A consortium consisting of FCC Aqualia, Haaco and Alfanar has submitted a bid on December 15, 2019, for the Jubail 3A independent water project in north-east Saudi Arabia, tendered by the Saudi Water Partnership Company (SWPC). The project will have a desalination capacity of 600,000 m3/day and will be operated under a 25-year concession. Shortlisted developers are expected to be announced by  January 15, 2020, with financial close anticipated to occur on 1 June 2020.

Operis was pleased to provide model due diligence services for FCC Aqualia, Haaco and Alfanar.

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