AquaVenture provides update on Caribbean operations
AquaVenture updated the situation of its Caribbean operations following Hurricanes Irma and Maria. CEO Doug Brown said: "(...) all of our plants are operating, except for one very small plant in the USVI, which is waiting for power from the local utility. In addition, all of the islands where we have operations are delivering clean water to their populations, a role we are actively contributing to. Our facilities incurred minimal damage from the hurricanes and, as a result, the expenditures related to the plant repairs are not anticipated to be material. As of today, our facilities in operation are filling tanks and producing water for delivery, meeting current demand and, in some cases, exceeding pre-hurricane production volumes".