Private Financing / P3s

Growth in annual revenue accelerated for U.S. water utilities over the last year while leverage declined, according to Fitch Ratings in a new report. According to Fitch, revenue increased almost 5 percent in the current median cycle with most of the growth again coming fromRead More

The National Association of Water Companies (NAWC) has announced California Water Service (Cal Water) as the winner of two 2018 NAWC Management Innovation Awards. The company was recognized in October at the 2018 NAWC Water Summit in San Antonio, Texas. Two of Cal Water’s submissions –Read More

Aqua America Inc., a regulated water and wastewater utility, has announced it will acquire Peoples in an all-cash transaction that reflects an enterprise value of $4.27 billion, which includes the assumption of approximately $1.3 billion of debt. Peoples consists of Peoples Natural Gas Company LLC, PeoplesRead More

To better serve its customers in the Southeastern United States, Suez Water Technologies & Solutions is opening a new mobile water service center in Atlanta. Mobile, on-demand water treatment solutions are valuable options for industries needing high-quality water in an emergency or for a scheduledRead More

The National Association of Water Companies (NAWC) recently announced the creation of a Board-led Standing Committee focused on contract operations. The new Contract Operations Committee represents NAWC members engaged in the provision of water and wastewater services via operating agreements, public-private partnerships (P3s), and relatedRead More

Veolia North America has acquired the rights to 23 water treatment and energy service contracts from American Water Works Company, Inc. for $27 million. The transaction will expand the municipal water business of Veolia as 110 new employees will join its North American operation. AsRead More

The Board of the National Association of Water Companies (NAWC) has selected Federal Energy Regulatory Commissioner Robert F. Powelson to serve as NAWC’s new chief executive. In his new role, Powelson will guide the strategic direction of the organization, oversee the association’s operations and workRead More

The U.S. Environmental Protection Agency (EPA) has announced the availability of funding that could provide as much as $5.5 billion in loans, which could leverage over $11 billion in water infrastructure projects through the Water Infrastructure Finance and Innovation Act (WIFIA) program. Prospective borrowers seekingRead More

By Julius Ciaccia, Jr. Over the last 40 years serving in top-level management for water/wastewater public utilities, I’ve been witness to a steady conversation about the broadening infrastructure investment gap in the drinking water and sewer industry. We continue to strike the mallet to bringRead More

President Donald Trump has unveiled some specifics about his $1.5 billion-plus infrastructure investment plan after calling for a new commitment to rebuilding America’s infrastructure in his January State of the Union address. “This morning I submitted legislative principles to Congress that will spur the biggestRead More