Helena Water has been selected as the preferred consortium to fund, build and operate the new Mundaring Water Treatment Plant in Western Australia. This is the first fully fledged Public Private Partnership in the Western Australian water industry.
Helena Water comprises the Royal Bank of Scotland, Acciona Agua, United Utilities and Brookfield Multiplex.
The consortium is expected to begin work in a few months. The consortia was one of two shortlisted for the competitive process by the Water Corporation.
Helena Water will fund and build the new plant which will be commissioned in mid- 2013. They will then run it for 35 years after which it will be handed back to the Water Corporation in full operating condition.
It is at the heart of major upgrade works in Mundaring and involves the construction of the new water treatment plant itself, a pump station and various pipelines.Water from the plant will be produced to standards specified by the corporation who will then use it for the Goldfields and Agricultural Water Supply Scheme.
More than 95 per cent of the Water Corporation’s multi-billion dollar capital works program over the next few years is expected to be delivered by the private sector.