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| Abengoa, ACS and Sacyr Vallehermoso to construct Algerian plants The Spanish groups Abengoa, ACS and Sacyr Vallehermoso have successfully closed a financing agreement for the design, construction, financing and operation for 25 years of the seawater desalination plant in Beni-Saf, Algeria. The consortium also closed an agreement for the expansion of the Temclem-Hounaine plant. Financing for this project is expected to be closed in September. In 2004, the Geida Consortium formed by the companies Befesa and Codesa, which are both owned by Abengoa; Cobra-Tedagua, of ACS; and Sadyt, of Sacyr Vallehermoso, was awarded the construction and operation of another desalination plant in Skidda, Algeria, under a 25-year concession. This plant is currently under construction. A total investment of 460 million dollars is required for these three plants, and once they begin operating, the Spanish consortium will have installed capacity in Algeria to produce 500,000 cubic metres of desalinated water. write your comments about the article :: © 2006 Construction News :: home page |