EX-21.1 2 g06101exv21w1.htm EX-21.1 SUBSIDIARIES

EX-21.1 Subsidiaries

Exhibit 21

CONSOLIDATED WATER CO. LTD. AND RELATED COMPANIES

Affiliates of the Registrant

     The following list includes all of the Registrant’s wholly-owned subsidiaries and affiliates as of December 31, 2006. All subsidiaries of the Registrant appearing in the following table are included in the consolidated financial statements of the Registrant.

Affiliates		Jurisdiction of Organization
Aquilex, Inc. (100%)		United States of America
Cayman Water Company Limited (100%)		Cayman Islands
Consolidated Water (Bahamas) Limited		The Bahamas
(formerly, Waterfields Company Limited)(90.9%)
Consolidated Water (Belize) Limited (formerly, Belize Water Limited) (100%)		Belize
Consolidated Water (Bermuda) Limited		Bermuda
DesalCo (Barbados) Ltd. (100%)		Barbados
DesalCo Limited (100%)		Cayman Islands
Ocean Conversion (BVI) Ltd. (Affiliate)		The British Virgin Islands
Ocean Conversion (Cayman) Limited (100%)		Cayman Islands