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Poseidon Desalination Proposal for Huntington Beach May Face New Requirements

Poseidon Water could be headed back to the drawing board to better compensate for the marine life expected to be killed by its proposed desalination plant in Huntington Beach.

After hearings this week for one of two remaining major permits needed for the project, several members of the Regional Water Quality Control Board indicated they were dissatisfied with the proposed mitigation for the larvae and other small marine life that would die as a result of the plant’s ocean intake pipes.

Questions Over Water Official Who Took Money from Interests Pushing Desal She’s Voting On

Regional water board member Kris Murray is on track later this week to vote on a controversial desalination plant sponsored by a company and interest groups she took money from during past political campaigns.

State regulators have identified more than $6,000 in campaign contributions that Murray fundraised for her Anaheim city council campaigns in 2014 and 2015 and county supervisorial in 2018 from the project’s parent company, Poseidon Water, and two trade unions who voiced support for the project in recent years.

Public Argues For, Against Huntington Beach Desalination Plant, Decision Near

The 20-year battle between seawater desalters and Orange County environmentalists and community activists neared a turning point Thursday, the first in a series of final public hearings around a Huntington Beach desalination plant proposal before local regulators.

Hearings and public comments at the state regional water board started Thursday, are continuing today, and could continue to Aug. 7, if needed, with a vote on the required permits for the $1 billion water desalting project planned at the end of the hearings.

Proposed by the Poseidon Water company, the project has become one of the largest battles over Orange County’s coastline in decades.

Upgrade for Desalination Project As It Plans Private Note Placement

Poseidon Resources received a one-notch upgrade to BBB from Fitch Ratings ahead of plans to privately place a $45 million note to finance construction of a new intake system for its desalination plant in Carlsbad, California.

Bank of America Merrill Lynch won the right to purchase the three-year note, expected to close in November, according to sources close to the deal.

Upgrade For Desalination Project As It Plans Private Note Placement

Poseidon Resources received a one-notch upgrade to BBB from Fitch Ratings ahead of plans to privately place a $45 million note to finance construction of a new intake system for its desalination plant in Carlsbad, California.

Bank of America Merrill Lynch won the right to purchase the three-year note, expected to close in November, according to sources close to the deal.