Water Finance

Earlier this month, the U.S. Environmental Protection Agency (EPA) announced projects that have been selected to receive over $30 million in grant funding under the Water Infrastructure Improvements for the Nation (WIIN) Act. This grant funding, and additional funding through the Bipartisan Infrastructure Law, willRead More

The ratings of U.S. public finance issuers affected by Hurricane Ian will largely remain stable, although the credit quality of some issuers with lesser resources and financial flexibility could weaken, says Fitch Ratings. While the full extent of property damage in Florida, Georgia and theRead More

The U.S. Environmental Protection Agency (EPA) announced a $315 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to Metro Water Services in Nashville, Tennessee. With EPA’s WIFIA loan, Metro Water Services will modernize its infrastructure to provide safe, reliable drinking water to its growingRead More

A group of water sector organizations and technology companies are asking the U.S. Environmental Protections Agency (EPA) to expand Build America, Buy America (BABA) waivers for all EPA-funded water and wastewater infrastructure projects through the end of 2024, AMWA says. The associations and companies areRead More

According to the Association of Metropolitan Water Agencies (AMWA), Sen. Michal Bennet’s (D-Colo.) anticipated legislation would make it easier for water systems to finance full lead service line replacements with tax-exempt bonds. Bennet’s Financing Lead Out of Water (FLOW Act) is almost identical to aRead More

In August, Monroe County Water Authority (MCWA) joined with the New York Power Authority (NYPA), developer Sol Systems, local dignitaries and elected officials to celebrate the completion of its new 5 MW ground-mounted solar array in Penfield with a ‘flip the switch’ ceremony. The projectRead More

By Wayne Hofmann & Rory Ball The fanfare accompanying the passage of the $1.2-trillion Infrastructure Investment and Jobs Act (IIJA) might make you believe our industry’s dreams are coming true. After decades of clamor for increased investment in water and sewer infrastructure, the Federal governmentRead More

According to a recent annual peer review for the sector by Fitch Ratings, U.S. water utilities have fared remarkably well post-coronavirus and are withstanding the effects of inflation on operations and capital spending. Operating costs are up across the board after a decline in fiscalRead More

Why It’s Important to Think Strategically, Creatively and Holistically When Working with ARPA, IIJA Funds By Jeff Rowe Utilities are faced with a rare and remarkable opportunity to impact the present-day situation of their users and rate payers while also altering the long-term future ofRead More

The Inflation Reduction Act (H.R. 5376), which Congressional Democrats are calling a major climate change and clean energy bill signed into law by President Joe Biden last week, included several modest provisions designed to respond to the ongoing drought affecting the Western United States. WhileRead More