7 October 2011
Global Environmental Solutions Ltd (GES) will take over Israel's Palmachim seawater desalination plant after acquiring a 28% stake in the plant's facility company, Via Maris, previously held by Tahal Group International BV. Via Maris, of which GES then owned 28%, won the build-own-operate contract for Palmachim in 2005. The company is trying to raise enough money to finance the expansion of the plant from 45 million m³/year to 90 million m³/year. Palmachim is the only existing large Israeli plant to agree to expand at the water-purchase price of NIS 2.07/m³, the price recently agreed for the Sorek desalination plant.
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