X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TAMPA, FL-Tampa Bay Desal, a subsidiary of Stamford, CO-based Poseidon Resources Corp., is rushing to complete a $110 million desalination plant by its December 2002 deadline at Apollo Beach, FL, 80 miles west of Downtown Orlando.

The plant will use reverse osmosis technology to produce 25 million gallons per day of drinking water by December 2002, according to Industrial Information Resources Inc., a Houston-based industry researcher.

A five million-gallon water tank has already been built. A second seven million-gallon tank is being constructed as a supply tank at the Tampa Water Co. site. A 14-mile, 42-inch diameter pipeline will connect the two tanks.

Covanta Water Systems Inc., a division of publicly traded Covanta Energy Corp. of Fairfield, NJ, is the project’s general contractor. Covanta will operate the plant when it is completed.

Poseidon’s 1999 contract with Tampa Water is the first long-term public-private partnership completed in the United States for such a project, according to Industrial Information Resources.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.