Water Finance

The National Association of Water Companies, which represents regulated water and wastewater companies in the United States, praised a Hollywood film for raising awareness about the importance of water quality and the dangers of PFAS/PFOA contamination in drinking water. The film, “Dark Waters,” now inRead More

More than $234 billion of capital expenditures (CAPEX) are expected over the next 10 years to address aging municipal water and wastewater pipe network infrastructure, according to a new forecast from Bluefield Research. Precipitated by decades of underinvestment, municipal utilities are under increasing pressure toRead More

The City of Norwalk, Connecticut, has awarded SUEZ a $78 million contract for the operation and maintenance of its wastewater system. The partnership, which includes the management of an 18 MGD conventional wastewater treatment facility, 210 miles of sanitary sewers and 25 pump stations, willRead More

American Water and its CEO Susan Story were recognized as the Muriel F. Siebert Award winner by the Women’s Forum of New York at the 2019 Breakfast of Corporate Champions held on Nov. 7 in New York City. “We are honored to be recognized by theRead More

American Water recently announced it has completed the launch of a new customer service portal called My Account for all of its regulated water and wastewater customers across its service territories. According to American Water, customers are now able to more easily access their accounts throughRead More

Middlesex Water Company, a provider of water and wastewater and related services primarily in New Jersey and Delaware, announced it has begun construction of a new ozone treatment facility and various other upgrades at its Carl J. Olsen Treatment Plant in Edison, New Jersey. ProjectRead More

SUEZ Offers New Approach for Small- and Mid-Sized Utilities to Finance and Maintain Metering Assets According to the U.S. Environmental Protection Agency, roughly 97 percent of the more than 151,000 public water systems in the country are considered “small” systems (by definition, serving 10,000 customersRead More

Last week, the U.S. Environmental Protection Agency (EPA) announced it is inviting a total of 38 projects in 18 states to apply for Water Infrastructure Finance and Innovation Act (WIFIA) loans. Together, the selected borrowers will apply for WIFIA loans totaling approximately $6 billion toRead More

U.S. Reps. Harley Rouda (D-Calif.) and Brian Babin (R-Texas) have introduced H.R. 4687, the Sustainable Municipal Access to Resilient Technology in Infrastructure (SMART Infrastructure) Act, along with Reps. Grace Napolitano (D-Calif.) and Ralph Norman (R-S.C.). The SMART Infrastructure Act supports innovation and open competition in procurement,Read More

Recently, U.S. Sens. Duckworth (D-Ill.) and Braun (R-Ind.) introduced the bipartisan Voluntary Water Partnerships for Distressed Communities Act to encourage utilities struggling with water quality issues to seek help from other water systems. Many community water systems, especially small utilities, struggle to stay in compliance withRead More