Water Finance

The Lake County Illinois Public Works Department in Libertyville, Ill., owns and operates two public water supply distribution systems across a large service territory in Northeast Illinois.

EPA invites 55 new projects to apply for WIFIA loans

January 13, 2021 at 11:48 am 0 comments

The U.S. Environmental Protection Agency (EPA) announced that 55 new projects in 20 states are being invited to apply for approximately $5.1 billion in Water Infrastructure Finance and Innovation Act (WIFIA) loans. This funding will help finance more than $12 billion in clean water and drinking water infrastructure projects inRead More

Water sector commends Congress for relief in appropriations package

Water sector commends Congress for relief in appropriations package

January 4, 2021 at 10:22 am 0 comments

Congress recently released the Fiscal Year 2021 Consolidated Appropriations bill. The legislation contains a provision to create the first ever Low-Income Household Drinking Water and Wastewater Emergency Assistance Program with $638 million in appropriations – an historic win for water accessibility and the first appropriation of its kind for water assistance.Read More

EPA launches new clearinghouse for environmental finance

EPA launches new clearinghouse for environmental finance

December 14, 2020 at 11:30 am 0 comments

The U.S. Environmental Protection Agency (EPA) has launched the Clearinghouse for Environmental Finance (Clearinghouse), an online database of land, air, and water information. This new Clearinghouse catalogues available funding, financing, and instructional resources to aid communities in their efforts to improve environmental conditions. The Office of Policy collaborated with the OfficeRead More

How Will Water Affordability be Defined for the Next 20 Years?

How Will Water Affordability be Defined for the Next 20 Years?

December 9, 2020 at 8:00 am 0 comments

The EPA has a chance to listen and implement water industry leaders’ recommendations on affordability using new data, methods, metrics and digital technologies. Here’s a review of submitted comments to the EPA on its proposed affordability guidance updates.  By Greg Baird In the United States, the water affordability paradigm isRead More

NACWA: Clean water funding excluded from final WRDA package

NACWA: Clean water funding excluded from final WRDA package

December 7, 2020 at 8:00 am 0 comments

Friday evening, Congress released its long-awaited conferenced Water Resources and Development Act (WRDA). Over the past several cycles, this bill has become the vehicle of choice for authorizing essential funding for clean and drinking water infrastructure. While both the House and Senate Committee versions of WRDA 2020 included clean waterRead More

Closing the Funding Gap: Finance Considerations for Today & Tomorrow

Closing the Funding Gap: Finance Considerations for Today & Tomorrow

November 30, 2020 at 10:13 am 0 comments

By Ian Lancaster & Katie Cason The COVID-19 pandemic and resulting economic volatility cast a blanket of uncertainty over many industries, causing key stakeholders — from investors to business leaders — to assess the shifting landscape and long-term implications for various sectors. For the water/wastewater infrastructure sector, there is little dispute regardingRead More

EPA receives 67 new requests for WIFIA financing

EPA receives 67 new requests for WIFIA financing

November 23, 2020 at 10:00 am 0 comments

The U.S. Environmental Protection Agency (EPA) has received 67 letters of interest in response to the agency’s 2020 Water Infrastructure Finance and Innovation Act (WIFIA) Notice of Funding Availability. A total of $9.2 billion was requested this year — the largest amount ever requested through the WIFIA program. “These lettersRead More

Water, wastewater investment firm Sylmar Group officially launches

Water, wastewater investment firm Sylmar Group officially launches

November 20, 2020 at 2:39 pm 0 comments

Sylmar Group, a company dedicated to investing in legacy operating water and wastewater services businesses, has announced its official launch following a successful capital raise. Founders Peter Brooks and Michael Warady bring decades of water industry experience to the mission of buying and operating great companies providing mission-critical water andRead More

Veolia North America acquires meter-reading company Energenix

Veolia North America acquires meter-reading company Energenix

November 19, 2020 at 9:45 am 0 comments

Representing a growth strategy focused on clean energy, Veolia North America, through its energy subsidiary, SourceOne Inc., has acquired Energenix, a Boston-based utility meter reading and billing service that provides services throughout Eastern Massachusetts. The acquisition makes Veolia North America the leading provider of meter reading and billing services inRead More

Senators propose level EPA funding for 2021, no WIFIA cuts

Senators propose level EPA funding for 2021, no WIFIA cuts

November 16, 2020 at 12:22 pm 0 comments

The U.S. EPA’s water infrastructure financing programs would be in line for approximately level funding next year under a plan for FY21 appropriations released by Senate Republicans last week. The funding proposal is detailed in the Association of Metropolitan Water Agencies’ (AMWA) Nov. 16 Monday Morning Briefing. The Republicans’ proposal would provide EPA with just underRead More