Stormwater management

Corvias Infrastructure Solutions Announces Financing From Goldman Sachs Asset Management For Green Stormwater Infrastructure

Retrieved on: 
Wednesday, August 4, 2021

LARGO, Md., Aug. 4, 2021 /PRNewswire/ --Corvias Infrastructure Solutions, a leader in public infrastructure development and program management, today announced its closing with the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) for a new credit facility of up to $75 million to finance vital municipal stormwater and green infrastructure programs.

Key Points: 
  • LARGO, Md., Aug. 4, 2021 /PRNewswire/ --Corvias Infrastructure Solutions, a leader in public infrastructure development and program management, today announced its closing with the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) for a new credit facility of up to $75 million to finance vital municipal stormwater and green infrastructure programs.
  • "This credit facility will allow for the accelerated implementation of green stormwater infrastructure, providing Corvias Infrastructure Solutions the ability to implement projects immediately in communities such as the greater Milwaukee area," said Corvias Infrastructure Solutions Senior Vice President Shawn Kerachsky.
  • Corvias Infrastructure Solutions (CIS), a wholly owned subsidiary of Corvias, is a leader in public infrastructure development and program management.
  • Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure.

Advanced Drainage Systems Elects Anil Seetharam to Board of Directors

Retrieved on: 
Thursday, July 22, 2021

Advanced Drainage Systems, Inc. (NYSE: WMS) (ADS or the Company), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that Anil Seetharam has been elected to its Board of Directors at the Companys Annual Meeting of Stockholders (Annual Meeting), effective immediately.

Key Points: 
  • Advanced Drainage Systems, Inc. (NYSE: WMS) (ADS or the Company), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that Anil Seetharam has been elected to its Board of Directors at the Companys Annual Meeting of Stockholders (Annual Meeting), effective immediately.
  • The addition of Mr. Seetharam increases the size of the Board from 11 to 12 directors.
  • We are pleased to welcome Anil to our Board of Directors, said Robert Kidder, Chairman of the Board of Directors.
  • Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplace.

New Pentair Smart Sump Controller Helps Protect Homes from Flooding

Retrieved on: 
Tuesday, July 20, 2021

Pentair (NYSE:PNR), a leading provider of water treatment and sustainable solutions, introduces its versatile sump pump controller to help minimize the risk of flooding at home. The Pentair Sump Controller is a smart, connected device that offers ease and confidence to homeowners by providing real-time pump alerts via the Pentair Home app, and activating the sump pump when waters rise in the home during a weather event.

Key Points: 
  • The Pentair Sump Controller is a smart, connected device that offers ease and confidence to homeowners by providing real-time pump alerts via the Pentair Home app, and activating the sump pump when waters rise in the home during a weather event.
  • View the full release here: https://www.businesswire.com/news/home/20210720006140/en/
    The Pentair Sump Controller is a user-friendly, connected pump controller that empowers you to protect your property by being aware and informed.
  • The new Pentair Sump Controller is one of a range of Pentair smart home solutions that help homeowners stay connected and manage their water from the convenience of their mobile device.
  • The universal outlet allows the user to use the Pentair Sump Controller with most existing sump pumps.

Advanced Drainage Systems to Announce First Quarter Fiscal 2022 Results on August 5, 2021

Retrieved on: 
Tuesday, July 20, 2021

Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading global manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the first quarter ended June 30, 2021 before the market opens on August 5, 2021.

Key Points: 
  • The live webcast will be accessible via the Events Calendar section of the Companys Investor Relations website, www.investors.ads-pipe.com .
  • Participants may also register here for this conference call, or copy and paste the following text into your browser: http://www.directeventreg.com/registration/event/2558055 .
  • Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplace.
  • To learn more about Advanced Drainage Systems, please visit the Companys website at www.adspipe.com .

Advanced Drainage Systems Signs the America Recycles Pledge & Demonstrates Continued Commitment to Advancing the Circular Economy

Retrieved on: 
Monday, July 12, 2021

Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions and the second largest plastic recycling company in North America, has signed the America Recycles Pledge.

Key Points: 
  • Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions and the second largest plastic recycling company in North America, has signed the America Recycles Pledge.
  • ADS recycles more than half a billion pounds of plastic and avoids 730 million pounds of greenhouse gas emissions every year.
  • Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplace.
  • USEPA launched the America Recycles Pledge to create collaboration among stakeholders to address the challenges facing the US recycling system and identify solutions that create a more resilient materials economy and protect the environment.

