Acciona Agua

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Latest news

Taweelah desalination plant to reach financial close

U.A.E. – Construction on Dewa’s desalination plant in Jebel Ali commenced earlier this month. Belhasa Six Construct (Besix) and Acciona are building the $237 million project which...

Desal Data Weekly, 01-03-2019

Acciona and partners win Shuqaiq 3 desalination plant project

SAUDI ARABIA – Acciona and a consortium of partners have won a $859 million contract to finance, design and build the new Shuqaiq 3 desalination plant. The contract was awarded by Water and...

Desal Data Weekly, 11-02-2019

SWRO IWP award official

Last week, Water and Electricity Company (WEC) officially awarded the Shuqaiq 3 Independent Water Project to a consortium comprising Marubeni (45%), Abdul Latif Jameel Commercial Development (30%),...

Water Desalination Report, 04-02-2019

RFI responses span alternate supply gamut

Although seawater desalination was the primary focus of Corpus Christi’s call for information on alternative water supply options, only five of the ten responses received were based solely on the...

Water Desalination Report, 28-01-2019

Acciona to construct desalination plant in Kenya

Acciona Agua has been named as the EPC contractor for the 100,000 m3/d (26.4 MGD) SWRO plant to be located in Mombasa, on Kenya’s far southeastern coast. The project, which is targeting financial...

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Company profile

Address Details

Avda. Europa, 22 Parque Empresarial La Moraleja, Alcobendas, 28108 Madrid, Spain Tel: +34 91 790 7700 Fax: +34 91 790 7712

Ownership

Acciona S.A.

Acciona Agua is a division of Acciona S.A., a Spanish publicly listed group whose major shareholders are Tussen de Grachten BV (27.8%) and Entreazca BV (26.1%). As of 1 January 2014, the group structure was re-organised into two divisions. Water now forms part of the Construction, Water and Services division under Luis Castilla, who formerly led Acciona Agua. The group’s other division is focused on energy.

Company data

Acciona Agua generated €506 million ($656 million) in revenues in 2012.

Acciona Agua had revenues of €409 million ($461 million) in 2014, a 17.2% decrease from 2013, due to reduced design-build activity that year.

Desalination interests

Acciona Agua’s references range from the design and construction of WTPs, WWTPs and desalination plants to the operation of concessions. The company’s desalination capabilities include EPC, O&M and BOT contracts. In terms of technology, the company has historically specialised in reverse osmosis (RO) membrane systems. Acciona Agua’s interest in desalination dates back to 2006, when the Acciona Group acquired Pridesa, a Spanish desalination specialist. Pridesa’s design-build and operational expertise was key in securing a number of international contracts including the 150,000 m³/d desalination plant in Beckton (UK), and the rehabilitation and operation of the 108,000 m³/d Tampa Bay desalination plant in Florida (USA).

Acciona Agua has been very active in its domestic market. Key projects include the flagship 240,000 m³/d Torrevieja SWRO plant, the largest plant awarded under the ambitious Spanish AGUA Programme, which included the latest technological advances and was a state-of-the-art plant.

Outside its domestic market, Acciona Agua has successfully entered various large international desalination markets. In 2009, the company made its major breakthrough in Australia by winning the 300,000 m³/d Adelaide desalination contract in partnership with water utility solutions provider United Utilities (rebranded as Trility). The company is present in the Algerian desalination market with the 20,000 m³/d SWRO plant at Fouka in Algeria completed in 2011. In addition, Acciona Agua was successful in entering the Middle East market in 2012, securing its first contracts in Saudi Arabia (EPC contract for a 100,000 m³/d desalination plant in Jubail) and the UAE (DBO contract for the Fujairah 1 IWPP expansion).

Acciona Agua has increased its desalination capacity in Latin America since 2008, mainly through industrial desalination contracts. In 2008, the company was awarded the Paraguana 75,000 m³/d desalination project in Venezuela for DVSA, Venezuela’s state-owned petroleum company. In addition, the company is becoming an important player in the Chilean desalination sector: it supplies water to the Chilean mining sector through the Punta Totoralillo SWRO plant in the Cerro Negro mining operation in Copiapo, which was awarded in 2011 by Chilean mining company CAP with an initial capacity of 17,000 m³/d. In 2014, Acciona was also awarded a contract for the upgrade of Codelco’s desalination plant at the Ministro Hales mining operation located in the Antofagasta region, which has a current capacity of 1,440 m³/d, as well as one O&M contract for the Cenizas Taltal 800 m³/d desalination plant for the SLM Las Cenizas mining company.

Strategy

Acciona Agua has long been considered one of the world’s leading desalination companies. Acciona Agua has carefully selected the opportunities it targets, focusing on projects which offer significant engineering challenges. 1.5% of the company’s annual turnover is earmarked for R&D and Acciona Agua’s technological capabilities are a key differentiating factor. In addition, the company is able to focus its resources on specific geographies and take advantage of upcoming opportunities after securing first contracts.

This strategy has recently been used in pursuing opportunities in DBO or EPC contracts for desalination plants to increase its presence in North America. In 2014, Acciona Agua made a move to target the North American market by redeploying its Australian water business development team to the USA and was shortlisted for the contract to rehabilitate the Charles Meyer desalination plant in Santa Barbara (California). In addition to utility projects, Acciona Agua is also interested in industrial contracts, particularly in the US mining sector where the company can benefit from its successful experience in the Chilean mining sector, which is likely to offer additional projects due to the large number of desalination projects which are in the pipeline.

Acciona Agua has increased its presence in the Middle East by winning its first contract in Oman in 2014. In a consortium with local firm Sogex Oman, Acciona Agua was awarded a 5 year contract to take over the operation and maintenance of a 20,000 m³/d desalination plant on behalf of the industrial utility for the Port of Sohar. Acciona Agua has set its sights on attaining a stronger presence in the Middle East and North Africa, and is exploring opportunities in central and southern Africa.

In addition, Acciona Agua plans to use its presence in India and Australia – through its major plant references in Perth and Adelaide – to identify new opportunities in Southeast Asia. Latin America is also among the company’s identified growth regions.

 

Company Chronology

Year Event
2006 Acciona acquires Pridesa from Thames Water. Acciona Agua is formed through a merger of Infilco, Ondagua and Pridesa
2009 Acciona leaves Endesa

Desalination projects

Contract date Capacity (m³/d) Technology
Paraguaná Refinery Complex , Venezuela
2008 75000 RO
Tordera, Phase II , Spain
2008 28800 RO
Almunecar,Granada , Spain
2007 24000 RO
Telde II , Spain
2007 16000 RO
Ciutadella , Spain
2007 15000 RO
Almuñecar - Granada , Spain
2007 16000 RO
Arucas II , Spain
2007 16000 RO
Torrevieja , Spain
2006 240000 RO
Reggio Calabria , Italy
2006 25000 RO
Barcelona , Spain
2006 1260 RO

Past and current bids

Contract date Capacity (m³/d) Technology
Barka 4 IWP , Oman
2015 281000 RO
Djerba , Tunisia
2014 50000 RO
Mirfa IWPP, Abu Dhabi , United Arab Emirates
2014 140000 RO
Carlsbad Desalination Plant , U.S.A.
2012 189250 RO
Al Fujairah 1 SWRO expansion , United Arab Emirates
2012 136000 RO
SWRO-4 potable water project, Jubail , Saudi Arabia
2012 100000 RO
Al Ghubrah IWP , Oman
2012 190932 RO
Az Zour South hybridisation , Kuwait
2011 136000 RO
Copiapo , Chile
2011 38880 RO
Hialeah, FL , U.S.A.
2010 37850 RO