Water Finance

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 greatRead More

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 meterRead More

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 wouldRead More

By Jeff McCracken Non-revenue water loss is among the biggest challenges facing the water industry and the world. Nearly one-third of all water, amounting to $39 billion annually, is lost before it ever reaches a customer, according to a report from Frost & Sullivan. Water scarcityRead More

The Association of Metropolitan Water Agencies released an update in it’s Monday Morning Briefing today noting that a thinly divided Congress could result in a complex policy landscape on many issues including water and infrastructure. Voters across the country delivered somewhat mixed messages on ElectionRead More

The National Association of Clean Water Agencies (NACWA) has released a new report by CDM Smith in collaboration with NACWA, the Water Environment Federation (WEF) and the North East Biosolids and Residuals Association (NEBRA) that quantifies the cost impacts of PFAS policies and regulations at 29 publiclyRead More

By Keith Oldewurtel In the United States, water and wastewater utilities are managing many challenges, with the EPA estimating that addressing the nation’s water infrastructure needs will cost hundreds of billions of dollars over the next several decades. Faced with increasing water quality initiatives, limitedRead More

By John Ryan The WIFIA Loan Program recently announced that it has reset the interest rates on two undrawn loan commitments originally made in mid-2018. The fixed rate on a $135 million loan to Orange County Water District and a $614 million loan to SanRead More

Michigan Gov. Gretchen Whitmer, along with bipartisan and bicameral partners, recently announced MI Clean Water, a $500 million comprehensive water infrastructure investment in Michigan’s water systems from source to tap. The MI Clean Water plan, the state says, marks a significant investment after decades of underinvestment in Michigan’s infrastructure. “SinceRead More

The Orange County Water District received a low-interest loan from the Clean Water State Revolving Fund (CWSRF) that will save ratepayers an estimated $1.4 million dollars annually over the life of the 30-year loan. The up to $181 million loan was granted for use towardRead More