Location: New South Wales
Description: Springvale Water Treatment Plant comprises a water treatment plant and a 16km pipeline which services the Springvale mines and the Mount Piper Power Station (owned by EnergyAustralia) under a 15-year offtake arrangement. ICG partnered with global leading water specialist Veolia to jointly develop, build, own and operate the project. Veolia will undertake the Design and Construction, and Operations and Maintenance roles. The project is currently under construction, with operations expected to begin in 2019. Revenues are underpinned by fixed payments based on the availability of the water treatment plant.
Date of Investment: 2017