Codelco awards desalination plant

Codelco awards desalination plant

Project & Infrastructure Finance M&A Chile

Codelco, Chile's state-owned copper mining company, said it has awarded a contract to build and operate a desalination plant to a consortium led by Marubeni from Japan.Marubeni holds 50% of the consortium, while the local power company Transelec has 30% and the Italian-Argentine conglomerate Techint has 20%, Codelco said in a press release.The consortium is expected to start construction in the first quarter of next year and begin operations at the plant in 2022. It will supply desalinated water

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