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.
