Consolidated Water climbs after Southern California contract worth $49.2 mln

Consolidated Water Co

24/10/2022 18:56

** Shares of water supplier Consolidated Water Co  CWCO.O  
up 2.8% at $17.05 
    ** CWCO unit Perc Water secures $49.2 mln contract to
operate and maintain two advanced water treatment facilities in
Southern California for 10 years
    ** "We anticipate this win will support our plans to
continue growing this area of our business in the Western U.S.,
which is currently experiencing unprecedented drought
conditions," says CEO Rick McTaggart
    ** Stock up 60% YTD 
 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))