Reese Tisdale is joined by Bluefield Senior Analyst Charlie Suse to discuss recent research on Investor-Owned Utilities in water. Reese and Charlie spell out Bluefield’s definition of “Pri...
On 15 November 2021, the US$1.2 trillion Infrastructure Investment and Jobs Act was passed, ushering in substantial federal funding to bolster the nation's infrastructure. The funding package comprises up to US$63 billion for Water Infrastructure and Western Water Infrastructure appropriations.
The global private equity sector has grown thirteenfold since 2000, wielding increasing influence over critical infrastructure sectors. This includes strategic investments in water and wastewater services, from technology to more tangible assets like utilities and desalination plants. Amid this change, the proliferation of digital technologies across the water industry has opened new growth avenues for select PE investors.
On 10 January 2024, Pennon Group—an LSE-listed company active in the English water & wastewater utility and retail markets—announced it had completed the 100% acquisition of Sutton and East Surrey Water (SES) and other ancillary businesses for £89 million (US$113.3 million) from Sumitomo Corporation and Osaka Gas. The deal, subject to a competition authority review, values SES at £380 million (US$483.7 million).
Bluefield forecasts a total cumulative US$476 billion in water & wastewater infrastructure CAPEX investment in Europe from 2024 to 2030, scaling from US$60 billion annually in 2024 to approximately US$75 billion in 2030, with a 2% compound annual growth rate marked by strong regional differences.
Eastern Municipal Water District (Eastern) General Manager, Joe Mouawad, provides a fantastic discussion of Eastern’s Purified Groundwater Replenishment Program and its attendant benefits, as well a...
The future of water is digital. As utilities and industry face challenges such as aging infrastructure, demographic shifts, and climate change, the industry is looking toward innovative solutions to manage current challenges and future-proof their systems.
Economic uncertainty reflected in an 8% decline in M&A. Investor-owned utilities, municipalities, and a handful of other buyers tallied 140 approved acquisitions during 2023. This marks a two-year decline in annual deal flow following a record number of acquisitions in 2021.
The eight Japanese trading companies, also known as “sogo shosha”, are Mitsubishi Corporation, Mitsui Corporation, Hitachi Corporation, Itochu Corporation, Sumitomo Corporation, Marubeni Corporati...