Water Finance

Corix Infrastructure (U.S.), Inc. and SouthWest Water Company completed the merger of their water and wastewater businesses to create Nexus Water Group, Inc. (“Nexus Water Group”), a leading regulated water and wastewater utility. The closing of the merger was completed April 1, 2024. According toRead More

By Ken Sansone & Mike DiGiannantonio With EPA’s National Primary Drinking Water Regulation for PFAS now finalized, the recently announced 3M and DuPont settlements, stemming from the ongoing Aqueous Film-Forming Foam (AFFF) Multi-District Litigation (MDL) promise access to billions of dollars to cover PFAS treatmentRead More

The U.S. Environmental Protection Agency (EPA) has announced a $10 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the City of Memphis, Tennessee. EPA said the loan will support critical stormwater infrastructure updates to improve the city’s resiliency to storms. The City ofRead More

As part of the fourth Investing in America tour, Vice President Kamala Harris and U.S. Environmental Protection Agency Administrator Michael S. Regan recently announced more than $5.8 billion from President Joe Biden’s Investing in America agenda for states, Tribes and territories to invest in drinkingRead More

By Brian Redder & Erica Brown As 2024 commences, EPA is hard at work preparing to finalize two major rulemakings under the Safe Drinking Water Act by the end of the year: the PFAS national primary drinking water regulations and the Lead and Copper RuleRead More

North American water engineering and consulting firm Carollo Engineers has announced the expansion of its Financial Management Group with the appointment of a new associate vice president, Michael Van Antwerp, who will lead the firm’s Grants and Funding team.  Van Antwerp has more than 25Read More

The U.S. Environmental Protection Agency (EPA) has announced the expansion of its successful Closing America’s Wastewater Access Gap Community Initiative to 150 additional communities as part of President Biden’s Investing in America agenda. Originally launched in partnership with the U.S. Department of Agriculture (USDA), the initiative partnersRead More

| By Audra Dickinson U.S. water utilities are entering a calmer environment in 2024 as the rate of inflation continues to level off, so much so that Fitch Ratings has moved its sector outlook to neutral from deteriorating. Much of the improved picture is drivenRead More

In recent public comments submitted on the proposed Lead and Copper Rule Improvements (LCRI) rule, the American Water Works Association (AWWA) reiterated its support for removing lead service lines across the country, but recommended “critical revisions” to make the rule feasible and affordable. “Over the last several decades, theRead More

The Water Tower Global Innovation Hub in Buford, Georgia, will host 10th annual event for CFOs, finance professionals Aug. 6-7 The Water Finance Conference, a two-day educational seminar for water utility finance executives, will host its 2024 event Aug. 6-7 at The Water Tower Global InnovationRead More