News
August 10, 2020
WaterMark, TSG Water Resources & Akira Partner to create TSG Water Partners
Partnership will provide distributed water and wastewater treatment systems under a Private Water Utility arrangement to resorts and real estate developments in Latin America and the Caribbean.
As resorts and private residential communities begin to emerge from the COVID-19 crisis, many are considering converting their properties to a Private Water Utility arrangement not only for the immediate financial benefits that it may provide, but also for the long-term assurance of high quality, reliable utility service.
In a “Private Water Utility” arrangement, TSG Water Partners assumes the risk and responsibility to design, build, finance and operate critical water and wastewater assets including desalination and/or wastewater treatment systems. A turnkey solution is provided under a long-term service contract between TSG Water Partners and its clients, which includes all consumables along with the maintenance, repair and replacement of all mechanical and electrical equipment.
-
For existing water and wastewater systems: TSG Water Partners can acquire these systems for an upfront cash payment and can make the necessary upgrades and/or expansions if necessary. TSG Water Partners will then operate and maintain the system for the term of the agreement.
-
For new developments: TSG Water Partners provides a turnkey water and wastewater project that match the requirements for all phases of the development life cycle including engineering, design, permitting assistance, construction, and operation of these critical systems.
In a “Private Water Utility” arrangement, TSG Water Partners assumes the risk and responsibility to design, build, finance and operate critical water and wastewater assets including desalination and/or wastewater treatment systems. A turnkey solution is provided under a long-term service contract between TSG Water Partners and its clients, which includes all consumables along with the maintenance, repair and replacement of all mechanical and electrical equipment.