Consolidated Water Co ( (CWCO) ) just unveiled an update.
On February 18, 2025, Consolidated Water Co. Ltd.’s subsidiary, Cayman Water Company, received a new water production and supply concession from the Cayman Islands government, allowing it to continue its exclusive rights to produce and supply potable water in Grand Cayman. This concession is a significant step towards securing a new operating license from the Cayman Islands utility regulator, OfReg, which is expected to involve restructuring the previous terms. The outcome of these negotiations could impact the company’s financial condition and operations, as the new license terms may affect its operating income and cash flows.
More about Consolidated Water Co
Consolidated Water Co. Ltd. is a leading designer, builder, and operator of advanced water supply and treatment plants. The company operates seawater desalination facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands, and designs, constructs, and operates water treatment and reuse facilities in the United States. It recently entered the U.S. desalination market with a contract in Hawaii.
YTD Price Performance: 5.24%
Average Trading Volume: 86,644
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $429.6M
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