CHICAGO — Once considered primarily for drought-plagued regions in the Middle East, water desalination plants are closer to becoming a reality in some western regions of the United States, and tentative plans for a new plant in Northern California’s Marin Municipal Water District could involve the sale of up to $140 million of certificates of participation.

The facility to be built in Marin County would desalinate and treat saltwater taken from the San Francisco Bay, said Marin Water finance manager Terry Stigall.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.