AquaVenture extends long-stop date for Ghana plant acquisition to September 30
AquaVenture announced that it entered into an agreement with Abengoa Water Nungua, S.L.U. to extend the long-stop date to September 30, on its pending acquisition of a majority interest in a desalination plant in Accra, Ghana. The long-stop date was previously June 30. Doug Brown, chairman and CEO of AquaVenture, commented, "We are pleased with the significant progress made with this transaction, particularly in light of the number of stakeholders involved, as well as the significant conditions precedent. This extension signifies the continued commitment of all participants to push this deal across the finish line. We look forward to becoming a long-term partner to the Government of Ghana for water treatment and services."