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Innovate 4 Water: Takeaways from WaterVent in Geneva
Bluefield Research attended the Innovate 4 Water conference in Geneva. The event, hosted by World Intellectual Property Organization, brought together a diverse mix of water entrepreneurs, regulators, academia, and investors, across a wide thematic scope covering water and wastewater issues in emerging and developed markets.Eversource’s $1.68B Water Deal Indicates Renewed Convergence of U.S. Critical Infrastructure
One 2 June 2017, Eversource Energy, New England’s largest energy provider, announced plans to acquire Aquarion Water, the region’s largest private water company for $1.68 billion. The two companies share a three-state service territory– Connecticut, Massachusetts and New Hampshire.
This deal highlights the growing interest of critical infrastructure providers in water. Consolidation of gas, power, and water assets is not a new phenomenon, but, given the state of municipal water infrastructure, investor-owned gas and power utilities like Liberty Utilities and People’s Natural Gas are exploring opportunities for portfolio diversification.
For more analysis, see our new report on water mergers and acquisitions.
