Clean TeQ Water: Signs $10m contract for Townsville water treatment facility

November 30, 2022

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Clean TeQ Water: Signs $10m contract for Townsville water treatment facility

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Clean TeQ Water Signs $10m contract for Townsville water treatment facility

Clean TeQ Water (CNQ) signs a $10 million contract for the Townsville Water Treatment Facility project in Queensland
CleanTeQ and local civil partner A. Gabrielli Construction (AGC) will design and construct the Townsville City Council’s new recycled water treatment facility
The facility will be built at the Cleveland Bay Purification Plant to produce up to 15 megalitres of water per day for industrial and irrigation users
CleanTeQ plans to deliver the contract works in the third quarter of next year, and the facility is expected to be operational by the end of 2023
Company shares are up 3.95 per cent to 39.5 cents at 3:09 pm AEDT