Seven Seas Water Group, a multi-national provider of Water-as-a-Service® (“WaaS®”) solutions, said it was very proud of the initiation of the scholarship fund for Sint Maarten, the Desalination Resource Development Program (DRDP).
“We are extremely proud to launch this developmental program and further invest in the community,” says Henry Charrabé, CEO of Seven Seas Water Group. “Our company and the government of Sint Maarten share the same vision of growing and supporting local capacity by investing in the people. We look forward to executing the operational plan and opening registration to the citizens.”
Read the full article here.
The former Fluence Corp. CEO will have to steady the ship at Seven Seas Water following recent leadership departures, while delivering on the growth ambitions of Morgan Stanley Infrastructure Partners.
Read the full article in Global Water Intelligence Magazine: Vol 22, Issue 10.
September 24, 2021
(Tampa, Fla.) – The City of Alice, Texas and Seven Seas Water Group, a multi-national provider of Water-as-a-Service® (“WaaS®”) solutions, today announced that they have successfully executed a contract for the construction of a Public-Private Partnership brackish water desalination plant to provide fresh drinking water to the residents of the City of Alice, Texas. This is the first Public-Private Partnership to construct a brackish water treatment plant in the state of Texas. Seven Seas Water Group will finance, design, build, operate and maintain a Brackish Water Reverse Osmosis (BWRO) plant on land owned by the city.
“We are elated to begin construction on this important project with the City of Alice,” said Henry Charrabé, CEO of Seven Seas Water Group. “Our Water-as-a-Service® solution will insure a reliable and affordable source of water for the city. We are proud to provide a new source of fresh, drinking water for the citizens that is effective and cost efficient. This model of a public-private partnership is the blueprint to help resolve the water and wastewater infrastructure challenges and backlog in the United States. We very much look forward to installing our first Texas BWRO plant.”
Alice City Manager Michael Esparza noted, “The Seven Seas Water Group WaaS® approach offers an all-inclusive service package with no upfront capital investment, removing the unnecessary burden on taxpayers. We are pleased with the final contract and the price and solution offered by Seven Seas Water Group to provide clean water for our community.”
“I’m honored to have worked with Seven Seas over the past several years,” stated Representative J.M. Lozano, HD 43. “Their innovative water solutions are critical for our present and future needs. We are truly blessed to have them in our community.”
“We are thrilled that the City of Alice has chosen us to be their long-term partner for this critical public water infrastructure,” said Richard Whiting, VP of Business Development for Seven Seas Water Group. “We sincerely hope that other municipalities will be able to look at this project delivery model as the template for how to marry public and private sector financing to deliver critical infrastructure in a timely and affordable manner.”
Less than one year ago, Seven Seas Water Group also announced its acquisition of a 20 MGD conventional water treatment plant system in Panama, serving a population of approximately 420,000 residents. The Seven Seas Water Group’s performance has proven to be strongly resilient, with no material impacts to operations or production of water despite the COVID 19 pandemic. Over the past year, revenues of the Seven Seas Water Group have increased significantly, as the company continues to be the partner of choice in delivering safe, reliable, and efficient water solutions to its customers.
About Seven Seas Water Group
Seven Seas Water Group (www.sevenseaswater.com) is a portfolio company owned by investment funds managed by Morgan Stanley Infrastructure Partners (“MSIP”). Seven Seas Water Group operates two businesses within the water infrastructure space. Seven Seas Water provides water treatment and desalination for governmental and industrial customers in Latin America and the Caribbean. AUC Group (www.aucgroup.net) provides decentralized wastewater treatment plants for industrial and municipal customers in the United States. Seven Seas Water delivers ~18 Bn gallons of clean water annually and operates 11 water treatment plants internationally. The company has more than 140 wastewater treatment plants under lease in the United States with property developers, municipal customers, and utility districts and consistently maintains a +97% plant availability for its customers.
About Morgan Stanley Infrastructure Partners
Morgan Stanley Infrastructure Partners (“MSIP”) is a leading global private infrastructure investment platform. Founded in 2006, MSIP has made over 30 investments across its three flagship, closed-ended funds. Since inception, MSIP has had more than $13 billion in commitments. For further information about Morgan Stanley Infrastructure Partners, please visit www.morganstanley.com/im/infrastructurepartners.
September 20, 2021
(Tampa, Fla.) – Seven Seas Water Group, a multi-national provider of water and wastewater solutions, today announced that they have appointed Henry J. Charrabé as new Chief Executive Officer, effective September 20, 2021.
Mr. Charrabé brings two decades of experience in the water and wastewater industry on a global scale. Most recently, he served as the Managing Director and CEO of the international water and wastewater treatment firm Fluence Corporation (ASX: FLC), and prior to that, President and CEO of RWL Water. Prior to RWL Water, Mr. Charrabé was a senior executive at RSL Investments Corp. and supported its investments including serving as Chief Operating Officer of W2W, an electrocoagulation wastewater technology company.
“Seven Seas Water Group has established the outstanding Water-as-a-Service® (“WaaS”) brand internationally, and a stellar reputation in the United States for decentralized water and wastewater treatment solutions. With its leading position, it has created the perfect platform to grow both organically as well as through acquisitions,” said Henry Charrabé, new CEO of Seven Seas Water Group. “I am very honored to lead the Seven Seas Water Group and am excited by its partnership with and commitment from Morgan Stanley Infrastructure Partners to advance into a new chapter of growth. Together with my colleagues operating under both the Seven Seas Water and AUC brands, I look forward to leading the team, further growing the company, and expanding our footprint as the leading provider of WaaS® in the Americas and beyond.”
“Henry is a dynamic, pragmatic and accomplished leader with a track record of delivering strong growth for the Seven Seas Water Group platform on a global scale”, said Brian Park, Executive Director at Morgan Stanley Infrastructure Partners (“MSIP”). “MSIP has been fully committed with considerable amount of capital to help promote the growth and expansion of the company’s desalination and wastewater treatment platform. We are thrilled to have Henry as CEO, and we believe his leadership will best position Seven Seas Water Group to realize its fullest potential.”
About Seven Seas Water Group
Seven Seas Water Group (www.sevenseaswater.com) is a portfolio company owned by investment funds managed by Morgan Stanley Infrastructure Partners (“MSIP”). Seven Seas Water Group offers Water-as-a-Service® (WaaS®) solutions by providing outsourced water treatment, wastewater treatment and reuse solutions for governmental, municipal, industrial, property developer and hospitality customers. Many of the wastewater and reuse solutions are provided by AUC Group (www.aucgroup.net), a Houston based subsidiary, which owns over 140 decentralized wastewater systems in Texas. The company’s 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. The wastewater treatment and reuse solutions include scalable modular treatment plants, field-erected treatment plants and temporary bypass plants that are used by customers to treat and convert wastewater into effluent or reclaimed water prior to being released back into the environment.
About Morgan Stanley Infrastructure Partners
Morgan Stanley Infrastructure Partners (“MSIP”) is a leading global private infrastructure investment platform. Founded in 2006, MSIP has made over 30 investments across its three flagship, closed-ended funds. Since inception, MSIP has had more than $13 billion in capital commitments. For further information about Morgan Stanley Infrastructure Partners, please visit www.morganstanley.com/im/infrastructurepartners.