About Us
Consolidated Water is a trusted provider of sustainable water solutions in the Caribbean and the United States.
Since 1973, we’ve combined engineering expertise, innovative technology, and a commitment to the environment to deliver safe, reliable, and cost-effective water services.
4
Countries
of operation
10
Desalination plants
in operation
26.2
M
Gallons/day desalination capacity
97
Water, wastewater treatment and water reuse facilities under management
We serve communities, businesses, and municipalities through four core areas
Cayman Water Company
Our retail water utility
Wholesale/Bulk Water
Engineering, Construction, and Operations (O&M) Services
Manufacturing
“Water is life.
Our mission is to make it sustainable.”
Building efficient, lasting solutions
Forging partnersips that matter
Driving innovation with integrity
Our History
From a small Cayman utility to a leader in sustainable water solutions across the Caribbean and the Americas
1973 Founded in Grand Cayman
1973
Founded in Grand Cayman
Started as a private water utility serving Governor’s Harbour, laying the foundation for decades of growth.
1989 First SWRO Plant
1989
First SWRO Plant
Installed the company’s first seawater reverse osmosis plant, pioneering a technology that now underpins all operations.
1990 West Bay, Grand Cayman Service Area Expansion
1990
West Bay, Grand Cayman Service Area Expansion
Received a new 20-year utility license from the Cayman Islands government and began expansion of our piped water distribution system into the new West Bay Service Area.
1995 NASDAQ Listing
1995
NASDAQ Listing
Became publicly traded, combining Cayman roots with U.S. regulatory compliance and governance.
2001 Bahamas Expansion
2001
Bahamas Expansion
Began operations in South Bimini and later New Providence Island, including the Blue Hills plant (12 million gallons/day).
2003 Caribbean Growth
2003
Caribbean Growth
Expanded operations to Belize, Barbados, and the British Virgin Islands through strategic acquisitions.
2016 Acquisition of US-based Manufacturing Business
2016
Acquisition of US-based Manufacturing Business
Acquired our long-time desal equipment supplier Aerex Industries in Ft. Pierce, Florida, thus expanding our business into the rapidly growing manufacturing and services market in the US.
2019 Acquisition of US-based Water Services Business
2019
Acquisition of US-based Water Services Business
Acquired PERC Water Corporation in Fountain Valley, California an innovative water infrastructure company that develops, designs, builds, operates and manages water infrastructure in the southwestern United States.
2023 Colorado Expansion & Hawaii Contract
2023
Colorado Expansion & Hawaii Contract
Acquired Ramey Environmental Compliance in Frederick, Colorado which specializes in helping municipalities/districts comply with Environmental regulations and properly operate and manage their water resources.
On June 2, 2023 we signed our first contract in the United States to design, build and operate a seawater desalination plant with the Honolulu Board of Water Supply in Honolulu, Oahu, Hawaii.
Aug 14, 2023 50th Anniversary
Aug 14, 2023
50th Anniversary
Celebrated the Company’s 50th Anniversary by ringing the opening bell at Nasdaq on Monday August 14, 2023.
Our Credentials
Certified, awarded, and recognized by industry leaders worldwide
State of Colorado Collection System Award
For accomplishing Outstanding Results in Wastewater Collection at the Northwest Lakewood Sanitation District
Colorado, New Mexico & Wyoming Plant Performance Award
For Accomplishing Outstanding Results in Plant Operations, Maintenance, and Public Relations at Eastern Adams County Metropolitan District
Wastewater System
of The Year
For Accomplishing Outstanding Results in Plant Operations, Maintenance at Eastern Adams County Metropolitan District
ENR California Best Projects 2018 Water/Environment: Pacific Grove Water Recycling Facility
Located on the tip of the Monterey Peninsula, Pacific Grove Water Recycling Facility delivers 125 acre-ft per year of recycled water for irrigation while storing 650,000 gallons of recycled water on site.
The National Council for Public-Private Partnerships Award for Innovation
The Santa Paula Water Recycling Facility was awarded the 2011 Public-Private Partnership Award for Innovation from the National Council for Public-Private Partnerships. This honor recognizes projects developed through a public agency and private company partnership that demonstrated a significant new advancement in the field of public-private partnerships.
