VICTORVILLE - A Newport Beach energy company raising $25 million on behalf of the city for a wastewater treatment plant should have all of its investors lined up by spring 2010, a company spokesman said Monday.

The Inland Group has partnered with the city in its effort to breathe economic vitality into the Southern California Logistics Airport (SCLA), located on Air Expressway, east of Highway 395. It has bankrolled recruitment efforts to lure 50 investors from Asia to the High Desert under a federal program known as EB-5.

Under the program, each potential investor would invest $500,000 for infrastructure projects at SCLA in exchange for investor travel visas, green cards and a five-percent return on their investment over five years.

The $25 million secured from investors will cover the cost for construction of a wastewater treatment plant that will serve a $120 million Dr. Pepper Snapple bottling plant and a Plastipak plastics packaging facility currently under construction. Both are expected to be completed by spring, said Yvonne Hester, city spokeswoman.