SWPC Announces Financial Close of three Independent Sewage Treatment Plants

SWPC Announces Financial Close of three Independent Sewage Treatment Plants

Saudi Water Partnerships Company (SWPC) announced that it has successfully achieved financial close for three Independent Sewage Treatment Plants (ISTP) – Madinah-3 ISTP, Tabuk-2 ISTP and Buraydah-2 ISTP with the participation of success partners from the relevant authorities such as the Supervisory committee at the Ministry of Environment, Water and Agriculture, developers and consultants.

Madinah-3 ISTP:

Madinah-3 is an Independent Sewage Treatment Plant with capacity of 200,000 m3 per day with total cost around SAR 960 million, to be built and operated by the private sector for a period of 25 years from the Commercial Operation Date, noting that the winning consortium of the project consists of Acciona, Tawzea and Tamasuk.

Tabuk-2 ISTP:

Tabuk-2 is an Independent Sewage Treatment Plant with capacity of 90,000 m3 per day with total cost around SAR 550 million, to be built and operated by the private sector for a period of 25 years from the Commercial Operation Date, noting that the winning consortium of the project consists of Acciona, Tawzea and Tamasuk.

Buraydah-2 ISTP:

Buraydah-2 is an Independent Sewage Treatment Plant with capacity of 150,000 m3 per day with total cost around SAR 845 million, to be built and operated by the private sector for a period of 25 years