Hello Everyone!
Here's our September Water / Wastewater Market Monthly Roundup featuring this month's top news, drivers, and much more. We hope you'll enjoy the blog :)
Industry Drivers
Driver: WOTUS, the Obama-Era Clean Water Rule Repealed By Trump Administration
The U.S. Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers on Sept. 12, 2019, finalized a repeal of the Obama-era Waters of the United States (WOTUS) regulation, also known as the Clean Water Rule, that that spells out protections for large and small bodies of water. The Clean Water Rule was enacted in 2015. The new rule reverts standards back to the 1986 guidelines under the Clean Water Act.
This will have wide-ranging implications.
For additional information see:
Driver: Michigan Gov. Gretchen Whitmer and 14 US State Governors lobby to influence Congress for provisions that would establish strong national regulations on PFAS, in Defense Bill.
The four Republican and 11 Democrat governors signed a letter on Sept. 18, urging the U.S. Senate and House Armed Services Committees to include multiple PFAS-related provisions in the final version of the National Defense Authorization Act (NDAA) for fiscal year 2020.
The differences in House and Senate versions of the legislation are being reconciled. This legislation sets the annual budget and expenditures for the U.S. Department of Defense.
For additional information see:
Monthly Alert: Multiple News Outlets Report Worsening effects of climate change.
If you are reading this, you know that there is an inextricable link between water utility operations and the weather. The United Nations 'Special Report on the Ocean and Cryosphere in a Changing Climate' anticipates a global climate crisis due to the unexpected fast melt-down of arctic ice, resulting in stronger storms, longer droughts and a disturbing increase in the marine heat waves.
The Summary for Policymakers is a good place to start in digesting the report at 45 pages. For those with a strong constitution and an appreciation of the details, the full report comes in at ~1200 plus supporting documents.
For additional information see:
https://www.ipcc.ch/srocc/home/
Notable M&A Aug. - Sept. 2019
As per FirmoGraphs’ records, the following M&A transactions in the Water & Wastewater Industry, stand out in the months of August and September:
- West Virginia American Water completed its acquisition of the Boone-Raleigh Public Service District (PSD) water distribution system on August 08, 2019. Boone-Raleigh PSD had been struggling to provide adequate investments into the water system without significantly increasing customer rates.
- Valicor, one of North America’s largest providers of non-hazardous wastewater treatment services, acquired Action Environmental providers of non-hazardous wastewater treatment services, on August 21, thus expanding its leading network of wastewater processing facilities.
- On August 30, California American Water, a subsidiary of American Water, entered into an agreement to purchase Bass Lake Water Company’s (BLWC) potable water distribution system. BLWC serves approximately 1,000 customer connections in the Bass Lake community.
- On September 17, Aqua America’s Pennsylvania Subsidiary, Aqua Pennsylvania Wastewater entered into an agreement with DELCORA to Purchase Municipal Wastewater System Serving Approximately 500,000 People, for $276.5 million. The pending transaction is subject to Pennsylvania Public Utility Commission approval.
- Valicor Environmental Services acquired Strength Environmental, on September 17. Due to this acquisition Valicor’s service offering has extended into the Michigan market. Also, this acquisition has increased Valicor's wastewater treatment plants from five to 14 in just over 2 years.
Meeting Planner
In this over-digitized age, there is no replacement for face-to-face meetings with your prospects and customers! We track meetings of interest to our customers serving the US water and wastewater industry so you won’t miss upcoming meetings and deadlines.
Meetings in October, 2019
- WaterSmart Innovations Conference and Exposition - Oct. 2 to 3, 2019, Las Vegas, Nevada, https://www.watersmartinnovations.com/
- AWWA Water Infrastructure Conference & Exposition - Oct. 20 to 23, 2019, St. Louis, Missouri, https://www.awwa.org/Events-Education/Water-Infrastructure
- CA-NV AWWA Annual Fall Conference - Oct. 21 to 24, 2019, San Diego, California, https://ca-nv-awwa.org/afc2019
Early Bird Registration Deadlines
Event: AWWA Water Quality Technology Conference
- URL: https://www.awwa.org/Events-Education/Water-Quality-Technology#677731-expo
- Dates: Nov. 03 to 7, 2019,
- Location: Dallas, Texas
- Date Early Registration: Oct. 3, 2019
Call for Papers Deadlines in October, 2019
Event: IN AWWA Annual Conference - 2020
- Association: American Water Works Association, Indiana Section
- URL: https://www.inawwa.org/event/2020-annual-conference/
- Dates: From January 27 to January 30, 2020
- Location: Indianapolis, Indiana
- Call for Papers Deadline: September 20, 2019
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Disclaimer
None of the information we provide may be taken as legal advice. Please consult an attorney if you require a legal interpretation of this information.
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