Reports & Analysis
Our Insight Reports provide deep-dive analyses into global topics, including water infrastructure, industrial water management, digital solutions, and more. Available for online purchase, buyers receive immediate access to the reports.
Fair Market Value: Key Policies, Acquisition Trends, and Companies
Bluefield has tracked approximately 1,200 water deals submitted for regulatory approval since 2015, with only 8% having been executed using FMV. The legislation has historically played a relatively small role in IOU M&A, but increased utilization is having a ripple effect across states with active policies. As pressure builds to consolidate struggling utilities, more states are likely to employ incentives like FMV to support acquisitions.
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Unplugged, GE Digital Sharpens Focus on WaterOn 13 December 2018, diversified U.S. industrial firm General Electric announced the spinoff of its software unit, GE Digital. The new, US$1.2 billion firm will...
22 Jan. 2019
U.S. Smart Water Landscape Taking on New LookFive hardware companies dominate the U.S. water landscape, but larger, diversified companies are entering the fray.
17 May. 2016
Aqua America Accelerates Core Growth StrategyAqua America reported seven acquisitions during the first quarter of 2016. These deals mark an increase in M&A activity.
25 May. 2016
Aqua America Lands Big Fish in WastewaterOn 17 September 2019, Aqua America Inc. announced that its subsidiary, Aqua Pennsylvania Wastewater, signed an asset purchase agreement with the Delaware County Regional Water...
8 Oct. 2019
Central States Water Quietly Builds Utility PlatformBluefield’s Q3 2019, quarterly tracking and analysis of IOU M&A activity in the U.S. has uncovered new market entries for investor-owned utility Central States Water...
16 Oct. 2019
Take Two: JEA Seeks Bidders for Water Utility AssetsOn 14 October 2019, the JEA (formerly Jacksonville Electric Authority) evaluation committee released the names of eight companies—with one company undisclosed—that expressed interest in purchasing...
31 Oct. 2019
NW Natural Jumps into Texas Water MarketOn 31 October 2019, investor-owned utility (IOU) NW Natural made a move well beyond its current geographic footprint with the acquisition of Texas-based T&W Water...
6 Dec. 2019
Liberty Adds Water in the Empire StateOn 20 November 2019, American Water announced the sale of its regulated water operations in New York (New York American Water) to Liberty Utilities, a...
18 Dec. 2019
Big Deals Hard to Come by in Municipal WaterAt the close of 2019, two large municipal utility acquisitions were taken off the table underscoring the challenges of large deals involving municipal systems. On...
23 Jan. 2020
Decoupling Water Rates on California AgendaAs California doubles down on investments in water supply infrastructure with Governor Gavin Newsom’s new Water Supply Strategy, SB 1469 represents another path to boosting...
5 Oct. 2022