Water Finance

Water utilities lauded for ‘Utility of the Future Today’ achievements

Water utilities lauded for ‘Utility of the Future Today’ achievements

August 6, 2018 at 7:00 am 0 comments

The Utility of the Future Today initiative is recognizing 32 water utilities for transformational work in community engagement, watershed stewardship and recovery of resources such as water, energy and nutrients. The Utility of the Future Today recognition celebrates the achievements of water utilities that transform from the traditional wastewater treatment system toRead More

Proposed infrastructure plan would increase WIFIA appropriations

Proposed infrastructure plan would increase WIFIA appropriations

July 30, 2018 at 12:01 pm 0 comments

As part of a draft infrastructure bill released last week by House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.), the U.S. Environmental Protection Agency’s (EPA) Water Infrastructure Finance and Innovation Act (WIFIA) program would be reauthorized at $250 million over five years. According to the Association of Metropolitan WaterRead More

House approves EPA spending bill

House approves EPA spending bill

July 23, 2018 at 11:00 am 0 comments

The House of Representatives has approved FY19 appropriations legislation that would provide funding for the U.S. Environmental Protection Agency (EPA) next year. The bill as approved by the House would facilitate billions of dollars’ worth of low-cost water infrastructure loans. The bill, an Interior and Environment Appropriations bill, contains a totalRead More

Senate hearing avoids SRF WIN details, AMWA says

Senate hearing avoids SRF WIN details, AMWA says

July 17, 2018 at 12:26 pm 0 comments

According to the Association of Metropolitan Water Agencies (AMWA) in its Monday Morning Briefing for July 16, things got heated on Capitol Hill last week when supporters of the proposed SRF WIN Act clashed with committee members over the bill during a Senate Environment and Public Works (EPW) Committee hearing. AccordingRead More

Water Finance Conference welcomes Bateson as 2018 keynote speaker

Water Finance Conference welcomes Bateson as 2018 keynote speaker

July 17, 2018 at 11:20 am 0 comments

Nicolette N. Bateson, CPA, chief financial officer (CFO) and treasurer of the Great Lakes Water Authority (GLWA) will serve as the keynote speaker at the fourth annual Water Finance Conference to be held Aug. 28-29 at the Washington Court Hotel in Washington, D.C. The keynote address will take place during aRead More

American Water’s Sullivan named ‘CFO of the Year’ honoree

American Water’s Sullivan named ‘CFO of the Year’ honoree

July 13, 2018 at 3:31 pm 0 comments

Linda Sullivan, executive vice president and chief financial officer (CFO) of American Water, was recognized by the Philadelphia Business Journal as a CFO of the Year honoree. The award celebrates those executives who exemplify the professionalism, integrity, resilience, mastery of all the financial and people skills that make a great CFO. “IRead More

Veolia NA acquires American Water service contracts

Veolia NA acquires American Water service contracts

July 11, 2018 at 8:52 am 0 comments

Veolia North America has acquired the rights to 23 water treatment and energy service contracts from American Water Works Company, Inc. for $27 million. The transaction will expand the municipal water business of Veolia as 110 new employees will join its North American operation. As part of the sale agreement,Read More

Pruitt out at EPA as scandals mount

Pruitt out at EPA as scandals mount

July 9, 2018 at 11:15 am 0 comments

Scott Pruitt is out as the nation’s top environmental chief. President Donald J. Trump announced in a July 5 tweet he has accepted Pruitt’s resignation as administrator of the U.S. Environmental Protection Agency. The news comes amid growing controversy over ethical questions regarding Pruitt. Trump also announced deputy administrator AndrewRead More

Senate passes Farm Bill including water quality, funding provisions

Senate passes Farm Bill including water quality, funding provisions

July 2, 2018 at 7:40 am 0 comments

The U.S. Senate has passed the Agriculture Improvement Act of 2018 on an 86-11 vote. The bipartisan legislation would reauthorize the Farm Bill – as it is commonly referred to – for five years. The measure includes provisions that would extend programs that protect drinking water sources from farm runoff and offer assistanceRead More

WSSC elects new commission chair

WSSC elects new commission chair

July 2, 2018 at 7:30 am 0 comments

Eloise Foster has been elected the new commission chair of the Washington Suburban Sanitary Commission (WSSC). Foster, a commissioner representing Montgomery County since June 2016, was unanimously selected during a June commission meeting. Foster’s term as chair lasts until June 2019. She previously served as Commission Vice Chair for FiscalRead More