Poseidon Water

  • Home
  • What We Do
    • Overview
    • Partnership Approach
  • Desalination
    • Overview
    • Desal 101
    • Environmental Stewardship
    • Cost Trends
    • Process FAQs
  • Projects
    • Overview
    • Carlsbad Desal Plant
  • Market Regions
    • California
    • Florida
    • Texas
  • News and Events
  • Company
    • Overview
    • Management
    • Contact
  • Home
  • What We Do
    • Overview
    • Partnership Approach
  • Desalination
    • Overview
    • Desal 101
    • Environmental Stewardship
    • Cost Trends
    • Process FAQs
  • Projects
    • Overview
    • Carlsbad Desal Plant
  • Market Regions
    • California
    • Florida
    • Texas
  • News and Events
  • Company
    • Overview
    • Management
    • Contact

News & Events

Positive Operating Performance Boosts Desal Plant Bond Rating

10/24/2019

0 Comments

 
Facility ownership transfer approved by Water Authority Board; Poseidon to continue plant management
 
Carlsbad, Calif. (October 24, 2019) – Bonds from the Carlsbad Desalination Plant and pipeline were upgraded to BBB and given a stable outlook in a new report from Fitch Ratings, affirming the project’s sound management and its ability to provide a stable, reliable source of drinking water to the San Diego region. As the largest, most technologically advanced and energy-efficient plant of its kind in the nation, the Claude “Bud” Lewis Carlsbad Desalination Plant’s stability stems from an effective collaboration between Poseidon Water and the San Diego County Water Authority.
 
That partnership will continue under a transfer of ownership from Orion Water Partners to Aberdeen Standard Investments approved Thursday by the Water Authority’s Board of Directors. The transfer – made public in June – will not alter day-to-day operations at the Carlsbad facility or create a fiscal impact to the Water Authority.


Read More
0 Comments

U.S. EPA to Provide $585 million for Climate-Resilient Huntington Beach Seawater Desalination Plant

10/22/2019

0 Comments

 
Finance Program Will Reduce Ratepayer Water Costs; Support 3,000 jobs during Construction
 
HUNTINGTON BEACH, CA (October 22, 2019) – Poseidon Water released the following statement in response to today’s announcement that the U.S. Environmental Protection Agency has selected the proposed Huntington Beach Desalination Project to apply for $585 million in credit assistance under the federal government’s Water Infrastructure Finance and Innovation Act (WIFIA).
​
“We are pleased by the U.S. EPA’s acknowledgment that the Huntington Beach Desalination Project is an environmentally sound, regionally significant project that will produce clean, safe drinking water and high-quality jobs,” said Poseidon Water CEO Carlos Riva. “WIFIA will make a tangible difference for Orange County, providing ratepayers with affordable water that is locally controlled and climate resilient.  The program is an excellent example of how the federal government can foster Public-Private Partnerships that modernize our nation’s water infrastructure.” 

Read More
0 Comments

    Media Contact

    ​
    Jessica H. Jones

    ​Director of Communications
    Poseidon Water
    (760) 655-3998

    Contact

    Categories

    All
    Awards & Accolades
    California Projects
    Claude "Bud" Lewis Carlsbad Desalination Plant
    Huntington Beach Desalination Plant
    In The News
    Press Releases

    Archives

    March 2020
    October 2019
    September 2019
    February 2019
    October 2017
    June 2017
    April 2017
    December 2016
    July 2016
    June 2016
    April 2016
    March 2016
    January 2016
    December 2015
    November 2015
    September 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    October 2014
    January 2014
    November 2013
    July 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    August 2012
    March 2012
    September 2011
    August 2011
    February 2011
    June 2010
    November 2009

    RSS Feed

Home | What We Do | Desalination | Our Projects | Market Regions | News & Events | Company | Contact | Privacy Policy
©Poseidon Water. All rights reserved. Admin.