Design-Build Institute of America
- Western Pacific Top Tier Award
- Best Project Top Tier Water Award
- Best Project
Global Water Intelligence Water Deal of the Year Award of Distinction 2009
PERC Water was recognized for their public-private partnership (P3) to design, build, operate, and finance the Santa Paula Water Recycling Facility in California.
California Water Environment Association Plant of the Year Award 2011
Santa Paula Water Recycling Facility, operated by PERC Water, was recognized as the CWEA Plant of the Year (Small) in 2011. It is notable for being the first 100% privately funded water recycling facility in the US, using advanced membrane bio-reactors and UV disinfection.
AZ Water Association Project of the Year Wastewater Treatment Plant 2025
PERC Water was awarded the AZ Water Association’s 2025 Wastewater Treatment Project of the Year for the Sarival Water Reclamation Facility. The facility, developed for Liberty Utilities in Goodyear, AZ, features advanced Membrane Bioreactor (MBR) technology, reducing the footprint by 70% and minimizing odor/noise.
American Public Works Association Project of the Year (Drainage/Water/Wastewater)
APWA Southern California Chapter 2022 APWA BEST Project of the Year Award – Sustainable Water Infrastructure Project – Advanced Water Treatment Facility (SWIP AWTF) project. The 1.0 MGD indirect potable reuse facility treats a blend of raw wastewater, stormwater, and dry weather runoff for groundwater recharge via direct injection.
Aerex and Standards of Quality
Aerex and Standards of Quality
All employees of Aerex Industries are responsible for complying with the requirements of quality standards as specified in our Quality Assurance Manuals. Management is responsible for performing activities that ensure these standards are followed and maintained. A dedicated Quality Assurance/Quality Control Manager, who supports Management and has unencumbered access to Aerex executives, has the authority for the administration of the company’s quality assurance standards. The QA/QC Manager has complete authority to identify quality problems; to initiate, recommend, and provide solutions; to verify implementation of solutions; and to ensure that further processing, delivery, installation, or use is controlled until proper disposition of a nonconformance, deficiency, or unsatisfactory condition has occurred. In addition, personnel are encouraged to identify new ideas for improving products, processes, and services.
Also, when quality or safety problems occur, all personnel have the responsibility and authority to take necessary corrective actions, including the stoppage of work, when such action is warranted. When problems or differences of opinion involving quality or safety cannot be resolved within a timely manner, employees will bring the issue to the attention of the QA/QC Manager who will escalate the issue for final resolution.
ASME Section III – Division 1
ASME Section III – Division 1
The ASME BPV Certification Program conforms to the rules governing the design, fabrication, assembly, and inspection of boiler and pressure vessel components during construction. In 1916, shortly after the first publication of the Rules for the Construction of Stationary Boilers and for Allowable Working Pressures, known today as the ASME BPVC, ASME began offering certification to companies in the pressure equipment industry to certify their quality control systems. Products manufactured by ASME BPV Certificate Holders are certified and stamped with the Certification Mark (a.k.a., Designator or Stamp) in accordance with the applicable ASME BPVC Section.
This division covers the mandatory requirements, specific prohibitions and nonmandatory guidance for materials, design, fabrication, inspection and testing, markings and reports, overpressure protection and certification of pressure vessels having an internal or external pressure which exceeds 15 psi (100 kPa).
ASME NQA – 1
ASME NQA – 1
The ASME NQA-1 Certification program provides a means for an organization supplying items or services which provide a safety function for nuclear facilities to have its Quality Assurance Program recognized by ASME as having had its Quality Assurance Program audited and verified to be in conformance with the requirements of the ASME NQA-1 Standard.
The NQA-1 Certification Program is developed, maintained and administered by ASME and industry subject matter experts serving as volunteers on ASME’s committees. The NQA-1 Quality Program Certificate is available to organizations implementing the ASME NQA-1 Standard, Part I and Part II, or portions there of.
National Board of Boiler and Pressure Vessel Inspectors
National Board of Boiler and Pressure Vessel Inspectors
The National Board of Boiler and Pressure Vessel Inspectors was created in 1919 to promote greater safety to life and property through uniformity in the construction, installation, repair, maintenance, and inspection of pressure equipment. The National Board membership oversees adherence to laws, rules, and regulations relating to boilers and pressure vessels. The National Board Members are the chief boiler inspectors representing most states and all provinces of North America, as well as many major cities in the United States.
