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<SEC-DOCUMENT>0001299933-05-000841.txt : 20050222
<SEC-HEADER>0001299933-05-000841.hdr.sgml : 20050221
<ACCEPTANCE-DATETIME>20050222112822
ACCESSION NUMBER:		0001299933-05-000841
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20050217
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20050222
DATE AS OF CHANGE:		20050222

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CONSOLIDATED WATER CO LTD
		CENTRAL INDEX KEY:			0000928340
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25248
		FILM NUMBER:		05629840

	BUSINESS ADDRESS:	
		STREET 1:		TRAFALGAR PL
		STREET 2:		WEST BAY RD
		CITY:			GRAND CAYMAN BWI CAY
		STATE:			E9
		ZIP:			00000
		BUSINESS PHONE:		8099474277

	MAIL ADDRESS:	
		STREET 1:		TRAFALGAR PLACE, WEST BAY ROAD, P.O. BOX
		STREET 2:		GRAND CAYMAN, CAYMAN ISLANDS, BWI

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CAYMAN WATER CO LTD
		DATE OF NAME CHANGE:	19941212
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_3251.htm
<DESCRIPTION>LIVE FILING
<TEXT>
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<TITLE> Consolidated Water Co. Ltd. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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<BR>
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	February 17, 2005
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	Consolidated Water Co. Ltd.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Cayman Islands
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	0-25248
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	Not Applicable
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	Trafalgar Place, West Bay Road, P.O. Box 1114 GT, Grand Cayman, Cayman Islands
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	&nbsp;
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	none
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
	(Zip Code)
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	Registrant&#146;s telephone number, including area code:
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	&nbsp;
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	345-945-4277
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<P ALIGN="CENTER">
<FONT SIZE="2">
	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="2">
	&nbsp;
</FONT>
<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
</P>
<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<FONT SIZE="2">Top of the Form</FONT>
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<B>
	Item 8.01. Other Events.
</B>
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</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
On February 17, 2005, Consolidated Water Co. Ltd. (the "Company") announced that the Bahamas government accepted the Company's bid to build a new seawater desalination plant (the "Blue Hills" plant), and to expand its existing seawater desalination plant (the "Windsor" plant) on the island of New Providence in the Commonwealth of the Bahamas.  Prior to commencing construction on the Blue Hills and Windsor plants, the Company must negotiate a definitive agreement with the Water and Sewerage Corporation of the Bahamas and obtain financing for the projects, which is anticipated to be primarily in the form of debt.  <br><br>A copy of the press release is attached as Exhibit 99 to this report.<br>
</FONT>
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<B>
	Item 9.01. Financial Statements and Exhibits.
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(c) Exhibits.<br><br>Exhibit No. - 99<br>Title - Press release issued by Consolidated Water Co. Ltd. on February 17, 2005.<br>
</FONT>
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<B>
	SIGNATURES
</B>
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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<FONT SIZE="2">
	Consolidated Water Co. Ltd.
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	&nbsp;&nbsp;
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<I>
	February 22, 2005
</I>
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	&nbsp;
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<FONT SIZE="2">
<I>
	By:
</I>
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</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
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</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	Frederick W. McTaggart
</I>
<BR>
</FONT>
</TD>
</TR>
<TR>
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<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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	&nbsp;
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<HR SIZE="1" NOSHADE>
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	&nbsp;
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<I>
	Name: Frederick W. McTaggart
</I>
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<I>
	Title: President and Chief Executive Officer
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	Exhibit&nbsp;Index
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	Exhibit No.
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	&nbsp;
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	Description
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	99
</DIV>
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	&nbsp;
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<FONT SIZE="2">
Press Release by Consolidated Water Co. Ltd. on February 17, 2005.
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<TYPE>EX-99
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<FILENAME>exhibit1.htm
<DESCRIPTION>EX-99
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<P align="right" style="font-size: 10pt"><FONT style="font-size: 10pt"><B>Exhibit&nbsp;99</B></FONT>



<P align="left" style="font-size: 10pt"><FONT style="font-size: 12pt"><U>For Immediate Release</U></FONT>


<P align="center" style="font-size: 12pt"><FONT style="font-size: 14pt"><B>CONSOLIDATED WATER AWARDED CONTRACT FOR<BR>
BLUE HILLS WATER PROJECT IN BAHAMAS</B></FONT>



<P align="center" style="font-size: 14pt"><FONT style="font-size: 12pt"><B>COMPANY&#146;S LARGEST SEAWATER DESALINATION PLANT TO ADDRESS CRITICAL WATER SHORTAGE IN NASSAU</B></FONT>



<P align="left" style="font-size: 12pt">GEORGE TOWN, Cayman Islands, B.W.I. (February&nbsp;17, 2005) &#151; Consolidated Water Co. Ltd. (Nasdaq
National Market: &#147;CWCO&#148;), which develops and operates seawater conversion plants and water
distribution systems in areas where natural supplies of drinking (i.e., potable) water are scarce,
today announced that the Hon. Bradley Roberts, Minister of Works of the Government of the Bahamas
announced at a press conference in the Bahamas yesterday that the Bahamas government has accepted
the Company&#146;s bid to build a new seawater desalination plant (the &#147;Blue Hills&#148; plant), and to
expand its existing seawater desalination plant (the &#147;Windsor&#148; plant) on the island of New
Providence in the Commonwealth of the Bahamas.


