Poseidon Water Applies for Coastal Development Permit for Huntington Beach Desalination Project | national news
HUNTINGTON BEACH, California, July 9, 2021 / PRNewswire / – Poseidon Water announced today that the Company has applied for a Coastal Development Permit (CDP) to the California Coastal Commission to construct the Huntington Beach Desalination Project (“Project”). The project is in the final stages of its authorization process and Poseidon Water anticipates the review of the CDP by the Coastal Commission before the end of the year.
âPoseidon Water has a long 15-year history of working with the Coast Commission on the authorization of the Huntington Beach Desalination Project,â said the Vice President and Project Manager of Poseidon Water. Scott Maloni. âAs California continues to fight drought and climate change-induced wildfires, we remain committed to building on the success of our Claude ‘Bud’ Lewis Carlsbad desalination facility by delivering Southern california a second large-scale, environmentally friendly and profitable desalination plant Orange County,” he said.
The project is gearing up to secure the last large discretionary permit from the Coast Commission to build the long-awaited seawater desalination plant, as federal and state officials work to allocate billions of dollars in water infrastructure projects designed to help communities overcome the effects of climate. change. Earlier this year, the United States Environmental Protection Agency reaffirmed its 2019 selection of the project to receive up to $ 644 million in credit assistance under the Federal Law on Financing and Innovation of Water Infrastructure (WIFIA). The WIFIA program is accelerating investments in the country’s water infrastructure by providing additional long-term, low-cost loans for projects of regional and national importance.
The benefits of the credit assistance provided by WIFIA to the Huntington Beach project will translate into a direct financial transfer to Orange County water taxpayers, which Poseidon says will reduce water costs for consumers of $ 290 million over the life of the project compared to current funding options.
About Poseidon Water
Poseidon Water is a private company that partners with public bodies to carry out water infrastructure projects. The main objective of the company is to develop large-scale reverse osmosis seawater desalination plants implemented through innovative public-private partnerships in which the private company assumes the development and financial risks. . For more information on the Poseidon Desalination Plant in Carlsbad, visit the plant’s website at www.carlsbaddesal.com. For more information on Poseidon Huntington Beach desalination plant, visit the project website at HBfreshwater.com.
Contact: Scott Maloni
View original content to download multimedia:https://www.prnewswire.com/news-releases/poseidon-water-submits-coastal-development-permit-application-for-huntington-beach-desalination-project-301328883.html
SOURCE Water Poseidon