November 2, 2020

(Tampa, Fla.) – Seven Seas Water, a multi-national provider of Water-as-a-Service® (“WaaS®”) solutions, today announced that it has acquired Aguas de Panama S.A. (“APSA”) and Sembcorp Investments Ltd (“SIL”), wholly-owned subsidiaries of Sembcorp Holdings Ltd.

With the acquisition of APSA, we will own and operate a 20 MGD (millions of gallons per day) conventional water treatment plant, intake pump station and raw water and distribution pipelines. The plant began operations in 2002, and under a thirty year concession contract with Insitituto de Acueductos y Alcantarillados Nacionales (IDAAN), the national water company of Panama, the plant extracts water from Lake Gatun, treats the water, then transports and delivers potable water to Nuevo Chorillo, approximately 12 miles from Panama City. The plant serves the Arraijan District with a population of approximately 420,000 residents.

Olaf N. Krohg, CEO of Seven Seas Water, commented: “We are very pleased to complete this transaction to add to our Latin American portfolio. We are looking forward to establishing ourselves in Panama and explore how we may be able to expand our role in serving the country’s water needs.”

About Seven Seas Water

Seven Seas Water offers WaaS® solutions by providing outsourced water treatment, wastewater treatment and reuse solutions for governmental, municipal, industrial, property developer and hospitality customers. Our water treatment solutions utilize seawater reverse osmosis and other purification technologies to produce potable and high purity industrial process water in high volumes for customers operating in regions with limited access to potable water. Our wastewater treatment and reuse solutions include scalable modular treatment plants, field-erected treatment plants and temporary bypass plants that are used by our customers to treat and convert wastewater into effluent or reclaimed water prior to being released back into the environment. Some of our wastewater and reuse solutions are provided by AUC Group, our Houston, TX based subsidiary. Seven Seas Water is a portfolio company owned by investment funds managed by Morgan Stanley Infrastructure Partners.

About Morgan Stanley Infrastructure Partners

Morgan Stanley Infrastructure Partners is a leading global infrastructure investment platform. Founded in 2006, MSIP has made 30 investments across three global funds with more than $13 billion in capital commitments, and most recently raised $5.5 billion for its third global infrastructure fund. For further information about Morgan Stanley Infrastructure Partners, please visit www.morganstanley.com/im/infrastructurepartners.

For inquiries: info@7seaswater.com

Last week, in a move that caught most observers by surprise, the city of Alice selected Florida-based Seven Seas Water as its preferred bidder for a 3 MGD (11,355 m3/d), four-train brackish groundwater RO system that is to be delivered under a 15-year build-own-operate-transfer (BOOT) contract.

Read more in this week’s Water Desalination Report.

August 24, 2020

(Tampa, Fla.) – Seven Seas Water, a multi-national provider of Water-as-a-Service® (“WaaS®”) solutions, today announced that it was selected by the Alice, Texas, City Council as the winning bidder for their Alternate Groundwater Delivery Request For Proposal (RFP) on August 18, 2020.

Seven Seas Water will finance, design, build, own, operate and maintain a Brackish Water Reverse Osmosis (BWRO) plant on land owned by the City.  At the end of the initial 15-year contract term, the City will assume ownership of the plant in full operating condition at no additional cost.  Seven Seas Water believes this to be the first Public Private Partnership (P3) desalination plant in the state of Texas.

Olaf N. Krohg, CEO of Seven Seas Water, commented: “We are thrilled to be selected to install a BWRO desalination plant for the City of Alice.  Our Water-as-a-Service® partnership model is ideal for a public-private partnership that aligns our interests with those of our clients, providing a reliable and affordable water supply.  Our technology agnostic cost-effective delivery model guarantees the price for water, and our team’s industry-leading operations and maintenance experience with desalination plants is what ultimately led to the project award.  We look forward to breaking ground soon.”

Alice City Manager Michael Esparza states “Seven Seas Water has a proven track record owning and operating desalination plants.  Their low-cost solution removes risk from our taxpayers and allows the city to better navigate our budget during these uncertain times.”

House Environmental Regulation Chairman J.M. Lozano commented: “I have worked with Seven Seas Water at the capitol on water issues important to Texas.  Bringing private sector expertise to the Texas water market is what we need to increase our water supplies.  Welcome to Texas, Seven Seas Water!”

Quick Facts:

 

About Seven Seas Water

Seven Seas Water is a portfolio company owned by investment funds managed by Morgan Stanley Infrastructure Partners (“MSIP”). Seven Seas Water offers WaaS® solutions by providing outsourced water treatment and wastewater treatment and reuse solutions for governmental, municipal, industrial, property developer and hospitality customers.  Our water treatment solutions utilize seawater reverse osmosis and other purification technologies to produce potable and high purity industrial process water in high volumes for customers operating in regions with limited access to potable water.  Our wastewater treatment and reuse solutions include scalable modular treatment plants, field-erected treatment plants and temporary bypass plants that are used by our customers to treat and convert wastewater into effluent or reclaimed water prior to being released back into the environment. Some of our wastewater and reuse solutions are provided by AUC Group, our Houston, TX based subsidiary. Through AUC Group Seven Seas Water owns over 100 decentralized wastewater systems in Texas.

