Post Tagged with: "finance"

Fitch Ratings: Rising interest rates present opportunity for WIFIA, water utilities

Fitch Ratings: Rising interest rates present opportunity for WIFIA, water utilities

April 26, 2022 at 8:12 am 0 comments

A rising interest rate environment could prove a boon for the Water Infrastructure Finance and Innovation Act (WIFIA) program, according to a new Fitch Ratings report. The WIFIA loan program has been hugely successful for U.S. water utilities but is currently oversubscribed. The size ofRead More

World’s largest water reuse facility gets CWSRF loan 

World’s largest water reuse facility gets CWSRF loan 

October 12, 2020 at 6:45 am 0 comments

The Orange County Water District received a low-interest loan from the Clean Water State Revolving Fund (CWSRF) that will save ratepayers an estimated $1.4 million dollars annually over the life of the 30-year loan. The up to $181 million loan was granted for use towardRead More

WaterWorksFund.com launches to advance investment opportunities

WaterWorksFund.com launches to advance investment opportunities

February 24, 2020 at 10:10 am 0 comments

WaterWorksFund.com, an online investing platform focused on advancing water solutions, has officially launched. WaterWorks, the Detroit-based organization behind the site, says WaterWorksFund.com is aimed at introducing people to investment opportunities in technology companies and projects seeking investment capital. “Many innovative technologies and projects exist toRead More

Report: SRF requests increase 25 percent over last year

Report: SRF requests increase 25 percent over last year

June 11, 2018 at 7:20 am 0 comments

New data shows that requests to fund water and wastewater infrastructure projects through the U.S. EPA’s administered State Revolving Fund (SRF) program have increased 25 percent since last year. For the most recent cycle, 2017/2018 fiscal year, $26.9 billion has been requested for drinking waterRead More

Water leaders, finance experts converge at 2017 Water Finance Conference

Water leaders, finance experts converge at 2017 Water Finance Conference

September 5, 2017 at 11:36 am 0 comments

Last week, the third annual Water Finance Conference gathered water finance professionals from across the country for a discussion around the most critical issue facing the future of water infrastructure in the United States — funding. The two-day event, held Aug. 28-29 at the Harley-Davidson Museum® inRead More

EPA to fund Oklahoma nonpoint-source pollution projects

EPA to fund Oklahoma nonpoint-source pollution projects

May 11, 2017 at 9:29 am 0 comments

The U.S. Environmental Protection Agency (EPA) recently awarded $855,0000 to the Oklahoma Office of the Secretary of Energy to support management of nonpoint-source water pollution. The funding will be used for a variety of projects designed to improve water quality in several priority watersheds. “ImprovingRead More

AWWA applauds Congress for WIFIA boost

AWWA applauds Congress for WIFIA boost

May 10, 2017 at 8:23 am 0 comments

The American Water Works Association applauded Congress for appropriating an additional $10 million for the Water Infrastructure Finance and Innovation Act (WIFIA). The additional $10 million brings WIFIA funding in 2017 to $30 million, which can leverage an estimated $1.5 billion in federal loans. Because WIFIA canRead More

Report details risk of eliminating tax-exempt municipal bonds

Report details risk of eliminating tax-exempt municipal bonds

February 13, 2017 at 1:34 pm 0 comments

According to a new estimate developed by the Association of Metropolitan Water Agencies (AMWA) and the National Association of Clean Water Agencies (NACWA), eliminating tax-exempt municipal bonds would increase water and wastewater infrastructure financing costs by $16 billion nationwide over a 30-year repayment period. TheRead More