWAJ 2018

Almar Water Solutions was one of the strategic partners of the AMWAJ 2018 held in Barcelona, Spain, from 28 to 30 October, and it participated by giving a presentation focused on financing models for water projects in the Middle East. The forum served as a showcase for innovative projects that are shaping the water industry and that are effectively influencing the formulation of policies aimed at promoting sustainable development in the Mediterranean area.

José Ignacio de la Fuente, Business Development Director for the Middle East, was one of the panelists on day two of the event with a presentation titled “Approaches of the governments of the Middle East regarding pressure on water resources of the region”, in which he highlighted the high demand for water resources in the area of the Middle East and the financing mechanisms needed to develop projects to satisfy that demand.

Population growth, development of industry and tourism, and the increase in energy production have generated an increasing impact on water. For this reason, new, non-conventional sources of water are needed to respond to the water needs in terms of quantity and quality for all sectors.

AMWAJ stands for “A Mediterranean Water And Journalism” Forum for Sustainable Development. In Arabic, the word AMWAJ is translated as “waves”, in this context referring to waves of water and energy, the flow of history through the sea, the movement of people and goods, the positive impact of investment and the construction of a joint driving force. The 2018 edition of AMWAJ brought together the public and private sectors, leaders in environmental sustainability, entrepreneurs and the communication media to create a socially-responsible community aware of the value of water and its socio-economic repercussions.

Almar Water Solutions has a special interest in investing and working to solve the water problems of the Mediterranean zone. In addition to being a region of great geographical importance, the Mediterranean is a zone that suffers from scarcity and insufficient infrastructure to satisfy the water needs of its population. Almar Water Solutions offers customized technological solutions, developing plants for desalination, drinking water treatment, wastewater treatment and water regeneration to improve the lives of millions of people.

Almar Water Solutions explains its project financing model at the Africa PPP Conference & Showcase

Almar Water Solutions was an official sponsor of the tenth edition of the Africa PPP Public-Private Partnerships Conference & Showcase event held from 24 to 26 October in Cape Town, South Africa. The conference, which was attended by representatives of thirty-one countries, focused on project development under the concession model in the transport, energy and water sectors.

In the water area, Manel Salvadó, our Business Development Manager for Africa, took part in a session on Thursday 25th entitled “Water Partnerships – Solutions Improving Water Security – Bulk Water Projects”. The panel members discussed the opportunities provided by public-private agreements to develop safe water infrastructures and thus enhance the quality of life of the citizens of Africa.

Manel pointed out that a better water infrastructure network will increase the overall value of Africa while accelerating its economic development and that the best investment model is the one that is in line with international standards.

Almar Water Solutions, which has offices in South Africa, has a strong commitment to Africa, a continent that poses significant challenges in the water sector due to its population growth, advances in economic development and the effects of climate change. According to the recent 2018 African Economic Outlook report, the infrastructure gap is even wider than previously estimated. The deficit, which now stands at between 130 and 180 billion dollars, indicates a shortfall of between 68 and 108 billion dollars.

The Africa PPP Public-Private Partnerships Conference & Showcase event brought together governmental bodies and PPP departments, with project developers, financiers, multilateral institutions, legal advisors and other stakeholders. The program focused mainly on water, energy and transport infrastructure projects because these sectors have the most direct impact on developing economies, sustainable development, industrialization and cross-border trade.

Almar Water Solutions participates in the ALADYR International Congress

Almar Water Solutions took part as both a sponsor and speaker in the ALADYR International Conference held from 9 to 11 October in Santiago de Chile, Chile. With the slogan “Water to Latin America”, the event brought together more than 450 people and 150 companies, all experts in desalination, reuse and water and effluent treatment.

Carlos Cosín, the CEO of Almar Water Solutions, led the plenary session “International Desalination and Reuse Forum. A sustainable future”, where the leaders in the industry debated the state of these technologies, their regulation and the most notable projects. Carlos emphasized that Latin America has been focusing for years on desalination and reuse for the production processes of different industrial sectors such as mining, but that these unconventional water sources are now increasingly being applied for municipal uses.

Almar Water Solutions also officially sponsored the event with a very interesting activity: the distribution of USB drives to those in attendance with the corporate information on the company and its parent company, Abdul Latif Jameel. Almar Water Solutions currently has an office in Santiago de Chile to respond to water challenges in Latin America in both the municipal and industrial sectors.

ALADYR is a private non-profit organization whose purpose is to foster actions and initiatives that promote water reuse, treatment and desalination as pertinent options for sustainable and environmentally-friendly use of this resource. Under this premise, the events at ALADYR are aimed at professional training, updating content, spreading knowledge and experiences through technical presentations. Almar Water Solutions supports initiatives such as this one from ALADYR to promote the use of sustainable water technologies that improve the quality of life for citizens and promote economic development.

