Business
Clayton, Dubilier & Rice to Acquire Waterworks
Clayton, Dubilier & Rice has reached an agreement with HD Supply Holding, Inc. to acquire its Waterworks business unit for $2.5 billion. Through a carve-out transaction, Waterworks will become an independent company, wholly-owned by CD&R funds. Waterworks is a leading U.S. distributor of indust..
Utility's Water Quality Surpasses Regulatory Standards
According to results published in Illinois American Water’s 2016 Consumer Confidence Report, the company’s water quality surpassed regulatory standards. “The reports show that we continue to supply water to our customers that is of higher quality than required by state and federal standards,” said ..
Artesian Water Company Purchases Fort DuPont Water System
Artesian Resources Corporation’s principal subsidiary, Artesian Water Company, has closed on its purchase of water assets in the Fort DuPont Historic District, New Castle County, Delaware. The acquisition includes over $1 million of investment for the purchase of the existing water treatment plant,..
Eversource Energy Acquires Aquarion Water Company
In an acquisition that will combine New England’s largest energy company with the region’s largest private water company, Eversource Energy has reached an agreement to acquire Aquarion Water Company for an enterprise value of $1.675 billion, comprised of $880 million in cash and $795 million of assu..
Xylem Honored for Engaging Colleagues in Service Around the Globe
Xylem Inc. has been honored by Engage for Good with the Gold Halo Award in the Employee Engagement category. The Halo Awards are North America’s highest honor for corporate social initiatives and cause marketing. The award recognizes social good campaigns and initiatives targeted at employees and/o..
Ex-Regulator Pleads Not Guilty in Influence-peddling Case
PHOENIX (AP) — A former elected Arizona utility regulator pleaded not guilty Wednesday to bribery and fraud charges accusing him of accepting thousands of dollars in payments from a water company owner in exchange for favorable treatment in a rate case. Former Arizona Corporation Commissioner Gary ..
Former Utility Regulator to be Arraigned on Bribery Charge
PHOENIX (AP) – Former Arizona Corporation Commissioner Gary Pierce is scheduled to be arraigned on bribery and fraud charges in what prosecutors say was a scheme to accept payments from a water company owner in exchange for favorable treatment in a utility rate case. Arraignments also are scheduled..
Calgon Carbon Receives Water Treatment Contracts from New York Town
Calgon Carbon Corporation has signed contracts for a total value of $3.5 million, under which the company will provide granular activated carbon and associated equipment systems to the city of Newburgh, NY. The systems will remove PFOS from the city’s drinking water, which is sourced from the nearby..
Mississippi Utility Fined for Water Pollution Violations
JACKSON, Miss. (AP) – A Mississippi utility is being fined $55,000 for violating water pollution limits and failing to test air pollution. City-owned Greenwood Utilities agreed to pay the fine to the Mississippi Department of Environmental Quality. The regulator cited Greenwood Utilities for viola..
John Deere to Acquire the Wirtgen Group
Deere & Company has signed a definitive agreement to acquire the Wirtgen Group, a privately-held international company that is the leading manufacturer worldwide of road construction equipment. The purchase price is EUR 4.357 billion in an all-cash transaction. The total transaction value is approx..
TRC Companies to Supply Real-Time Data for Pipeline Construction Project
TRC Companies, Inc. has received a $2.5 million contract to provide engineering and construction support to PSNC Energy for its 40-mile Franklin and Wake County Extension Project in North Carolina. “TRC has been honored to serve PSNC Energy for several years, and we are excited to support its work ..
Carolina Underground Solutions Acquired by Ex-CEO of South Carolina Telecom Contractor
Carolina Underground Solutions, a contractor providing drilling, boring, and trenching services for the installation of underground telecommunications cabling, has been acquired by Braddock Cunningham, former CEO of Network Controls and Electric, a telecommunications contractor in South Carolina. “..
Middlesex Water Company to Invest $10 Million in Infrastructure Upgrades
Middlesex Water Company today announced that a $10 million project to replace aging water infrastructure is scheduled to begin in the Borough of South Plainfield, New Jersey. As part of its 2017 RENEW Program, the company intends to replace five miles or 27,000 feet of water mains, as well as servi..
American Water Resources Launches Service Line Protection Programs
American Water today announced that American Water Resources has launched a partnership with the city of Yonkers, NY to provide optional water and sewer line protection services for homeowners. American Water Resources will provide educational information on residents’ responsibilities for the wate..
Enbridge Helps Plant Trees in Canada
During April and May, Enbridge Gas Distribution participated in four tree planting events in Ajax, Niagara Falls, Mount Albert, and Pelham as part of Ontario’s Green Leaf Challenge, an initiative launched by Forests Ontario and the Government of Ontario in celebration of Ontario150. These trees wil..
Primoris Services Corporation Acquires Florida Gas Contractors
Primoris Services Corporation has acquired the assets of Florida Gas Contractors, a utility contractor specializing in underground natural gas infrastructure. Total consideration was approximately $33 million paid in cash at closing. Florida Gas Contractors can also receive an additional $1.5 millio..
