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Fleunce signs US $10M deal to build Brazil’s largest desalination plant

Consumer Discretionary, Finance
ASX:FLC      MCAP $182.9M
12 May 2019 23:04 (AEST)

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Fluence Corporation Limited, a global leader in mid-sized, decentralized water and wastewater solutions, has just signed a US$10 million contract for the design, engineering and construction of a 12,000 m3/day seawater desalination plant.

This plant will be located at the customers’ steel production facility in eastern Brazil, with construction to begin in the second quarter of 2019.

FLC has over 30 years of experience in the financing, design, construction, and operation of desalination plants. The company’s desalination solution provides decentralized, pre-engineered and custom-designed desalination plants that deliver safe drinking water and high-quality process water to industrial operations.

FLC’s solution was chosen by the customer to address water security and reduce dependence on the local utility. During water crises over the past few years, the state-owned utility has reduced water delivery to customers by up to 30 per cent. In light of this, the desalination plant will be designed for modular expansion to 24,000 m3/day and 36,000 m3/day. It will be the largest desalination plant in Brazil.

“This project is Fluence’s largest project to date in Brazil and provides another valuable reference site. Brazil is one of our key focus markets, as Fluence enhances its footprint as the leader in decentralized water and wastewater treatment markets with local expertise. We are pleased that this important repeat international customer is once again placing their faith in Fluence’s team of engineers, and we look forward to continuing to jointly grow the relationship across their global operations,” Fluence Managing Director & CEO, Henry Charrabé said.

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