Investment Firm Offers Ground-breaking Technology in Bid For Construction of California Desalination Plant
As the State of California begins planning to build as many as fifteen new R/O desalination plants, a consortium of engineering and development experts believes they have a solution for building more energy efficient R/O plants than the current benchmark, a $1 billion Public Private Partnership (P3) plant in Carlsbad, the largest ever built in the Western Hemisphere.
Richard Gayton of Lakeside Virtual Family Offices organized the consortium by retaining Scott Wilcox of Scorpion Computer Services, a think tank of geniuses, to determine the feasibility of building a more energy-efficient plant. Gayton then asked Grapevine Advisors (GVA), with experience in P3s, and headed by long-time construction leader James Acevedo, to add some design ideas to the project. Scorpion’s research concluded that by using new membrane technology they could decrease the cost of water treatment at Carlsbad by 9% to 18%, which corresponds to decreasing the current cost from $1.75/m³ down to 1.43-1.59 $/m³. GVA offers additional alternative energy sources and techniques that, if applied to the final design, could result in even greater savings.
The state is of two minds- Proposition 1, the $7.5 billion water bond measure approved by voters in 2014, allocates $100 million to help local water agencies build desalination plants. Meanwhile, the environmental regulations and opposition remain a formidable opponent to current designs (Read more here: http://www.sacbee.com/news/state/California/water-and-drought/article49468770.html#storylink=cpy). This coming November 2016, Californians may be able to vote on a ballot measure that would divert funds from Governor Brown’s high-speed rail project (estimated cost of nearly $70 billion) towards new water storage facilities to alleviate California’s periodic droughts.
Richard Gayton says, “Most people in California think Reverse Osmosis desalination plants are energy and environmental issues. Safe drinking water is a worldwide health issue. For instance, most human illness comes from water-borne pathogens. We must consider conservation, alternative energy, and modernizing desalination plants as a wholistic approach to address a serious global issue.”
For more information, contact Richard Gayton at Lakeside Virtual Family office at (818) 736-5500.
About Lakeside Virtual Family Offices
Lakeside Virtual Family Office (LVFO) is an investment practice comprised of a virtual team of prominent and experienced advisors who coordinate private wealth management, estate planning, and succession plans for a select clientele of ultra, high-net-worth individuals and families. Similar to a financial concierge service, LVFO bundles many valuable services under the same roof to provide the expertise and the availability to accommodate our clients’ various needs including, but not limited to: estate planning, tax planning, investment management, philanthropy, art and wine collection management— even the family vacation compound.
Located at 4450 Lakeside Drive, Suite 350, Toluca Lake, CA, 91505. (818) 736-5500. http://lakesidevfo.com
About Grapevine Advisors
Headquartered in Sherman Oaks, California, Grapevine’s focus is development of transit-oriented mixed-use master planned communities that include retail, dining, life style entertainment, residential, commercial and hospitality components across the western United States. They seek to enrich communities that are long overdue for revitalization which includes state of the art educational facilities, open space, job creation and job retention. Located at 15301 Ventura Blvd., Building-B, Suite 490, Sherman Oaks, CA, 91403. (818) 285-8137. Website: http://www.grapevinedevco.com
About Scorpion Computer Services
Today, Scorpion Computer Services primarily serve clients with needs in information technology design and architecture, cyber security, and general strategic problem-solving. O’Brien has mitigated security risks for some of the world’s largest corporations, and has invented and applied Artificial Intelligence engines to protect United States military personnel in Afghanistan. Scorpion Computer Services is a think tank for hire that provides consulting and product development to companies, government and military worldwide. Scorpion Computer Services’ public-facing arm, ConciergeUp.com, provides intelligence on demand for ANY funded need. Located in Los Angeles. (818) 237-9085. http://www.scorpioncomputerservices.com