The concession of the integrated water cycle to the companies Sacyr and Aqualia, proposed by Canal Gestión Lanzarote, a subsidiary of Canal de Isabel II, has very little chance of succeeding. This situation was confirmed this Monday by various sources close to the process, forcing the Island Water Consortium to seek alternatives for water supply management on the island.

The final decision will be made at a Consortium assembly, which includes the Cabildo de Lanzarote and the seven island municipalities, expected to be held between the end of this week and the beginning of next. The Cabildo, with 60% representation, will have a decisive say in the resolution. It is anticipated that Arrecife, Teguise, and Tinajo will support the Cabildo's position, while Tías, San Bartolomé, Haría, and Yaiza might abstain or vote against.

Once the concession proposal is definitively discarded, the option of rescuing the service is positioned as the most likely, despite not being initially considered a priority at the assembly on April 9, 2025. While new measures are being defined, Canal Gestión Lanzarote will continue to provide the service, as required by the still-valid contract.

Should the rescue option be chosen, three future scenarios are being considered. The most probable alternative is the call for a new tender to transfer the integrated water cycle to a third party, with Canaragua already showing interest. The other two options include direct management, similar to when Inalsa operated the service, or a mixed management model, combining private capital and public presence in equal proportions.

Concurrently, the tariff review, requested almost two months ago from the Canary Islands Price Commission, is still in process. The procedure, which involved a demand for specific documents during the past Holy Week, still has no clear resolution date. If approved, all billing segments would be affected, with a possible increase in the basic cubic meter from 0.60 to 0.69 euros.