More Water Finance & Management News

White House proposes EPA cuts in FY18 budget; SRF to increase

White House proposes EPA cuts in FY18 budget; SRF to increase

Financial Report, Washington Report, Water Finance March 20, 2017 at 11:44 am

Last week, the White House released its proposed budget for Fiscal Year 2018. As expected, the proposal includes severe cuts to government agencies but also expands support for some programs related to critical infrastructure. As proposed, the budget would lead to a 31 percent reductionRead More

Water sector testifies in Congress in support of water investment

Water sector testifies in Congress in support of water investment

Washington Report, Water Finance March 20, 2017 at 11:18 am

Water sector representatives testified in Congress last week in support of investment in water infrastructure and the importance of programs like the Drinking Water State Revolving Fund (DWSRF), the Water Infrastructure Finance and Innovation Act (WIFIA) and effective steps Congress can take to facilitate further cost-effectiveRead More

Raftelis announces Brandt as new president, CEO

Raftelis announces Brandt as new president, CEO

Water Finance March 20, 2017 at 10:57 am

Raftelis Financial Consultants, Inc. (RFC) has announced a change in leadership, as Peiffer Brandt has been appointed president and chief executive officer of the firm, which became effective Jan. 1, 2017. Brandt succeeds William (Bill) Stannard, P.E., who has served as president and CEO sinceRead More

Nu Flow, SPT announce merger

Nu Flow, SPT announce merger

Water Management March 20, 2017 at 10:44 am

Nu Flow America, a trenchless pipe renewal company for pressurized and non-pressurized systems, recently announced it has entered into a definitive trademark agreement with Specialized Pipe Technologies (SPT) to expand services offered. Both Nu Flow America and Specialized Pipe Technologies are owned by Aquam Corp.Read More

Businessmen coming to an agreement by shaking hands

Suez, Canadian investor to acquire GE’s Water & Process Technologies division

Water Management March 20, 2017 at 10:22 am

French water company SUEZ, along with Canadian investment company Caisse de dépôt et placement du Québec (CDPQ), recently announced it has entered into a binding agreement to purchase GE Water & Process Technologies (GE Water) from General Electric Co. for a $3.37 billion (USD) enterpriseRead More

Cleveland Water Alliance launches ‘Erie Hack,’ as part of Innovation Summit

Cleveland Water Alliance launches ‘Erie Hack,’ as part of Innovation Summit

Water Management March 20, 2017 at 10:00 am

Erie Hack has launched! The Cleveland Water Alliance is recruiting coders, engineers, data junkies and water experts interested in tackling some of Lake Erie’s biggest challenges and sharing in $100,000 in prizes as part of a hackathon-style program called Erie Hack. The program ends on MayRead More

U.S. infrastructure gets D+ on ASCE’s 2017 report card

U.S. infrastructure gets D+ on ASCE’s 2017 report card

Water Finance, Water Management March 13, 2017 at 9:48 am

The American Society of Civil Engineers (ASCE) released its 2017 Infrastructure Report Card last week, giving overall infrastructure in the United States a cumulative grade of D+. On the water side, wastewater scored a D+ while drinking water received a D. Released every four years, ASCE’sRead More

Water sector reacts to report card grades

Water sector reacts to report card grades

Water Finance, Water Management March 13, 2017 at 9:47 am

Last week, the American Society of Civil Engineers released its 2017 Infrastructure Report Card, with many segments and sectors of the nation’s infrastructure received near-failing grades, including drinking water and wastewater systems. The 2017 report card graded drinking water a D and wastewater a D+.Read More

AEM report highlights manufacturing’s impact on U.S. economy

AEM report highlights manufacturing’s impact on U.S. economy

Water Finance March 13, 2017 at 9:46 am

A report released in March found that the equipment manufacturing industry supported about 1.3 million jobs and contributed more than $159 billion to the Gross Domestic Product (GDP) of the United States in 2016. The Association of Equipment Manufacturers (AEM) unveiled the report as over 130,000Read More

Fitch Ratings: WOTUS credit neutral

Fitch Ratings: WOTUS credit neutral

Water Management March 13, 2017 at 9:30 am

According to Fitch Ratings, the potential repeal of, or change to, the Waters of the United States rule (WOTUS) would be largely neutral for Fitch-rated public utilities in the near- to mid-term as they are already subject to water regulations outlined by the Clean WaterRead More