Water Finance

US Water Alliance releases report on U.S. water access challenges

US Water Alliance releases report on U.S. water access challenges

Rates & Affordability, Water Management November 25, 2019 at 9:24 am

The US Water Alliance has released a new report in partnership with DigDeep and Michigan State University focusing on water access, titled Closing the Water Access Gap in the United States: A National Action Plan. Over the last three years, the US Water Alliance hasRead More

Liberty Utilities Co. to acquire American Water’s New York operations

Liberty Utilities Co. to acquire American Water’s New York operations

Private Financing / P3s, Water Management November 22, 2019 at 10:41 am

Algonquin Power & Utilities Corp. has announced that Liberty Utilities Co., Algonquin’s regulated utility operating subsidiary, has entered into a stock purchase agreement with American Water Works Company, Inc. to purchase American Water’s regulated operations in the State of New York for $608 million (U.S.), subjectRead More

Hollywood film shines light on water quality, PFOA

Hollywood film shines light on water quality, PFOA

Private Financing / P3s, Water Management November 20, 2019 at 12:41 pm

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

Report: $234 billion in spending expected over next decade for municipal pipe networks

Report: $234 billion in spending expected over next decade for municipal pipe networks

Rehab & Replacement, Water Finance, Water Loss November 14, 2019 at 11:33 am

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

SUEZ secures $78 million contract with Connecticut wastewater utility

SUEZ secures $78 million contract with Connecticut wastewater utility

Private Financing / P3s, Water Finance, Water Management November 13, 2019 at 11:25 am

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, CEO Story honored by Women’s Forum of New York

American Water, CEO Story honored by Women’s Forum of New York

Private Financing / P3s, Water Management November 11, 2019 at 10:51 am

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 launches new customer service portal

American Water launches new customer service portal

Private Financing / P3s, Water Management November 4, 2019 at 10:52 am

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 begins $70 million plant upgrade

Middlesex Water Company begins $70 million plant upgrade

Private Financing / P3s, Water Management November 4, 2019 at 10:26 am

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

Asset Maintenance, Simplified

Asset Maintenance, Simplified

AMR/AMI, Water Finance, Water Loss, Water Management October 28, 2019 at 8:32 am

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

EPA invites 38 projects to apply for WIFIA loans

EPA invites 38 projects to apply for WIFIA loans

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