About Morgan Stanley Infrastructure Partners

Morgan Stanley Infrastructure Partners is a leading global infrastructure investment platform. Founded in 2006, MSIP has made 30 investments across three global funds with more than $13 billion in capital commitments, and most recently raised $5.5 billion for its third global infrastructure fund. For further information about Morgan Stanley Infrastructure Partners, please visit www.morganstanley.com/im/infrastructurepartners.

 

For inquiries please contact: info@7seaswater.com

 

The carve-out of AquaVenture’s Seven Seas Water business allows the desalination and wastewater treatment company to chart its own course as a stand-alone private entity. It has the deep pockets of Morgan Stanley Infrastructure Partners at its disposal.

Read more

March 30, 2020

(Tampa, Fla.) – Seven Seas Water, a leader in Water-as-a-Service® (“WaaS®”) solutions, today announced that it has been acquired by funds managed by Morgan Stanley Infrastructure Partners (“MSIP”). Seven Seas Water is a former operating segment of AquaVenture Holdings Limited (NYSE:WAAS), which was acquired by Culligan earlier today.

Olaf N. Krohg, CEO of Seven Seas Water, commented: “We are excited to announce that Seven Seas Water is now partnered with a strong infrastructure investor that recognizes the value of our services and solutions through our water treatment operations and our wastewater treatment and reuse assets. Under this new ownership, Seven Seas Water will be backed by a partner that shares our ambitious growth strategy and supports our continued focus on providing world-class service and operating expertise for our customers.”

About Seven Seas Water

Seven Seas Water offers WaaS® solutions by providing outsourced water treatment and wastewater treatment and reuse solutions for governmental, municipal, industrial, property developer and hospitality customers.  Our water treatment solutions utilize seawater reverse osmosis and other purification technologies to produce potable and high purity industrial process water in high volumes for customers operating in regions with limited access to potable water.  Our wastewater treatment and reuse solutions include scalable modular treatment plants, field-erected treatment plants and temporary bypass plants that are used by our customers to treat and convert wastewater into effluent or reclaimed water prior to being released back into the environment. Some of our wastewater and reuse solutions are provided by AUC Group, our Houston, TX based subsidiary.

About Morgan Stanley Infrastructure Partners

Morgan Stanley Infrastructure Partners is a leading global infrastructure investment platform. The team has a proven and disciplined approach to investing in infrastructure assets globally. MSIP recently announced $5.5 billion raised for North Haven Infrastructure Partners III, its third global infrastructure fund. For further information about Morgan Stanley Infrastructure Partners, please visit www.morganstanley.com/im/infrastructurepartners.

 

For inquiries:  info@7seaswater.com

View source version on businesswire.com:  https://www.businesswire.com/news/home/20200330005413/en/Seas-Water-acquired-Morgan-Stanley-Infrastructure-Partners

 

 

Aug 26, 2019

TAMPA, Fla.–(BUSINESS WIRE)– Seven Seas Water, an operating segment of AquaVenture Holdings Limited (NYSE: WAAS) (“AquaVenture” or the “Company”), a leader in Water-as-a-Service® (“WAAS®”) solutions, today announced that it has extended its agreement with its customer in The Bahamas by 9 years. Under this agreement, the Company will continue delivering potable water and wastewater treatment services to the Emerald Bay development in Great Exuma, The Bahamas. In addition, the Company will be performing certain equipment upgrade services for the customer.

Olaf N. Krohg, CEO of Seven Seas Water, commented: “We are pleased to announce the execution of this agreement, which extends our relationship with a valued customer we have served since 2009. This is our second contract extension and exemplifies the long-term relationships we seek to develop with our customers. We look forward to continuing to provide high levels of service under this contract for the next decade.”

About AquaVenture

AquaVenture is a multinational provider of WAAS® solutions that provide customers a reliable and cost-effective source of clean drinking and process water primarily under long-term contracts that minimize capital investment by the customer. AquaVenture is composed of two operating platforms: Quench, a leading provider of filtered water systems and related services with approximately 150,000 units installed at institutional and commercial customer locations across the U.S. and Canada; and Seven Seas Water, a multinational provider of desalination and wastewater treatment solutions, providing more than 8.5 billion gallons of potable, high purity industrial grade and ultra-pure water per year to governmental, municipal, industrial and hospitality customers.

