Water Finance

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

The U.S. Environmental Protection Agency (EPA) has announced a $436 million Water Infrastructure Finance and Innovation Act (WIFIA) loan – the largest initial disbursement under WIFIA to date – to the Indiana Finance Authority (IFA). EPA Administrator Andrew Wheeler announced the loan closing along withRead More

The Senate Appropriations Committee recently passed a fiscal year 2020 (FY20) Interior & Environment Appropriations bill, which funds the U.S. Environmental Protection Agency (EPA) and key clean water programs. The full House previously passed its FY20 Interior & Environment Appropriations bill earlier this summer and now awaits passageRead More

According to a new forecast from Bluefield Research, municipal utilities in the United States are expected to spend $629 billion on capital expenditures (CAPEX) over the next decade to address increasing demands on water and wastewater infrastructure. While the baseline forecast projects a 2.6 percentRead More

The Financial Research Institute (FRI) has awarded Robert Powelson, president and CEO of the National Association of Water Companies (NAWC), its FRI Crystal Award for Distinguished Contribution. The FRI Crystal Award recognizes an individual who has made an outstanding and sustained contribution to public utilityRead More