Nondestructive Examination
Nondestructive Examination
Standards designed to impart weld quality differ from job to job, but the use of appropriate examination techniques can provide assurance that the applicable standards are being met. Whatever the standard of quality, all Aerex welds are inspected. A good-looking weld surface appearance is many times considered indicative of high weld quality. However, surface appearance alone does not assure good workmanship or internal quality.
Nondestructive examination (NDE) methods of inspection make it possible to verify compliance to the standards on an ongoing basis by examining the surface and subsurface of the weld and surrounding base material. Five basic methods are commonly used to examine finished welds: visual, liquid penetrant, magnetic particle, ultrasonic and radiographic (X-ray). The growing use of computerization with some methods provides added image enhancement, and allows real-time or near real-time viewing, comparative inspections and archival capabilities. A review of each method helps in deciding which process or combination of processes are used for specific jobs and in performing the examination most effectively.
ASME Section I
ASME Section I
This section of ASME provides the requirements for construction of power, electric, and miniature boilers, high temperature water boilers used in stationary service, and power boilers used in locomotive, portable, and traction service. The rules are applicable to boilers in which steam or other vapor is generated at a pressures exceeding 15 psig, and high temperature water boilers intended for operation at pressures exceeding 160 psig and/or temperatures exceeding 250 degree F. Superheaters, economizers, and other pressure parts connected directly to the boiler without intervening valves are considered as part of the scope of Section I
Aerex Design Stndards
Aerex Design Stndards
Aerex works closely with our customers to ensure that designs can and will meet specific quality standards. Our design team is experienced and knowledgeable regarding various industries and the needs of each. It all starts with quality at the design stage. Aerex maintains a high degree on involvement and engagement to insure that quality issues are avoided as early as possible in the design-fabrication-delivery cycle.
Aerex Welding Standards
Aerex Welding Standards
Aerex engineers have considerable experience adhering to various welding standards and specifications for quality assurance within diverse industries. We are able to comply with various standards including, but not limited to, AWS and ASME.
Our Board of Directors
Our Board of Directors guides Consolidated Water with decades of experience in business, finance, engineering, and sustainability.
Leonard J. Sokolow
Cayman Water operates under an exclusive retail license granted by the Cayman Islands government to provide water to customers within a prescribed service area on Grand Cayman that includes the Seven Mile Beach and West Bay areas, two of the three most populated areas in the Cayman Islands.
Since July 2008, Mr. Sokolow has been Vice-Chairman and President of National Holdings Corporation. Mr. Sokolow was Founder, Chairman and Chief Executive Officer of the Americas Growth Fund, Inc., a closed-end 1940 Act management investment company, from 1994 to 1998. From 1988 until 1993 Mr. Sokolow was EVP and General Counsel of Applica, Inc., a publicly-traded appliance marketing and distribution company. From 1982 until 1988 Mr. Sokolow practiced corporate, securities and tax law and was one of the founding attorneys and a partner of an international boutique law firm.
From 1980 until 1982 he worked as a CPA for Ernst & Young and KPMG Peat Marwick.
Clarence B. Flowers
Mr.Flowers has been a director of the Company since 1991. Mr. Flowers is, and has been since 1985, the principal of Orchid Development Company, a real estate developer in the Cayman Islands. Mr. Flowers also serves as a director of C.L. Flowers & Son, which is the largest manufacturer of wall systems in the Cayman Islands, and Cayman National Bank, a retail bank.
Carson K. Ebanks
Mr. Ebanks became the Cayman Islands government nominated director of the Company in May of 2001. Mr. Ebanks was the Director of Planning for the Cayman Islands from 1991 – 1997. Since 1997, he has served the Cayman Islands Government as a Chief Officer, currently for the Ministry of Community Services, Works and Infrastructure.
Mr. Ebanks is a Justice of the Peace, a Fellow of the Royal Geographic Society, a member of the American Planning Association and a member of the Most Excellent Order of the British Empire. He holds a Bachelor of Environmental Studies (Hons. Urban and Regional Planning – Peace and Conflict Studies Minor) from the University of Waterloo, and a Master of Arts – Planning in Community and Regional Planning from the University of British Columbia.
