Water Finance

Raftelis hires Mastracchio to head new Albany office

Raftelis hires Mastracchio to head new Albany office

Water Finance May 4, 2017 at 12:19 pm

Raftelis Financial Consultants, Inc. (RFC) has announced the hiring of John Mastracchio as a vice president. Mastracchio, who lives in the Albany area, will head up the new RFC office in Albany, N.Y. Mastracchio has more than 22 years of experience as a financial and managementRead More

AWWA urges increased WIFIA funding as demand grows

AWWA urges increased WIFIA funding as demand grows

Public Utility Finance, Water Finance May 4, 2017 at 9:44 am

The American Water Works Association (AWWA) celebrated news that 43 entities have expressed interest in loans through the Water Infrastructure Finance and Innovation Act (WIFIA) and urged increased funding to confront the U.S. water infrastructure challenge. AWWA, the chief architect of the WIFIA program, continuesRead More

Fitch: WIFIA could provide long overdue boost to water projects

Fitch: WIFIA could provide long overdue boost to water projects

Public Utility Finance, Water Finance May 4, 2017 at 8:45 am

According to a new report from Fitch Ratings, water and sewer utilities throughout the country are faced with aging infrastructure and a rather large price tag to rectify it, which could pave the way for substantially more investment in the space. The California drought, theRead More

AMWA: Trump tax plan doesn’t mention muni bond interest

AMWA: Trump tax plan doesn’t mention muni bond interest

Washington Report, Water Finance May 1, 2017 at 10:40 am

In April, the Trump Administration released a one-page outline of a tax code overhaul that it says will grow the economy, simplify tax filing and lower rates for businesses and middle-income families.  The outline does not definitively indicate whether or not municipal bond interest income would beRead More

South Carolina city, Johnson Controls partner on infrastructure upgrades

South Carolina city, Johnson Controls partner on infrastructure upgrades

Water Finance, Water Management May 1, 2017 at 9:50 am

The City of Beaufort, S.C., is partnering with Johnson Controls to complete a city-wide performance infrastructure and conservation project that’s expected to generate $5.4 million in savings over 15 years, while reducing the city’s overall carbon footprint, energy usage and water consumption. The one-year constructionRead More

Pennsylvania announces $39 million for water projects

Pennsylvania announces $39 million for water projects

Water Finance May 1, 2017 at 9:33 am

In April, Pennsylvania Gov. Tom Wolf announced the investment of $39 million for 12 drinking water, wastewater, stormwater and nonpoint source projects across nine counties through the Pennsylvania Infrastructure Investment Authority. “Today marked another special day for the Pennvest program and for the citizens ofRead More

Cleveland Water Alliance hosts ‘Erie Hack’ and Innovation Summit

Cleveland Water Alliance hosts ‘Erie Hack’ and Innovation Summit

Water Finance, Water Management April 24, 2017 at 9:22 am

The Cleveland Water Alliance (CWA), in conjunction with numerous partners from throughout the Lake Erie basin, including NASA Glenn Research Center and the Great Lakes Observing System, will present a first-ever Erie Hack Competition and Water Innovation Summit, May 2-3, at the Global Center for Health Innovation inRead More

Report: States look to reuse, desal as long-term water supply options

Report: States look to reuse, desal as long-term water supply options

Water Finance, Water Loss April 20, 2017 at 11:06 am

According to a new analysis from Bluefield Research, municipal water utilities across the United States have sparked a wave of investment in water reuse and desalination projects exceeding $18 billion. With traditional water supplies no longer a certainty for many utilities, demonstrated cost declines and competitiveness have beenRead More

New York goes in big on clean water bill

New York goes in big on clean water bill

Public Utility Finance, Water Finance April 18, 2017 at 3:00 pm

New York’s 2017-18 state budget has included a new clean water infrastructure bill that will allocate $2.5 billion for projects across the state. The money will be used to repair and replace old pipes and water mains to ensure clean drinking water, as well asRead More

Sculpting Cash

Sculpting Cash

Financial Report, Water Finance April 18, 2017 at 1:02 pm

  By David Clamage Nineteenth century French sculptor Auguste Rodin once said, “Even with all the documents, you can never forge nature.” In delivering water to your communities, you don’t so much forge nature as sculpt it to the goals of your community defined byRead More