Almar Water Solutions acquires investment in Muharraq Sewage Treatment Plant in Bahrain

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Almar Water Solutions announced that it has completed the acquisition of a Sewage Treatment Plant investment in Muharraq STP Company BSC (MSC) from Mubadala Infrastructure Partners (MIP), an emerging markets infrastructure fund manager.

MSC has a 29-year concession to build, own and operate (BOO) a 100,000 cubic meters per day state of the art wastewater treatment plant and a sewer conveyance system in the Muharraq catchment area of the Kingdom of Bahrain. The conveyance system includes the first 16.5 km deep gravity sewer trunk pipeline in the GCC region and a wastewater collection network. The concession was signed with the Ministry of Works in 2011 and the facility commenced operations in 2014. According to the World Health Organization, 40% of wastewater in the MENA region goes untreated making this a critical sector for environmental sustainability. The project was developed in partnership with Samsung Engineering Ltd of Korea and United Utilities International Ltd of the United Kingdom.

This acquisition increases the Almar’s portfolio of wastewater and reuse assets, reinforcing its activity. This acquisition also provides Almar with an exceptional opportunity to contribute to the water sector’s development in Bahrain and all GCC countries. Recently Almar Water Solutions, through its parent company Abdul Latif Jameel, has been awarded a PPP contract to develop a desalination plant in the city of Shauqaiq, on the Red Sea coast of Saudi Arabia and another PPP contract to develop Kenya’s first large-scale desalination plant.

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