Water Finance

The Cleveland Water Alliance (CWA) in February announced the launch of the Freshwater Innovation Fund, a venture capital fund focused on investments in water technology. Through the Fund, Cleveland Water Alliance aims to provide opportunities for innovators and investors to accelerate positive impact on globalRead More

The U.S. Environmental Protection Agency (EPA) has announced more than $2.4 billion from President Joe Biden’s Bipartisan Infrastructure Law for states, Tribes, and territories through this year’s Clean Water State Revolving Fund (CWSRF). EPA says the funding will support communities in upgrading essential water, wastewater,Read More

The U.S. Environmental Protection Agency (EPA) has announced the availability of $2 billion from President Joe Biden’s Bipartisan Infrastructure Law to address emerging contaminants like Per- and Polyfluoroalkyl Substances (PFAS) in drinking water across the country. The investment, which is allocated to states and territories,Read More

Ridgewood Infrastructure LLC and IDE Technologies, LTD have announced the closing of a public-private partnership (P3) with the City of Fort Lauderdale, Florida, to design, build and operate a new 50 million gallons per day water treatment plant – the Prospect Lake Clean Water Center.Read More

By John Ryan Stakeholders of the U.S. EPA WIFIA loan program will recall that the program ran into a serious-sounding issue about correct budgeting a few years ago. The issue arises when a WIFIA loan is made to an infrastructure project that has some degreeRead More

The U.S. Environmental Protection Agency (EPA) recently announced a $340 million financing commitment to upgrade the City of Philadelphia’s aging drinking water infrastructure, including replacing customers’ lead service lines. The agency says a Water Infrastructure Finance and Innovation Act (WIFIA) low-interest loan will jumpstart theRead More

The National Association of Clean Water Agencies (NACWA) expressed its disappointment this week at the outcome of a nearly five-year process to significantly overhaul the U.S. EPA’s Financial Capability Assessment (FCA) Guidance and ‘meaningfully address’ the growing ratepayer affordability gap. First issued in 1997, theRead More

In January 2023, the Alliance for Water Efficiency (AWE) released its 2022 U.S. State Policy Scorecard for Water Efficiency and Sustainability (Scorecard), which ranks each U.S. state based on its adoption of laws and policies that advance water efficiency, conservation, sustainability and affordability. California wasRead More

Research centers focused on stormwater infrastructure will be established through federal funding after extensive support from the Water Environment Federation (WEF) and the National Municipal Stormwater Alliance (NMSA). Congress has provided $3 million in initial funding for the establishment of three to five Centers ofRead More

By John Ryan The EPA’s WIFIA loan program offers several interest rate management features that are highly beneficial for large-scale infrastructure financings, including a U.S. Treasury-based fixed-rate lock for construction and permanent drawdowns, post-execution rate resets until draw, and no-penalty cancellation and prepayment. All areRead More