Post Tagged with: "water finance"

The U.S. Environmental Protection Agency (EPA) has announced new Water Infrastructure Finance and Innovation Act (WIFIA) loans totaling $688 million to help finance water infrastructure projects in Baltimore, Md., Milwaukee, Wis., and the San Francisco Bay area. In the first year of the Biden-Harris administration,Read More

NACWA and other water sector organizations sent a letter last week to the Biden Administration regarding implementation of the Buy America, Build America (BABA) requirements that were signed into law as part of the Infrastructure Investment and Jobs Act (IIJA). The letter builds upon concerns the sector raised while IIJA wasRead More

NACWA held a virtual meeting Jan. 6 with U.S. EPA Assistant Administrator for Water Radhika Fox and other senior EPA Office of Water staff to discuss implementation issues and distribution of funds from the recently passed bipartisan infrastructure legislation, the Infrastructure Investment and Jobs Act (IIJA). TheRead More

By Doug Scott U.S. water and sewer utilities will see some weakening in their financial profiles over the next several months, effectively reversing a trend of steadily declining leverage in recent years as utilities limited the rate of debt growth and posted robust operating margins.Read More

In November, the U.S. House of Representatives narrowly passed a $1.75 trillion social spending bill that, according to the Association of Metropolitan Water Agencies (AMWA), includes more than $10 billion for several water-related priorities. These funds would come in addition to the nearly $50 billion in newRead More

Raftelis has announced it acquired Westin Technology Solutions on Nov. 1. The company says the acquisition will enhance its focus on the effective use of business technologies including utility billing and work and asset management optimization. “Adding Westin’s expertise in utility asset and customer managementRead More

By Bastien Simeon The pressure to invest in water infrastructure is steadily increasing due to aging assets, more stringent standards, climate change and urbanization, while the global crisis has left many governments and municipalities over-indebted. They are therefore looking to push more responsibility for financingRead More

The current drought in California could cut into water utility revenues and pressure financial margins, Fitch Ratings says. Statewide water conservation mandates could be announced this fall, and some water agencies have already initiated cutbacks. After two years of dry conditions, California is experiencing aRead More

The U.S. Environmental Protection Agency (EPA) has received 50 letters of interest in response to the agency’s 2021 Notices of Funding Availability. Requests totaling $8.2 billion exceed the agency’s $6.5 billion in available financing and highlight widespread needs for water infrastructure upgrades to benefit communities across theRead More

August 10 | August 12 | August 17 | August 19 The 2021 Water Finance Conference, which is being presented in a virtual format this month, will conclude its virtual sessions Thursday, Aug. 19 with Session 4. This year’s conference is covering a range of topicsRead More