He is a trustee of the National Gallery of the Cayman Islands. Mr. Ebanks has served on the Boards of the Trustees for the Cayman Islands Museum, the Cayman Islands Civil Service Co-operative Credit Union, the Housing Development Corporation, the Water Authority-Cayman, the National Roads Authority, and is the Secretary General of the Cayman Islands Olympic Committee.
Raymond Whittaker
Mr. Whittaker has served as a director of the Company since 1988. Mr. Whittaker was the Managing Director of TransOcean Bank & Trust, Ltd., a bank and trust company located in the Cayman Islands and a subsidiary of Johnson International, Inc., a bank holding company located in Racine, Wisconsin from 1984 to December 2000.
He is now the principal of his own company and management firm, FCM Ltd.
Frederick W. McTaggart
Mr. McTaggart has been a director of the company since 1998, President since October 2000 and Chief Executive Officer since January 1, 2004. On January 1, 2004, Mr. McTaggart resigned as Chief Financial Officer, a position he held since February 2001.
From April 1994 to October 2000, Mr. McTaggart was the Managing Director of the Water Authority-Cayman, the government-owned water utility serving certain areas of the Cayman Islands.
He received his B.S. in Building Construction from the Georgia Institute of Technology in 1985.
Linda Beidler-D’Aguilar
Ms. Beidler-D’Aguilar is an attorney and has lived and worked in The Bahamas since 1991. Since July 2015, she has been a partner and head of the financial services practice at Glinton Sweeting O’Brien, a full-service boutique law firm located in Nassau, Bahamas, which specializes in financial services, corporate advisory services, securitization, real estate and resort development and commercial litigation.
From January 2005 to July 2015, Ms. Beidler-D’Aguilar was a partner at Graham Thompson, a law firm located in The Bahamas and Turks & Caicos specializing in trust and estate planning, commercial matters, civil litigation, family law, securitization, employment and immigration matters. Prior to joining Graham Thompson, Ms. Beidler-D’Aguilar worked briefly at another local law firm, before which she served as Vice President – Legal & Trademark, overseeing global intellectual property and domestic legal matters, at Bacardi & Company Limited for almost 9 years. Previously she was employed by two major trust companies in The Bahamas. Before moving to The Bahamas, Ms. Beidler-D’Aguilar practiced law in the United States.
She was a Director of the Bahamas Financial Services Board from 2010 to 2014 and continues to be active in the Bahamas Financial Services Board’s regulatory, legislative and product development initiatives. She holds various awards from the Bahamas Financial Services Board for services to the financial industry and speaks regularly at financial services conferences worldwide. Currently, Mrs. Beidler-D’Aguilar serves as a non-executive member of the Board of Directors of Clairmont Trust Company Limited.
She is also actively involved in scholarship programs that assist talented Bahamian students to get the best possible post-secondary education and training. Ms. Beidler-D’Aguilar received a B.S. in Foreign Service from Georgetown University’s School of Foreign Service in 1984 and a J.D. from the Georgetown University Law Center in 1988.
Kim Adamson
Ms. Adamson is a strategic infrastructure executive with almost 30 years of experience in the water
industry. She spent 10 years of her career as the General Manager of public water utilities, has held various water-related board positions, and completed corporate governance training at the Columbia Business School.
Her private sector work experience includes leadership positions with various notable companies in the water industry, including Brown and Caldwell, Kiewit Infrastructure Group, and Algonquin Power and Utilities Corporation.
Ms. Adamson holds a Master of Public Administration degree and a Bachelor of Science degree in Mechanical Engineering.
Maria Eleana Giner
Dr. Giner has more than 35 years of executive leadership in water infrastructure, capital planning and asset management, environmental policy and regulatory strategy.
She is a former Commissioner (U.S. Section) of the International Boundary and Water Commission (IBWC). As Commissioner she was responsible for the application of numerous boundary and water treaties/agreements and for the maintenance and operation of water infrastructure that included four diversion dams, two flood control and water storage dams, two hydroelectric power plants and two wastewater treatment plants. She also administered a capital program of over $1 billion for the IBWC. Dr.
Giner holds a Ph.D. in Public Policy, a Master of Business Administration degree, a Bachelor of Science degree in Civil Engineering, and is a registered Professional Engineer in the
State of Texas.
