Macquarie Capital has partnered with AVAIO Capital to finalize the development and construction of a new desalination facility in Belgium’s Port of Antwerp, Europe’s second-largest seaport.
According to AVAIO, the Albert Canal is the primary source of drinking water for the Antwerp region. Roughly 40 percent of the water sourced from the canal is consumed by the industrial sector, putting stress on the local water supply. The project will seek to improve the resiliency of the water supply in the Antwerp region.
“The global need for new resilient and sustainable solutions to combat water scarcity is an important focus for AVAIO,” said Mark McComiskey, partner at AVAIO. “The proposed desalination plant will reduce industrial use of drinking water at a time of water stress, increasing local sustainability while offering higher quality, lower-cost process water supply to industrial customers — therefore enhancing the long-term competitiveness of the Port of Ant
