Articles by: WFM Staff

Autodesk, Inc. has announced it has signed a definitive agreement to acquire Portland, Oregon-based Innovyze, Inc., a provider of water infrastructure software, for $1 billion net of cash subject to working capital and tax closing adjustments. The acquisition positions Autodesk as a technology leader in end-to-end water infrastructure solutions fromRead More

The 2021 recipients of the American Water Works Association’s Diversity & Inclusion Award are Cathy Bailey (individual award winner) and Xylem (organizational award winner). The awards recognize an individual, group or organization that has created and maintained diversity and inclusion by establishing an environment thatRead More

The U.S. stormwater sector faces an estimated $8.5 billion annual funding gap, according to a survey by the Water Environment Federation (WEF). The funding shortfall exists as municipalities nationwide work to maintain water infrastructure, control pollution in waterways, and protect communities from flooding. The fundingRead More

Water industry professionals are experiencing a data deluge. There’s a lot of data out there, gathered from sensors monitoring everything from water quality to pipe bursts — but altogether, it’s too much data divided among too many silos to make sense of what it allRead More

More than 8 million Texans still did not have access to safe drinking water as of Sunday night, according to multiple media reports and an update from the state Commission on Environmental Quality. Stemming from last week’s record low temperatures and severe winter weather acrossRead More

Aegion Corp. has entered into a definitive merger agreement with affiliates of investment firm New Mountain Capital in a $963 million deal that will result in Aegion becoming a private company. Aegion, based in St. Louis, is a leading provider of infrastructure maintenance, rehabilitation and protectionRead More

Last week the House of Representatives Energy and Commerce Committee marked up its contribution to the next COVID-19 relief bill last week. Included was an additional $500 million for the Low-Income Water Customer Assistance Program administered by Health and Human Services, bringing the potential totalRead More

Just days before Super Bowl LV kicked off in Tampa Bay, a water system in nearby Oldsmar, Florida, was the target of a cyber attack, renewing concerns around a major vulnerability for water utilities. The hack briefly multiplied the amount of sodium hydroxide, or lye,Read More

U.S. distributor of water, sewer and fire protection products Core & Main LP, has announced it has entered into a definitive agreement to acquire substantially all of the assets of Triple T Pipe & Supply, LLC, located in Lubbock, Texas. Financial terms were not disclosed.Read More

The U.S. Environmental Protection Agency’s (EPA) new Lead and Copper Rule (LCR) is not expected to impact utility credit quality over the near-term, but it could have a material effect on certain water utilities’ capex and credit profiles over the medium- to long-term, particularly forRead More