# Almar Water Solutions and HA Utilities acquire 58 desalination plants in Egypt

Almar Water Solutions and HA Utilities BV, through their joint venture, acquired 58 desalination plants from Ridgewood Group in Egypt. The plants have a total capacity of 82,440 m3/day of drinking water.

- Type: Acquisition
- Announced: 2020-10-20
- Where: Egypt, Egypt
- Status: completed
- Capacity: 82,440 m3/day of drinking water
- Products: desalination plants
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Almar Water Solutions](https://endata.com/companies/21111.md) (acquirer)
- [Hassan Allam Holding](https://endata.com/companies/30598.md) (acquirer)
- [HA Utilities BV](https://endata.com/companies/50632.md) (acquirer)
- [Ridgewood Group](https://endata.com/companies/50633.md) (target)
- [Ridgewood Egypt](https://endata.com/companies/50693.md) (target)

## Sources

- [zawya.com](https://www.zawya.com/en/press-release/abdul-latif-jameel-energy-expands-water-sector-portfolio-with-acquisition-of-58-desalination-plants-in-egypt-670790), 2020-10-20: "Almar Water Solutions, Abdul Latif Jameel Energy’s dedicated water solutions unit, and HA Utilities BV (HAU), part of Hassan Allam Holding (HAH), have finalized a deal with the Ridgewood Group."
- [aedyr.com](https://aedyr.com/en/newsletter/almar-water-solutions-y-hassan-allam-holding-hah-han-adquirido-a-traves-de-una-joint-venture-la-empresa-ridgewood-egypt-que-posee-una-cartera-de-60-plantas-de-desalacion-en-egipto-con-una-capacidad/), 2020-11-03: "Almar Water Solutions and Hassan Allam Holding (HAH) have acquired, through a joint venture, Ridgewood Egypt, which has a portfolio of 60 desalination plants in Egypt."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.