<P align="left" style="font-size: 12pt">When completed, the Blue Hills plant will be capable of producing 7.2&nbsp;million US gallons of potable
water per day (USgpd) and will be the Company&#146;s largest seawater conversion facility. Consolidated
Water will also expand the capacity of its existing Windsor plant by almost 40%, to approximately
3.6&nbsp;million USgpd, under the terms of its contract with the government-owned Water and Sewerage
Corporation in Nassau.


<P align="left" style="font-size: 12pt">At the present time, the island of New Providence, where Nassau &#151; the capital of the Commonwealth
of the Bahamas &#150; is located, suffers from critical water shortages and must import potable water
via barges from neighboring Andros Island. Consolidated&#146;s contract with the Water and Sewerage
Corporation is designed to dramatically increase Nassau&#146;s self-sufficiency by converting seawater
into potable (i.e., drinking) water utilizing reverse osmosis technology. The Blue Hills contract
is for twenty (20)&nbsp;years, or until 35&nbsp;billion US gallons of water have been supplied to the Water
and Sewerage Corporation.


<P align="left" style="font-size: 12pt">&#147;We are very pleased to have received a letter of acceptance of the Blue Hills bid, following an
extended bid evaluation process, and look forward to our role in easing the water crisis in
Nassau,&#148; stated Jeffrey Parker, Chairman of Consolidated Water Co. Ltd. &#147;The Blue Hills plant will
be our largest water production facility, and when combined with the expanded output of our
existing Windsor plant, should transform Nassau into the Company&#146;s largest single market, in terms
of water volume, within the next several years. The combined capacity of the two plants will
exceed 10.8&nbsp;million US gallons per day, compared with the Company&#146;s total combined water production
capacity of approximately 11.9&nbsp;million US gallons per day in all of its markets throughout the
Caribbean region at the present time.&#148;


<P align="left" style="font-size: 12pt">&#147;The Blue Hills plant will incorporate the highly efficient <I>DWEER&#153; </I>energy recovery system and
should be fully operational within 15&nbsp;months of contract signing,&#148; commented Rick McTaggart,
President and Chief Executive Officer of Consolidated Water Co. Ltd. &#147;Meanwhile, we intend to
expand our water production on a short-term basis by installing temporary, modular seawater
desalination facilities on the island of New Providence. Our contract also calls for Consolidated
to provide engineering services and equipment in order to reduce the amount of water that is &#145;lost&#146;
(due to leakage, theft, etc.) throughout the Water and Sewerage Corporation&#146;s pipeline distribution
system on New Providence.&#148;


<P align="left" style="font-size: 12pt">Consolidated Water Co. Ltd. is engaged in the development and operation of seawater conversion
plants and water distribution systems in areas of the world where naturally occurring supplies of
potable water are scarce or nonexistent. The Company currently operates reverse osmosis seawater
conversion facilities in the Cayman Islands, the British Virgin Islands, Barbados, Belize and the
Commonwealth of the Bahamas.


<P align="left" style="font-size: 12pt">The common stock of Consolidated Water Co. Ltd. is traded on the Nasdaq National Market under the
symbol &#147;CWCO&#148;. Additional information on the Company is available on its website at
<U>http://www.cwco.com</U>.


<P align="left" style="font-size: 12pt"><FONT style="font-size: 9.5pt"><I>This press release includes statements that may constitute &#147;forward-looking&#148; statements,
usually containing the words &#147;believe,&#148; &#147;estimate,&#148; &#147;project,&#148; &#147;intend,&#148; &#147;expect&#148; or similar
expressions. These statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially from the forward-looking
statements. Factors that would cause or contribute to such differences include, but are not limited
to, continued acceptance of the Company&#146;s products and services in the marketplace, changes in its
relationship with the Governments of the jurisdictions in which it operates, the ability to
successfully secure contracts for water projects in other countries, such as the Blue Hills and
Windsor plants in the Bahamas, the ability to develop and operate such projects profitably, the
Company&#146;s ability to manage growth and other risks detailed in the Company&#146;s periodic report
filings with the Securities and Exchange Commission. Prior to commencing construction on the Blue
Hills and Windsor plants, the Company must negotiate a definitive agreement with the Water and
Sewerage Corporation of the Bahamas and obtain financing for the projects, which is anticipated to
be primarily in the form of debt. No assurances can be made that the Company will be able to obtain
financing at all or that the available financing opportunities will be on terms acceptable to the
Company. By making these forward-looking statements, the Company undertakes no obligation to update
these statements for revisions or changes after the date of this release.</I></FONT>


<P align="center" style="font-size: 9.5pt"><FONT style="font-size: 10pt">For further information, please contact:</FONT>



<P align="center" style="font-size: 10pt">Frederick W. McTaggart, President at (345)&nbsp;945-4277 or via e-mail at <U><I>info@cwco.com</I></U><BR>
<U><I>http://www.cwco.com</I></U><BR>
or<BR>
RJ Falkner &#038; Company, Inc., Investor Relations Counsel at (800)&nbsp;377-9893 or via e-mail at<BR>
<U><I>info@rjfalkner.com </I></FONT><FONT style="font-size: 12pt"> </U></FONT>




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