Fluence Awarded its First NIROBOX™ Recurring Revenue Desalination Project
July 16 2018 - 10:28AM
Business Wire
- Fluence awarded its first Build Own Operate
Transfer (BOOT) project for a resort
- Three Smart Packaged NIROBOX™ units to be
deployed in North Bimini, Bahamas
- Short implementation timeline with
commissioning expected by year end
Fluence Corporation Limited (ASX: FLC) is pleased to announce
that it has secured a contract for the deployment of the Company’s
first seawater desalination plant in the Bahamas – three (3)
NIROBOXTM smart-packaged seawater (SW) desalination units – that
will be commissioned within six months.
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The contract with Rav Bahamas Limited is for the supply and
installation of three smart packaged Fluence NIROBOX™ SW units at
their Resorts World property, located in North Bimini, Bahamas. The
NIROBOXTM SW units are already manufactured and will treat three
million litres per day (800,000 gallons per day) of seawater from a
well intake and provide potable water for drinking, irrigation and
operations for the resort, including the newly built Hilton hotel,
the local homeowner’s association serving over 300 homes and
condominiums, and the municipality of North Bimini.
Strategically, Fluence is seeking to leverage this project into
further opportunities in the hotels and resorts industry for its
decentralized, smart-packaged water treatment solutions, due to
their high reliability, lower energy consumption, low maintenance
and small footprint.
This is Fluence’s first Build, Own, Operate & Transfer
(BOOT) contract in the Bahamas. The agreement with Rav Bahamas
Limited will further increase recurring revenues for Fluence.
Commenting on the North Bimini project, Fluence Managing
Director & CEO Henry Charrabé said: “We are excited to partner
with Rav Bahamas and are pleased to see the continued expansion of
applications for our NiroboxTM decentralized smart packaged water
treatment technology solutions. The first NIROBOX™ SW deployment in
the Bahamas and our first BOOT project for a resort are both
strategically important. Our ability to provide financing made this
project even more appealing to the customer and allows us to
increase recurring revenues for Fluence. We hope this will be the
first of many projects with Rav Bahamas and in the Caribbean
generally.”
Gerardo Capo, Chairman of RAV Bahamas Limited, commented:
“Following a tender process to replace our old seawater
desalination plant, we selected Fluence as the potable water
provider for our Bimini resort community. We chose Fluence and its
Nirobox system due to their expertise, high reliability, small
footprint and fast project execution. We look forward to a long
term and close cooperation with Fluence.”
About Fluence Corporation Limited (ASX: FLC)
Fluence has experience operating in over 70 countries worldwide
and employs more than 300 highly trained water professionals around
the globe. The Company provides local, sustainable treatment and
reuse solutions, while empowering businesses and communities
worldwide to make the most of their water resources.
Fluence offers an integrated range of services across the
complete water cycle, from early stage evaluation, through design
and delivery to ongoing support and optimization of water related
assets. With established operations in North America, South
America, the Middle East and Europe, Fluence is also expanding into
China’s rural wastewater treatment market.
Global consultancy Frost and Sullivan awarded Fluence
Corporation “2018 Global Decentralized Water and Wastewater
Treatment Company of the Year”, noting in their award
dissertation:
“While typical decentralized water treatment systems are
relatively expensive, complicated, and inefficient, Fluence
Corporation leverages innovative and smart technology solutions
backed by decades of industrial know-how to excel in water and
wastewater treatment solutions. Fluence’s excellence becomes
apparent through its success, as the company continues to expand
its existing offerings as well as partnerships with other prominent
companies in the industry. With its easy to use, sustainable, smart
and cost-effective solutions as well as a remarkable year of
growth, innovation, and leadership, Fluence Corporation earns Frost
& Sullivan’s 2018 Global Company of the Year Award in the
decentralized water and wastewater treatment industry.”
Further information can be found at
https://www.fluencecorp.com/.
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Fluence Corporation LimitedCorporate:Henry
CharrabéManaging Director & CEOE: hcharrabe@fluencecorp.comP:
+1 212 572 3766orRichard Irving (USA)Executive ChairmanE:
rirving@fluencecorp.comP: +1 408 382 9790orRoss Kennedy
(Australia)Company Secretary & Advisor to the BoardE:
rkennedy@fluencecorp.comP: +61 409 524 442orInvestors
(Australia):Ronn BechlerMarket EyeE:
ronn.bechler@marketeye.com.auP: +61 400 009 774orMedia
(Australia):Tristan EverettMarket EyeE:
tristan.everett@marketeye.com.auP: +61 403 789 096orInvestors
& media (USA):Gary Dvorchak, CFAThe Blueshirt GroupE:
gary@blueshirtgroup.comP: +1 323 240 5796 (US) or+86 138 1079 1480
(China)
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