120WaterAudit Selected to Implement Water Testing in Indiana Public Schools
120WaterAudit has been selected as the technology and laboratory coordination provider to help with drinking-water testing in more than 700 public schools throughout Indiana. As part of the project, 120WaterAudit will leverage its technology expertise to assist with lab analysis for testing. “As a..
Former Arizona Utility Regulator Indicted on Bribery Charges
PHOENIX (AP) — A former Arizona utility regulator has been indicted on bribery and fraud charges in what prosecutors said was a scheme to funnel $31,000 in payments to him and arrange his purchase of a $350,000 property in exchange for favorable votes for a utility. Former Corporation Commissioner ..
Blackeagle Energy Services Names New Regional Directors
Blackeagle Energy Services today announced that Gene Hallman and Armando Ferri have joined the company’s leadership team. Hallman will serve as the company’s south region director and Ferri will serve as the director for the east region. Hallman and Ferri each has more than 20 years experience ..
2017 National Public Works Week Celebrates How Public Works Connects Us
In conjunction with the American Public Works Association, this week from May 21-27, municipalities throughout the U.S. and Canada are celebrating National Public Works Week to honor public works professionals who plan, design, build, manage and operate the infrastructure that ensures a higher q..
Report: M&A Appetite Hits Seven-Year High in Power and Utilities Sector
Fifty-nine percent of power and utilities executive respondents expect to actively pursue an acquisition in the next 12 months, according to the latest biannual EY Power & Utilities Capital Confidence Barometer. That demonstrates a 12% increase in M&A appetite since the last Barometer (47%), and..
GridLiance Hires Utility Industry Veteran as VP of Corporate Development
GridLiance, the nation’s first independent transmission company primarily focused on working with Public Power, has named utility-industry veteran Kevin Donnelly as vice president of Corporate Development. Donnelly joins GridLiance with more than 20 years of utility industry experience, including i..
ESCO Technologies Acquires Global Utility Solutions Provider
ESCO Technologies Inc. has acquired Morgan Schaffer Inc., a global utility solutions provider whose products are sold in over 90 countries to both electrical utilities with generation and transmission assets and original equipment manufacturers of large transmission transformers. The business, whic..
Infrastructure Upgrades Help Virginia American Water Receive Rate Increase
Following a 19-month review, the Virginia State Corporation Commission has issued an order that approves new rates for Virginia American Water. The new rates are for the company’s 60,000 drinking water and 20,000 wastewater customers in the City of Alexandria, the City of Hopewell, a portion of Prin..
PSE&G CEO Calls for Regulatory Changes in New Jersey
Ralph Izzo, president, chairman and chief executive officer of Public Service Enterprise Group, today called for a set of regulatory reforms in New Jersey that would establish financial incentives for utilities to help their customers reduce at-home energy use, as well as expand access to renewable ..
PG&E Named One of the Best Employers for Veterans
Pacific Gas and Electric Company has been named as one of the best employers for veterans by Military Times. This is the second consecutive year the company has made the “Best for Vets: Employers” list in the ranking’s eight-year history. The survey, conducted by the publishers of the Army Times, N..
APWA Honors Top 10 Public Works Professionals
The American Public Works Association earlier this month announced the 2017 Top Ten Public Works Leaders of the Year. APWA’s Top Ten Public Works Leaders are recognized for the career service achievements of public works professionals. This year marks the 57th anniversary of the Top Ten Leader..
Global Water Resources Acquires Eagletail Water Company
Global Water Resources, Inc. has acquired Eagletail Water Company, a small water utility located west of metropolitan Phoenix. The transaction adds approximately 50 active water connections and six square miles of approved service area to Global Water’s existing regional service footprint. The acqu..
Corporation Commission Rejects Utilities' Plea for More Time
TOPEKA, Kan. (AP) — The Kansas Corporation Commission won’t allow Westar Energy and Great Plains Energy extra time to renegotiate a new merger. After the commission in April rejected the proposed merger, the two companies filed a petition asking for extra time to revise the deal to meet commi..
Helmerich & Payne to Acquire MOTIVE Drilling Technologies
Helmerich & Payne, Inc. has entered into an agreement to acquire MOTIVE Drilling Technologies, Inc. for $75 million payable at closing and up to an additional $25 million in potential earnout payments based on future performance during the next few years. The transaction is pending and is expected ..
- 290-mile gas pipeline expansion proposed across Georgia, Alabama and South Carolina
- $227 million Garnet Valley water project advances, set to create 73,000 jobs in Nevada
- Pasadena, Calif., undergrounding project could take 500 years to finish
- Construction underway for $1.4 billion, 60-mile water pipeline in Chicago
- Worker dies after trench collapse at sewer project site in Norwich, Conn.
- Gehl and Mustang offer world’s largest skid loader
- Growing Pains and Gains
- Authorities investigating trench collapse that killed worker in Ashburn, Va.
- City of Albuquerque halts fiber optic construction in response to damage, complaints
- Pasadena, Calif., undergrounding project could take 500 years to finish