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News 

Poseidon Water Named Energy Champion by SDG&E

7/12/2016

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Recognized for accomplishments in reducing energy consumption at the Carlsbad Desalination Facility
FOR IMMEDIATE RELEASE Contact: Jessica Jones (760) 655-3998 Download a PDF
Carlsbad, CA (July 11, 2016) - San Diego Gas & Electric (SDG&E) named Poseidon Water an “Energy Champion” for 2016. Poseidon was selected as the Water Energy Nexus Champion for their investments in, and commitment to, sustainability and energy efficiency at the Claude “Bud” Lewis Carlsbad Desalination Plant (the Plant).
SDG & E 2016 Energy Showcase Champion video.

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Carlsbad Desalination Plant Named International Plant of the Year for 2016

4/22/2016

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Global Water Award announced in the United Arab Emirates
FOR IMMEDIATE RELEASE Contact: Jessica Jones (760) 655-3998 Download a PDF
Carlsbad, CA – The Claude “Bud” Lewis Carlsbad Desalination Plant has been honored with a Global Water Award as the Desalination Plant of the Year for 2016 by Global Water Intelligence, publisher of periodicals for the international water industry. The award, announced this week at the Global Water Summit in Abu Dhabi, United Arab Emirates, goes to “the desalination plant, commissioned during 2015, that represents the most impressive technical or ecologically sustainable achievement in the industry.”

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Poseidon’s Peter MacLaggan Named ‘Top 25 Newsmaker

4/7/2016

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Honor Bestowed by Engineering News Record Salutes the Industry’s Most Influential People
FOR IMMEDIATE RELEASE Contact: Jessica Jones (760) 655-3998 Download a PDF
San Diego, CA – Today, Poseidon announced that their Senior Vice President of Project Development for California has been named one of Engineering News Record’s (ENR) ‘Top 25 Newsmakers.’ Every year, ENR salutes influencers in construction by naming the Top 25 Newsmakers who have been the most influential in their respective roles. MacLaggan was recognized for his tenacity and patience in pushing for the successful construction of the largest seawater desalination plant in the Western hemisphere in Carlsbad, California.“I am deeply honored to be named one of ENR’s Top 25 Newsmakers along with the best and the brightest minds in the industry,” said Peter MacLaggan, Poseidon Senior Vice President. “The Carlsbad project took over a decade to come to fruition and was truly a team effort. I want to thank everyone who helped San Diego County residents achieve desalination as a new drought-proof reliable source of water from the Pacific Ocean for future generations to come.”

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Poseidon Water Wins the Desalination Deal of the Year for the Carlsbad Project

4/10/2013

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Global Water Intelligence has awarded Poseidon Water Desalination Deal of the Year for the Carlsbad Desal Plant. What makes it special?
  • The Carlsbad financing package marks the successful culmination of a decade of painstaking preparation and tremendous tenacity by Poseidon Resources. It proves beyond all doubt that with the right determination, large-scale desalination infrastructure in the US can be financed – even in California.
  • After indicating an average interest rate of 5.60%, propitious market conditions allowed the debt component of the deal to be priced at 4.78% – saving ratepayers an estimated $200 million in debt service costs over the lifetime of the bonds.
  • The water resourcing challenges of the arid Southwestern US require innovative financing solutions. The pioneering collaborative approach taken at Carlsbad will serve as a blueprint for the financing of other large-scale desalination projects across the southern US.
Read the full article online at globalwaterawards.com.
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Carlsbad Desalination Project Wins ‘North American Water Deal of the Year’

3/8/2013

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Project Finance magazine cites Water Authority’s role and credit were key to success
March 8, 2013 - 
​The Carlsbad Desalination Project was honored Thursday in New York as the “North American Water Deal of the Year” for 2012 by Project Finance, an international trade publication that annually highlights major industry accomplishments around the world.

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    ​Jessica H. Jones

    ​Director of Communications
    Poseidon Water

    (760) 655-3998
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    ​Read news releases, newspaper articles and other bulletins about the Carlsbad Desalination Project and related topics here. Check back often for updates.
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