Saturday, October 17, 2026

Consolidated Water Co creates new senior leadership role

Consolidated Water Co Ltd has created a new senior leadership role as it pushes ahead with expansion plans across its desalination and water treatment businesses.

The Cayman Islands-based company announced the appointment of Sachin Chawla as senior vice president, strategy and growth.

The position will oversee business development, sales and marketing while supporting mergers and acquisitions and other growth initiatives.

The appointment comes as Consolidated Water advances several projects and builds on growth reported across parts of its business during the past year.

“Sachin brings to Consolidated Water more than 25 years of water industry leadership experience spanning public and private sector businesses,” chief executive officer Rick McTaggart said in a press release.

“His background in large-scale desalination projects, public utility operations and complex project development will help us broaden our market reach, create new growth opportunities and drive the company’s next phase of growth.”

The company said Chawla will help execute its strategic growth plan as it expands its presence in existing and new markets.

During 2025, Consolidated Water reported record retail water volumes in Grand Cayman and increased cash and working capital to support project execution.

The company also expanded its project portfolio through new water treatment contract awards in Colorado and California, which are expected to contribute revenue primarily in 2026.

In the first quarter of 2026, Consolidated Water reported growth in its bulk water and services segments, supported by revenue from its newly commissioned Cat Island desalination facility in the Bahamas and continued activity in its operations and maintenance business.

The company expects to commission a second Cat Island plant in the second quarter of 2026.

It also anticipates beginning construction later this year on a 1.7 million gallon-per-day desalination project in Hawaii.

Chawla said he was joining the company as it looks to expand its operations, product offerings and geographic reach.

“I’m fortunate to join Consolidated Water at this exciting stage of its growth and development, as it looks to expand into new markets and complementary product lines, diversify revenue streams and widen its geographic footprint,” he said.

“My track record in originating and advancing strategic growth opportunities, building durable customer and partner relationships, and aligning commercial pursuits with operational strengths complements Consolidated Water’s mission to deliver reliable, sustainable and innovative water solutions for the communities and customers it serves.”

Chawla holds a Master of Science in environmental science and engineering from Oregon Health and Science University and a Bachelor of Engineering in chemical engineering from MIT Manipal, India.

Separately, Consolidated Water’s board approved a quarterly cash dividend of US$0.14 per share for the third quarter of 2026.

The dividend will be paid on 31 July to shareholders of record at the close of business on 1 July.

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