WEB Aruba inks WaaS® BOOT agreement with Seven Seas Water Group

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From left to right Chad Schafer, SSWG CFO, Henry Charrabé, SSWG CEO, Evelyna C. Wever-Croes, Prime Minister of Aruba, Alfredo A. Koolman, WEB CEO, Lucia A. Werleman,
From left to right Chad Schafer, SSWG CFO, Henry Charrabé, SSWG CEO, Evelyna C. Wever-Croes, Prime Minister of Aruba, Alfredo A. Koolman, WEB CEO, Lucia A. Werleman,

Water-En Energiebedrijf Aruba (“WEB”) and Seven Seas Water Group (“SSWG”), a multinational provider of Water-as-a-Service® (WaaS®) solutions, jointly announced the signing of a 10-year Build-Own-Operate-Transfer (BOOT) Agreement. Seven Seas Water (Aruba) VBA will construct a new seawater reverse osmosis (“SWRO”) plant, contributing a total of a minimum of 16,500 cubic meters of daily drinking water per day. The new plant will be part of WEB’s long-term plan and the Water Roadmap to meet continued demand for water and will replace a temporary water production facility. SSWG was awarded the contract after a competitive tender process, which was issued in 2023. The new water plant will be located on WEB’s existing facilities and is scheduled to commence operations by mid-2026.

WEB Aruba and Seven Seas Water Group

WEB Aruba CEO, Mr. Alfredo A. Koolman, commented on the significance of this agreement, stating, “This project represents a key milestone for both WEB and Aruba. It will significantly enhance our water production capacity, ensuring that we can meet the current and future demand for high-quality drinking water. We take great pride in supplying top-quality water to our residents and visitors, and this new plant will sustain our reliability and affordability. I would like to thank the WEB team for managing the selection process and working with SSWG on developing this project.”

Henry Charrabé, CEO of Seven Seas Water Group, expressed his excitement for collaborating with WEB Aruba, saying, “We are tremendously honored to have been chosen to provide reliable fresh drinking water to WEB Aruba on this landmark project. This significant project is one of the largest public desalination tenders in the Caribbean over the past decade. We are very impressed by WEB’s long-term vision and the team’s commitment to quality, safety, and reliability. Our long-term Water-as-a-Service® model perfectly aligns with WEB Aruba’s strategic objectives, and we are enthusiastic about strengthening our position as a robust and reliable local provider of desalinated drinking water in the region.”

Source

World Business Outlook 2024