February 2023

Commercial Close for Prospect Lake Clean Water Center in Florida

A DBFOM P3 to develop the 50 MGD Prospect Lake Clean Water Center in Fort Lauderdale, Florida reached commercial close in February. The concessionaire for the project is a joint venture between IDE Technologies and Ridgewood Infrastructure, with Kiewit as the design-builder for the project. The project includes fixed costs of $485 million and will require $181 million in enabling works.

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