Fluence Corporation Limited has announced that it has secured the rights to design, build and operate a seawater desalination plant in central Peru, including a 10-year Water Purchase Agreement (WPA) with an industrial client.

The plant will utilize NIROBOX™ Smart Packaged treatment units, which have already been manufactured and are in stock. Five NIROBOX™ SW-XL units will be deployed initially and are expected to be shipped before the end of 2018. The plant is ultimately expected to expand to 10 NIROBOX™ SW-XL units.

The initial plant will be a US$8.4 million investment for Fluence and is expected to deliver a minimum of 1.1 million cubic meters of industrial-grade water per year for the WPA customer. Fluence expects the plant to be operational by the end of Q2 2019. The initial WPA alone is expected to generate US$1.7 million in annual revenue for the company.

Negotiations for water purchase agreements with additional industrial customers are currently underway. Supplemental water purchase agreements with even more off-takers, if secured, would grow Fluence’s client base and have the potential to increase annual recurring revenues up to a total of US$5.0 million (assuming full plant capacity).