H2O Innovation: Utility Partners Renews Five (5) O&M Contracts, totaling $5.6 M
01 Outubro 2019 - 9:00AM
(TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the
“Corporation”) is proud to announce that Utility Partners, LLC
(“UP”), its business line providing operation and maintenance
services (“O&M”) in North America, recently renewed five (5)
contracts. These contracts, valued at $5.6 M, bring the
Corporation’s O&M business backlog to $85.5 M.
Utility Partners has renewed three (3) municipal
contracts in the state of New Hampshire. Two (2) of which were
renewed for five (5) years, and the third for three (3) additional
years; all of which are long time clients of Utility Partners. The
remaining two (2) contracts, located in Vermont and New York, were
renewed for five (5) years and 13 months, respectively. Finally, UP
increased the scope of its work on two (2) existing projects, thus
increasing their annual value.
“We are always proud to be able to renew the
contracts of our existing customers. Our team makes sure to provide
above and beyond our regular scope of work, ensure compliance with
our health and safety practices, while remaining cost competitive.
This is what differentiates Utility Partners from other O&M
companies,” 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 Alternext Exchange 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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