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Poseidon Moves Offices to Carlsbad

Poseidon Resources announced the company has moved its West Coast headquarters from downtown San Diego to Carlsbad.

Poseidon Resources' new address is 5780 Fleet St., Suite 140, in Carlsbad.

The move brings the company’s executives closer to its proposed desalination plant in Carlsbad, which has all the necessary approvals and will begin construction upon approval of a purchase agreement for the plant’s output of drinking water.

The plant would be the largest such facility in the western hemisphere and would provide about 10 percent of the San Diego region’s potable water needs.

Poseidon Resources specializes in developing and financing water infrastructure projects, primarily seawater desalination and water treatment plants. These projects are implemented through innovative public-private partnerships in which private enterprise assumes the developmental and financial risks. For more information on Poseidon Resources and the Carlsbad desalination plant visit our website at carlsbad-desal.com.

–Press Release by Poseidon Resources

MILT DARDIS October 07, 2012 at 12:22 PM
Show me the money. Poseidon Resources has yet to obtain any financing to build the Carlsbad Desal Plant. Now they want to float Ca State Bonds as they evidently cannot raise any capital as this project has gone from 275M to almost $1.0 Billion from the private sector. Now it will be up to us the taxpayers to bail out this ill founded project

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