About Seven Seas Water

Seven Seas Water offers WAAS® solutions by providing outsourced desalination, wastewater treatment and water reuse solutions for governmental, municipal (including utility districts), industrial, property developer and hospitality customers. Our desalination solutions utilize seawater reverse osmosis and other purification technologies to produce potable and high purity industrial process water in high volumes for customers operating in regions with limited access to potable water. Our wastewater treatment and water reuse solutions include scalable modular treatment plants, field-erected treatment plants and temporary bypass plants that are used by our customers to treat and convert wastewater into effluent or reclaimed water prior to being released back into the environment.

 

investors@aquaventure.com

Investors Hotline: 855-278-WAAS (9227)

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20190826005162/en/

Source: AquaVenture Holdings Limited

The Summer issue of IDA Global Connections shines the spotlight on two of IDA’s flagship events: the upcoming 2019 IDA World Congress, which takes place in Dubai on October 20-24, and our recently held Action4Good International Conference. Both events demonstrate IDA’s longstanding commitment to providing a world-class platform for sharing ideas, increasing knowledge and bringing together members of the global advanced water treatment industry to lead efforts to create sustainable water resources now and in the future. Also, you will find numerous articles highlighting insights from experts in our community.

View Here

TAMPA, Fla.–(BUSINESS WIRE)– Seven Seas Water, an operating segment of AquaVenture Holdings Limited (NYSE:WAAS) (“AquaVenture” or the “Company”), a leader in Water-as-a-Service™ (“WAAS™”) solutions, today announced that it has amended its agreement with Limetree Bay Terminals in the U.S. Virgin Islands to supply water under a five-year contract. Water production will be provided up to a design capacity of 1.7 million gallons per day using both existing and new equipment. The existing contract, which was set to expire in December 2021 and provided water up to a design capacity of 0.7 million gallons per day, will be transitioned into the new contract upon the commissioning of the plant expansion.

Olaf Krohg, CEO of Seven Seas Water, commented: “We are excited to announce the execution of this agreement, which extends our relationship with a valued customer and expands our water production significantly to accommodate increasing demand. We continue to look for these types of organic growth opportunities that strengthen and extend our relationships with our existing customers.”

About AquaVenture

AquaVenture is a multinational provider of WAAS™ solutions that provide customers a reliable and cost-effective source of clean drinking and process water primarily under long-term contracts that minimize capital investment by the customer. AquaVenture is composed of two operating platforms: Quench, a leading provider of filtered water systems and related services with over 140,000 units installed at institutional and commercial customer locations across the U.S. and Canada; and Seven Seas Water, a multinational provider of desalination and wastewater treatment solutions, providing more than 8.5 billion gallons of potable, high purity industrial grade and ultra-pure water per year to governmental, municipal, industrial and hospitality customers.

About Seven Seas Water

Seven Seas Water offers WAAS™ solutions by providing outsourced desalination, wastewater treatment and water reuse solutions for governmental, municipal (including utility districts), industrial, property developer and hospitality customers. Our desalination solutions utilize seawater reverse osmosis and other purification technologies to produce potable and high purity industrial process water in high volumes for customers operating in regions with limited access to potable water. Our wastewater treatment and water reuse solutions include scalable modular treatment plants, field-erected treatment plants and temporary bypass plants that are used by our customers to treat and convert wastewater into effluent or reclaimed water prior to being released back into the environment.

investors@aquaventure.com
Investors Hotline: 855-278-WAAS (9227)

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20190314005128/en/

Source: AquaVenture Holdings Limited

AquaVenture Holdings is pleased to announce that we are a Shortlisted Nominee for Water Company of the Year at the Global Water Awards.  The winner will be announced April 9th at the Global Water Summit in London.

2019 Global Water Awards

 

PHILIPSBURG:— The Sundial school has become one of the first recipients of donations made by Seven Seas Water (St. Maarten) in 2019. Seven Seas Water’s Managing Director, Franklyn Richards recently presented a cheque to the school for its annual breakfast program. The program targets students whom are known to come to school on an empty stomach.

Accepting the donation, on behalf of the school were Mrs. Mireya Regales-Peterson, Sundial school director and two of the school’s students.

With the assistance of businesses such as Seven Seas Water, Sundial School is confident that a difference can be made in the lives of students in need. For many households the situation has only become a bit more challenging, ever since the passing of hurricanes Irma and Maria in 2017, says Seven Seas Water’s director Richards.

“This is not the first time Seven Seas Water has been able to assist Sundial in its pursuit to positively influence the lives of young people in need. As such, it’s a distinct privilege for our company to support Sundial school for a good cause, once more”, says Richards.

He added that Seven Seas Water continues a tradition, whereby the company is ready to assist institutions in projects which serve to facilitate the learning process for young St. Martiners, who at times need just that additional help to allow them to reach their full potential.