Monday, February 11, 2008

Arison's Blue-Green unit to build desalination plant

"Globes" reports that Housing and Construction Holding Co. Ltd. (Shikun u'Binui) subsidiary Blue-Green Development and Investment Ltd. will build and operate a five million cubic meter brackish water desalination plant for Kibbutz Kfar Masaryk in the Galilee. Blue Green has an option to expand the plant's output by an additional three million cubic meters of water. Construction will cost NIS 40 million.

The facility will desalinate brackish water from the sources of the Neeman and Kurdani Rivers using reverse osmosis technology. The water will be pumped from drills on kibbutz land.

Blue Green is the cleantech arm of Housing and Construction, which is controlled by Shari Arison through Arison Holdings Ltd. The company operates a wide range of infrastructure projects, including water and sewage management, municipal water management, and renewable energy. The company is Israel's largest private sewage treatment company for municipalities. Amir Levi is its CEO.