CONSOLIDATED WATER AND PERC WATER WIN $204 M CONTRACT TO BUILD A DESALINATION PLANT IN HAWAI

Consolidated Water, a leading developer and operator of advanced water supply and treatment plants, announced its indirect subsidiary, Kalaeloa Desalco LLC (which is jointly owned by the company’s wholly-owned subsidiaries PERC Water Corporation and Consolidated Water U.S. Holdings, Inc.), has signed a definitive agreement (DBOM Agreement) with the Honolulu Board of Water Supply (BWS) to design, build, operate and maintain a seawater reverse osmosis desalination plant. Consolidated Water has separately guaranteed the performance of Kalaeloa Desalco to BWS for the term of the DBOM Agreement.

The plant will be located in the Kalaeloa Regional Park District on the Island of O’ahu in Hawaii and situated on the site of the former Barbers Point U.S. Naval Air Station.

Kalaeloa Desalco will develop, permit, pilot, design and construct the facility during the first 44 months of the DBOM Agreement. The plant will be capable of producing potable water