Water Finance

The U.S. Environmental Protection Agency (EPA), the Department of Justice (DOJ), and the State of Illinois on Dec. 14 announced a Clean Water Act (CWA) settlement with the Metropolitan Water Reclamation District of Greater Chicago (MWRD) to resolve claims that untreated sewer discharges were released into Chicago area waterways during flood and wet weather events.

Public-private partnerships (P3s) in the water sector are used increasingly as a means for addressing infrastructure around the globe.

Mobile, Ala., has completed all work required under a 2002 consent decree resolving the city?s violations of the Clean Water Act and Alabama Water Pollution Control Act.

Xylem Inc. (NYSE: XYL) announced Oct. 31 that it has completed its spinoff from ITT Corp., and has begun operations as a $3.2 billion standalone global water technology company.

In a televised address to Congress on Sept. 8, President Barack Obama called for the passage of the American Jobs Act, which includes investment in infrastructure for roads, bridges, railroads, airports and schools.

The Milwaukee Water Council will host its fifth annual Water Summit conference Sept. 19-20 at Milwaukee?s Discovery World/Pier Wisconsin complex.

Leadership was the theme of this year?s American Water Works Association?s Annual Conference and Exposition (ACE) held in Washington, D.C., June 12-16. Thousands of water professionals from around the world gathered at the Walter E. Washington Convention Center to take part in educational sessions and view exhibitors products and services.

Lawmakers chose the site of a recent water main break in Clifton, N.J., to announce the introduction of bills that would lift the cap on private activity bonds (now referred to as exempt facility bonds) for water and wastewater infrastructure projects.

Layne Christensen Co. announced that the acquisition of Wildcat Civil Services, a cured-in-place rehabilitation company based in Kiowa, Colo.

The Clean Water America Alliance announced the 2011 U.S. Water Prize winners. Each winner has been recognized for their watershed-based models and programs that advance our country toward greater water sustainability.