Geronimo Gutierrez Fernandez
Mr. Gutiérrez Fernández is Managing Partner of BEEL Infrastructure, a financial advisory and asset
management firm based in Mexico City. After a 20-year career in senior government positions, his
professional work now focuses on infrastructure development and financing and providing strategic advice to global firms with operations throughout the Americas.
Mr. Gutiérrez Fernández served as Mexico’s ambassador to the United States in 2017 and 2018, during which time he was extensively involved in the negotiations for the United States of America, Mexico and Canada agreement (USMCA). Mr. Gutiérrez Fernández was the Managing Director of the North American Development Bank headquartered in San Antonio, Texas from 2010 to 2016, during which time the bank completed numerous successful bond offerings in the U.S. and European markets.
Mr. Gutiérrez Fernández holds a Master’s degree in Public Administration from Harvard’s John F. Kennedy School of Government and a Bachelor of Arts degree in Economics.
Our Advisory Board
Our Advisory Board serves as a consultative and advisory body to the Board of Directors and the Company’s management, and provides strategic insight, industry knowledge and access to relationships that benefit the Company.
Brian E. Butler
Mr. Butler joined the Company’s Advisory Board in June 2026 and was a director of the Company from 1983 until his retirement in 2026. Mr. Butler, a full time resident of the Cayman Islands, has been the president since 1977 of Butler Property Development Group, a consortium of property development companies specializing in luxury resort projects in the Cayman Islands, Turks and Caicos Islands and British Columbia, Canada.
Wilmer F. Pergande
Mr. Pergande joined the Company’s Advisory Board in June 2026 and was a director of the Company from 1978 until his retirement in 2026. Mr. Pergande is the principal of WF Pergande Consulting LLC currently providing consulting engineering services in the areas of desalination and fluid dynamics technologies. He retired in 2005 as the Global Leader for Desalination and Process Equipment for GE Infrastructure, Water and Process Technologies, a water desalination and treatment division of GE, a position he held since 2002.
Mr. Pergande previously held the position of Vice-President of Special Projects, and CEO of a subsidiary, of Osmonics, Inc., a publicly-traded water treatment and purification company, until its acquisition by General Electric Co. Before joining Osmonics, Mr. Pergande was the Chief Executive Officer of Licon International, Inc., a publicly traded manufacturer of liquid separation and processing equipment.
Previously, Mr. Pergande was the President of Mechanical Equipment Company, Inc., and held executive managerial positions with AquaChem Inc., both companies being manufacturers of seawater desalination equipment. In 2007, he was elected a Director of the International Desalination Association and also serves as its Secretary.
Executive Management Team
Frederick W. McTaggart
Chairman & CEO
Ramjeet Jerrybandan
Executive Vice President and Chief Operating Officer
David W. Sasnett
Executive Vice President, Chief Financial Officer and Director
Douglas R. Vizzini
Executive Vice President, Chief Accounting Officer
Sachin Chawla
Senior Vice President, Strategy & Growth
Armando Averhoff
Vice President of Information Technology
Cristina Urenda
Vice President of Finance
Nate Owen
President, PERC Operations
Steve Owen
VP Infrastructure Development, PERC Operations
Manuel Thomaz
General Manager, Cayman Water
Jason Carlson
President, Manufacturing
Jared Johnson
Director of Human Resources
People – the heart of any organization
“Coming together is a beginning; keeping together is progress; working together is success.”
Henry Ford
Our Company
We conduct our operations in the Cayman Islands, The Bahamas, the United States, and the British Virgin Islands through our subsidiaries and our affiliate:
Retail
Cayman Water Co. Limited
Cayman Islands
100% Equity
Bulk
Consolidated Water (Bahamas) Limited
The Bahamas
90.9% Eqiuty
Ocean Conversion (Cayman) Limited
Cayman Islands
100% Equity
Services
PERC Water Corporation
United States
100% Equity
Ramey Environmental
Compliance, Inc.
United States
100% Equity
DesalCo Limited
Cayman Islands
100% Equity
Kalaeloa Desalco LLC
United States
100% Equity
Manufacturing
Aerex
United States
100% Equity
Corporate
Aquilex
United States
100% Equity
Affiliates
Ocean Conversion (BVI) Ltd.
British Virgin Islands
43.5% Eqiuty