Public Utility Finance

EPA announces another $6.5 billion in WIFIA funding

EPA announces another $6.5 billion in WIFIA funding

May 3, 2021 at 6:03 am 0 comments

Last week at an address to water associations, utilities and their workers as part of Water Week, U.S. Environmental Protection Agency (EPA) Administrator Michael S. Regan announced the 2021 notice of funding availability under the agency’s Water Infrastructure Finance and Innovation Act (WIFIA) program and state infrastructure financing authority WIFIARead More

Call for Speakers! 2021 Virtual Water Finance Conference

Call for Speakers! 2021 Virtual Water Finance Conference

April 21, 2021 at 7:07 am 0 comments

Organizers of the 2021 Water Finance Conference are looking for speakers for its seventh annual event to be held virtually, August 10, 12 17 & 19. Please email your 200-word abstract to Andrew Farr by May 21. The Water Finance Conference convenes executive-level utility professionals, including directors, superintendents, CEOs, CFOs and financeRead More

3 Truths That Will Make or Break a Water or Sewer Utility

3 Truths That Will Make or Break a Water or Sewer Utility

April 20, 2021 at 10:21 am 0 comments

Managing Finances & Cost of Service By JP Joly 1. Every water and sewer utility needs a financial plan. Every water and sewer utility are unique with their operational costs, maintenance routines, timing of repairs and prioritization of asset replacements. 2. Remote work and access to financial planning are hereRead More

2021 Water Finance Conference moves to virtual format

2021 Water Finance Conference moves to virtual format

April 19, 2021 at 7:23 am 0 comments

The Water Finance Conference is again shifting to a virtual format for 2021. The seventh annual event, which exclusively covers financing in the U.S. water utility sector, was originally scheduled for Aug. 18-19 in Washington, D.C. With lockdowns and restrictions beginning to ease, conference organizers had been hoping to returnRead More

DC Water gets $156 million WIFIA loan

DC Water gets $156 million WIFIA loan

April 19, 2021 at 6:08 am 0 comments

U.S. Environmental Protection Agency (EPA) Administrator Michael S. Regan has announced a $156 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the District of Columbia Water and Sewer Authority (DC Water). The loan will help finance water infrastructure improvements throughout the city, including new water mains to improveRead More

Can Innovative WIFIA Features Help Expand SRF Loan Capacity?

Can Innovative WIFIA Features Help Expand SRF Loan Capacity?

April 16, 2021 at 11:39 am 0 comments

By John Ryan In its 2020 annual report, the U.S. Environmental Protection Agency’s Water Infrastructure Finance and Innovation Act (WIFIA) loan program describes itself as a “government bank with unique flexibilities.” Can those flexibilities be useful for Clean and Drinking Water State Revolving Funds (SRFs) considering leverage to expand theirRead More

Fitch Ratings: Cyber events could pose ‘material risk’ to water, sewer utility credit

Fitch Ratings: Cyber events could pose ‘material risk’ to water, sewer utility credit

April 8, 2021 at 1:42 pm 0 comments

  Water and sewer credit ratings incorporate an assessment of an entity’s resiliency to manage unexpected events, including cyberattacks, which could pose financial and operating risks that ultimately affect utility credit quality, Fitch Ratings says. Event risks like cyberattacks are considered asymmetric risks per Fitch’s criteria, and are viewed throughRead More

Biden unveils $2 trillion infrastructure plan; water sector reacts

Biden unveils $2 trillion infrastructure plan; water sector reacts

April 5, 2021 at 9:18 am 0 comments

On March 31, the White House released The American Jobs Plan, a $2 trillion infrastructure plan aimed at creating jobs and rebuilding U.S. infrastructure. The Biden Administration is proposing a total of $111 billion dollars in clean water and drinking water investments. While the proposal does not include detailed programmatic fundingRead More

The WIFIA Bank

The WIFIA Bank

March 29, 2021 at 8:33 am 0 comments

By John Ryan The 2020 Annual Report of the EPA’s WIFIA loan program is a good read, and not just because it’s short and largely graphical. It’s a series of positive snapshots, including impressive aggregate stats, highlights from closed loans and summaries of new features. The overall impression is thatRead More

Biden signs COVID stimulus including water affordability program funding

Biden signs COVID stimulus including water affordability program funding

March 12, 2021 at 10:16 am 0 comments

President Joe Biden on Friday signed into law the American Rescue Plan Act, legislation to deliver additional COVID-19 relief that contains $500 million in assistance for low-income clean water customers and support for critical water and sewer investments. This water assistance funding comes in addition to the initial $638 million providedRead More