New $60 Home Product Prevents Basement Flooding and Saves Thousands on Foundation Repair

Retrieved on: 
Tuesday, July 6, 2021

The AutoSpout is a downspout extension that automatically lowers during rainfall and rises back into place when the gutters empty.

Key Points: 
  • The AutoSpout is a downspout extension that automatically lowers during rainfall and rises back into place when the gutters empty.
  • Most houses have gutter systems that collect rain at the roof, routing water to the downspout at the base of the building.
  • Often, this is where the system ends, causing puddling on the ground and directing water back under the home.
  • This is a problem that can cause foundation damage, settling, and the growth of mold and mildew.

BDry Alabama announces partnership with Shipshape Solutions, joining dealer network to offer next generation performance monitoring to their customers

Retrieved on: 
Thursday, June 24, 2021

In this partnership, BDry will join Shipshape's Service Provider Network as well as offer Shipshape's sump pump and dehumidifier upgrade solutions to its' customers.

Key Points: 
  • In this partnership, BDry will join Shipshape's Service Provider Network as well as offer Shipshape's sump pump and dehumidifier upgrade solutions to its' customers.
  • In addition, the partnership will run co-marketing and other incentive campaigns to BDry and Shipshape customers.
  • MyCoverage - Warranty and maintenance plan information is stored in the Shipshape App to facilitate a seamless connection to service pros.
  • Proactive AlertActions Notifications that offer actionable recommendations to help the homeowner reduce risks and/or improve performance associated with the homes' critical systems.

Canada and FCM invest in building resilient communities in Waterloo

Retrieved on: 
Thursday, June 24, 2021

WATERLOO, ON, June 24, 2021 /CNW/ -In communities across the country, Canadians are experiencing the impacts of climate change.

Key Points: 
  • WATERLOO, ON, June 24, 2021 /CNW/ -In communities across the country, Canadians are experiencing the impacts of climate change.
  • By investing in initiatives that lower emissions and increase the resiliency of communities, we are creating good, middle-class jobs and building Canada's low emissions energy future.
  • The City of Waterloo will receive $175,000 to study the risks of sodium chloride infiltration from Stormwater Management Facilities in the Laurel Creek sub-watershed.
  • When orders of government work together to reduce emissions, we're building more resilient communities."

Buffalo Sewer Authority Issues Largest-Ever U.S. Environmental Impact Bond

Retrieved on: 
Tuesday, June 22, 2021

BUFFALO, N.Y., June 22, 2021 /PRNewswire/ -- The Buffalo Sewer Authority closed on a $54 million Environmental Impact Bond (EIB) last week, the country's largest to date, to finance green infrastructure and stormwater mitigation projects as part of its Rain Check 2.0 initiative.

Key Points: 
  • BUFFALO, N.Y., June 22, 2021 /PRNewswire/ -- The Buffalo Sewer Authority closed on a $54 million Environmental Impact Bond (EIB) last week, the country's largest to date, to finance green infrastructure and stormwater mitigation projects as part of its Rain Check 2.0 initiative.
  • Buffalo Sewer will use the bond proceeds to design and implement green infrastructure to capture stormwater, reduce combined sewer overflows, and enhance community benefits including jobs.
  • "It also establishes Buffalo as the nation's leader in gaining access to impact investors who seek not only financial returns, but also measurable environmental impact."
  • "By committing to the highest levels of transparency and accountability in issuing this Environmental Impact Bond, Buffalo Sewer engineered this novel outcomes-based call feature to incentivize all parties to significantly accelerate the production of green infrastructure in Buffalo."

New York City Department of Environmental Protection partners with Arcadis to drive city-wide resilience

Retrieved on: 
Friday, June 18, 2021

NEW YORK, June 18, 2021 /PRNewswire/ --Arcadistoday announced its partnership with the New York City Department of Environmental Protection (DEP) to launch a $53 million program designed to engage property owners across the city with resiliency measures that improve local and regional environmental health.

Key Points: 
  • NEW YORK, June 18, 2021 /PRNewswire/ --Arcadistoday announced its partnership with the New York City Department of Environmental Protection (DEP) to launch a $53 million program designed to engage property owners across the city with resiliency measures that improve local and regional environmental health.
  • In addition to greening the city, green infrastructure helps reduce and manage stormwater runoff and provides urban heat island reduction, healthier air and habitats for birds and pollinators.
  • As a result, New York Harbor is cleaner and healthier today than it has been since the Civil War.
  • We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world.