Besix of the Netherlands and France’s Veolia have signed a build-own-operate-transfer contract with the Abu Dhabi Water & Electricity Authority.
The contract covers the financing, concept, construction and operation of two new wastewater plants in the emirate.
The plants in Abu Dhabi and Al-Ain will be developed under a 25-year concession, with a construction period of two-and-a-half years.
Besix will act as the co-investor for the projects. Civil works will be carried out by Besix and Six Construct, part of the Besix Group. The electromechanical works will be carried by Besix Sanotec and OTV, part of France’s Veolia Group.
The contract is valued at Eur525m ($824m).
The Abu Dhabi plant will have capacity of 300,000 cubic metres a day (cm/d) and the Al-Ain facility will have capacity of 130,000 cm/d.
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