Private Financing / P3s

Senators introduce bill to restore tax treatment of CIAC to regulated water utilities

Senators introduce bill to restore tax treatment of CIAC to regulated water utilities

December 9, 2019 at 11:09 am 0 comments

The National Association of Water Companies applauded a bill (S. 2942) introduced last week by U.S. Sens. Jeanne Shaheen (D-N.H.) and Lisa Murkowski (R-Alaska) that would amend the Internal Revenue Code of 1986 to provide that certain contributions are treated as non-taxable contributions to capital. The legislation aims to prevent taxation of Contributions inRead More

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

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

November 22, 2019 at 10:41 am 0 comments

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.), subject to customary adjustments. Headquartered inRead More

Hollywood film shines light on water quality, PFOA

Hollywood film shines light on water quality, PFOA

November 20, 2019 at 12:41 pm 0 comments

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 in theaters, tells the story ofRead More

SUEZ secures $78 million contract with Connecticut wastewater utility

SUEZ secures $78 million contract with Connecticut wastewater utility

November 13, 2019 at 11:25 am 0 comments

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, will be part of the city’sRead 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

November 11, 2019 at 10:51 am 0 comments

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 the Women’s Forum of New YorkRead More

American Water launches new customer service portal

American Water launches new customer service portal

November 4, 2019 at 10:52 am 0 comments

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 through the newly developed, mobile-friendly accountRead More

Middlesex Water Company begins $70 million plant upgrade

Middlesex Water Company begins $70 million plant upgrade

November 4, 2019 at 10:26 am 0 comments

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. Project partners include Northeast Remsco ConstructionRead More

NAWC supports Sens. Duckworth, Braun legislation for SDWA compliance

NAWC supports Sens. Duckworth, Braun legislation for SDWA compliance

October 21, 2019 at 10:42 am 0 comments

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 with the Safe Drinking Water ActRead More

NAWC CEO Powelson receives Financial Research Institute award

NAWC CEO Powelson receives Financial Research Institute award

September 30, 2019 at 9:37 am 0 comments

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 utility regulatory policy. “I am honoredRead More

Knowing how much downtime a plant can manage may affect meter choice, but there may be a trade-off between ease of installation and accuracy.

Smart treatment, smart investment: New report details impact investment strategies in water

September 19, 2019 at 9:15 am 0 comments

By Peter Yolles and Cynthia Koehler Newsflash: our water-stressed, climate-changing world is a major resilience challenge for communities. But there’s also an upside to meeting this challenge. Building resilient water solutions can create important, and sometimes catalytic, opportunities for private investors. That’s especially so in the wastewater treatment world. It’sRead More