H2O Innovation: Utility Partners Renews Three (3) O&M Contracts, totaling $30.1 M
November 05 2019 - 8:00AM
(TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the
“Corporation”) is proud to announce Utility Partners, LLC (“UP”),
its business line providing operation and maintenance services
(“O&M”) in North America, recently renewed three (3) contracts.
These contracts, valued at $30.1 M, bring the Corporation’s O&M
business backlog to $112.8 M.
Utility Partners has renewed three (3) municipal contracts in
the states of Mississippi, Vermont and New Hampshire. The first
contract is renewed for an initial period of six (6) years, with
three (3) renewal options of two (2) years each. UP has been in a
successful partnership with this Mississippi client for over a
decade. The second contract was renewed for a 5-year period, and
the third, for three (3) additional years.
“Utility Partners is proud to gain these renewals. It shows,
once again, the continued belief and trust that our clients and
community residents have in our team”, added Bill Douglass,
Vice-President of the Operation & Maintenance division of H2O
Innovation and Managing Director of Utility Partners.
About H2O Innovation H2O
Innovation designs and provides state-of-the-art, custom-built and
integrated water treatment solutions based on membrane filtration
technology for municipal, industrial, energy and natural resources
end-users. The Corporation’s activities rely on three pillars which
are i) water and wastewater projects; ii) specialty products and
services, including a complete line of specialty chemicals,
consumables, specialized products for the water treatment industry
as well as control and monitoring systems; and iii) operation and
maintenance services for water and wastewater treatment systems.
For more information, visit www.h2oinnovation.com.
About Utility PartnersUtility
Partners operates, maintains, and repairs water and wastewater
treatment plants, distribution equipment and other water utilities
for all of its municipal customers. It currently employs 435
employees for the operation of more than 175 utilities in two (2)
Canadian provinces and eleven (11) US states, mainly on the US Gulf
coast, Southeast, Northeast (New England) and the West Coast. For
more information, visit www.utilitypartnersllc.com.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) nor the NYSE Euronext Growth Paris accepts
responsibility for the adequacy or accuracy of this release.
Source: H2O Innovation Inc.
www.h2oinnovation.com Contact: Marc
Blanchet+1 418-688-0170
marc.blanchet@h2oinnovation.com
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