Successful participation by Almar Water Solutions at the Global Water Summit 2018

This week, Almar Water Solutions took part in one of the leading events in the water sector, the Global Water Summit 2018. The company, which participated for the second year in a row, was the official water sponsor of the event and provided water for all those in attendance for three days. Also, Carlos Cosín was a member of the panels during the conferences on day two of the event.

The arrival of new technologies, companies and financing sources is eliminating the limits of the water sector and is driving the global water industry to connect, innovate and transform the way to do business. This was part of the speech given by Carlos Cosín, who was a speaker at the session titled “Finance – Water Finance Council: Better Collaboration”. In his presentation, he described the financing gap that exists between the private and public sectors, and how the arrival of private companies has changed the way in which macro projects in the water sector are financed. Along with Carlos, other companies such as fWE, organizations such as the Organisation for Economic Co-operation and Development, and public representatives such as the governor of Mombasa county in Kenya were also present.

Other workmates from Almar Water Solutions also attended the Global Water Summit to network with other companies and clients and to get a first-hand understanding of the news in the sector and the new technologies related to water. They all had the opportunity to enjoy the water that Almar Water Solutions provided and sponsored over the three days of the event.

Almar Water Solutions, faithful to the Global Water Summit event, played a key role and highlighted its solutions for the design, development, financing, operation and maintenance of water infrastructure for both the municipal and industrial sectors.

Water and climate change, main lines of Almar Water Solutions’ presentation at the Climate & Water Summit

On 20 March Almar Water Solutions took part in the “Climate & Water Summit” event organized by iAgua Magazine at the Círculo de Bellas Artes in Madrid, Spain. Our CEO, Carlos Cosín, gave a presentation entitled “Unconventional Water Tendencies as Solutions to Climate Change”.

He began by reminding the audience of some relevant data: last year, according to the World Meteorological Organization (WMO), the atmospheric concentration of CO2 reached 403.3 parts per million (ppm), the equivalent of 145% of the pre-industrial levels prior to 1750. Moreover, according to a study from the University of Washington there is only a 5% chance that global warming will not exceed 2 ºC and 1% that the temperature will be reduced by 1.5 ºC, the target set by 195 countries in the 2015 Paris Agreement. These data are extremely alarming for the planet’s sustainability and thus for the peaceful coexistence of its inhabitants.

Carlos went on to develop his thesis that the water desalination and reuse technologies are a competitive, sustainable solution to the problems raised by climate change. He emphasized the fact that membrane technology, especially reverse osmosis which has achieved reductions in the order of 3.5 to 4 kwh/m3, is successfully reducing energy consumption, a critical parameter for these solutions.

Lastly, Carlos explained that the combination of these technologies with renewable photovoltaic energy production and current market prices provide a clearly sustainable option that would significantly reduce water rates and also enable emission-neutral production.

The Climate & Water Summit brought together the leading companies in the water sector and public and private organizations that develop projects and solutions to combat and mitigate the effects of climate change. The Spanish Government’s climate change policies and their relationship with water resources were also presented.

Almar Water Solutions, very active in this type of forum, is a company specializing in the development, promotion, financing, design and operation of water infrastructures, with a firm commitment to building a better world through innovative solutions to address water challenges and climate change.

Almar Water Solutions participates in the META Projects event: Investment, Financing and Delivery

This week, Almar Water Solutions attended the event META Projects: Investment, Financing and Delivery that was held on 1 and 2 November at Le Meridien Hotel & Conference Centre in Dubai. José Ignacio de la Fuente, Middle East Business Development Director, participated as a speaker in the panel titled “Uncovering the potential of water and wastewater projects in the META Region: Lesson learning and financing strategies”. The following questions were debated during the panel discussion:

  • What projects will be key in the Middle East region in 2017-2018? And in Sub-Saharan Africa? And in Turkey?
  • Unlocking the key to success: What lessons can we learn from success stories in water and wastewater projects in the Middle East and in solar projects in the United Arab Emirates?
  • What is the list of solar projects for the region for 2018?
  • How can these projects be financed? What financial challenges do they pose?
  • What is happening in new areas, such as installations that combine solar energy and desalination, or the financing of irrigation projects?

In his presentation, José Ignacio explained that the search for new unconventional water sources to minimize impact and provide a constant, safe and continuous source is essential for the development of the Middle East region. He also mentioned that Almar Water Solutions, together with Fotowatio Renewable Ventures (FRV), have the capacity to offer customized solutions and future developments to successfully address the growing demand for energy and water in the Middle East. The combination of the two companies makes it possible to reduce costs and increase the availability of both vital resources in the area.

META Projects brought together more than 500 government officials, directors of public service enterprises, developers, financiers and investors to discuss the latest market trends and opportunities for projects throughout the Middle East, Turkey and Africa. This event provided a unique opportunity to hear from decision-makers and obtain exclusive information on the risks and benefits of each project, in order to better focus their short, middle and long-term business strategies.