Cox unit BDDG awarded $235 million in Accra desalination arbitration

The supplied Reuters item reports two final and binding arbitral awards concerning the Accra desalination plant. Ghana Water Company Limited must pay Cox Infrastructure Group unit BDDG $235 million net of taxes in termination payments, plus interest from April 1, 2026 and partial legal-cost reimbursement; Ghana is obligated under a sovereign guarantee, and counterclaims including a $144.5 million claim were dismissed. This is a material, forward-relevant legal outcome rather than market commentary, although collection, settlement terms, and Cox’s ultimate net cash proceeds remain uncertain because the parties continue negotiations and the award amount does not directly equal Cox’s net cash. The award date is not separately stated, so the supplied Reuters wire timestamp is used as an estimate with limited timestamp confidence. Stakeholder approval is limited to Cox, Standard Bank as an identified arbitration participant, and Sojitz as an identified project partner; speculative insurers, equipment suppliers, advisers, and other indirect beneficiaries are excluded.