2O

H2O Innovation Signs a New Operation and Maintenance Contract Worth $10.4 M

Retrieved on: 
Tuesday, July 20, 2021

QUEBEC CITY, July 20, 2021 (GLOBE NEWSWIRE) -- (TSXV: HEO) H2O Innovation Inc. (H2O Innovation or the Corporation) is proud to announce it has recently been awarded an Operation and Maintenance (O&M) contract for the City of Laurel, MS (the City) with a total value of $10.4 M over 4 years, bringing the Corporations O&M sales backlog to $83.2M.

Key Points: 
  • QUEBEC CITY, July 20, 2021 (GLOBE NEWSWIRE) -- (TSXV: HEO) H2O Innovation Inc. (H2O Innovation or the Corporation) is proud to announce it has recently been awarded an Operation and Maintenance (O&M) contract for the City of Laurel, MS (the City) with a total value of $10.4 M over 4 years, bringing the Corporations O&M sales backlog to $83.2M.
  • This contract was awarded as part of a call for tenders that the City launched with the aim of privatizing some of its public services.
  • This new agreement includes O&M services for the upkeep of Laurels streets and drainage systems and repairs of its municipal fleet.
  • H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers.

H2O Innovation Signs a New Contract Worth $5.0 M

Retrieved on: 
Wednesday, June 23, 2021

QUEBEC CITY, June 23, 2021 (GLOBE NEWSWIRE) -- (TSXV: HEO) H2O Innovation Inc. (H2O Innovation or the Corporation) is proud to announce it has recently been awarded the Operations and Maintenance (O&M) contract for the Town of Warren, Rhode Island with a total value of $5.0 M, bringing the Corporations O&M sales backlog to $71.3M.

Key Points: 
  • QUEBEC CITY, June 23, 2021 (GLOBE NEWSWIRE) -- (TSXV: HEO) H2O Innovation Inc. (H2O Innovation or the Corporation) is proud to announce it has recently been awarded the Operations and Maintenance (O&M) contract for the Town of Warren, Rhode Island with a total value of $5.0 M, bringing the Corporations O&M sales backlog to $71.3M.
  • This contract holds not only historical significance for the contract operations industry, but also strategic significance for H2O Innovation in that it continues to build our O&M presence in the Northeast US where we have a strong customer base.
  • In the coming weeks, we will leverage the knowledge and expertise of our existing staff and startup team to smoothly transition operations to H2O Innovation, stated Gregory Madden, Chief Strategy Officer of H2O Innovation.
  • H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers.

H2O Innovation: Utility Partners Renews Two Operation and Maintenance Contracts

Retrieved on: 
Tuesday, July 14, 2020

QUEBEC CITY, July 14, 2020 (GLOBE NEWSWIRE) -- (TSXV: HEO) H2O Innovation Inc. (H2O Innovation or the Corporation) is pleased to announce that Utility Partners, LLC (UP), its business line dedicated to operation and maintenance services (O&M) in North America, recently renewed two (2) O&M contracts.

Key Points: 
  • QUEBEC CITY, July 14, 2020 (GLOBE NEWSWIRE) -- (TSXV: HEO) H2O Innovation Inc. (H2O Innovation or the Corporation) is pleased to announce that Utility Partners, LLC (UP), its business line dedicated to operation and maintenance services (O&M) in North America, recently renewed two (2) O&M contracts.
  • The UP team has been responsible for the operation, maintenance and management of the city's water and wastewater treatment facilities since 2010.
  • Utility Partners is proud to extend these contracts for our valued clients.
  • This is a testament to the dedicated professionals within the Utility Partners/H2O Innovation team,stated Bill Douglass, Vice President of the Operation and Maintenance Business Pillar of H2O Innovation.

H2O Innovation Expands Texas O&M Business Platform with Gulf Utility Service, Inc. Acquisition

Retrieved on: 
Thursday, July 2, 2020

These additional clients and users are added to the Corporations O&M customer base in Texas, totaling now 85 customers.

Key Points: 
  • These additional clients and users are added to the Corporations O&M customer base in Texas, totaling now 85 customers.
  • On a combined basis, we can now count on 110 employees based in Texas to support our operations and future growth.
  • H2O Innovations management expects that this acquisition will grow immediately H2O Innovations EBITDA and will also be accretive to its earnings.
  • We intend to implement or replicate these processes over an 18-month horizon, added Bill Douglass, Vice President & Managing Director of the O&M Business Pillar of H2O Innovation.