Karegnondi Water Authority

Consolidated Water Reports Record 2022 Revenue up 41% to $94.1 Million, Driving Net Income of $8.2 Million or $0.54 per Share

Retrieved on: 
Thursday, March 30, 2023

Net income from continuing operations attributable to company stockholders was $8.2 million or $0.54 per basic and diluted share, up 138% from $3.4 million or $0.23 per basic and diluted share in 2021.

Key Points: 
  • Net income from continuing operations attributable to company stockholders was $8.2 million or $0.54 per basic and diluted share, up 138% from $3.4 million or $0.23 per basic and diluted share in 2021.
  • Consolidated Water exercised its option to purchase the remaining 39% minority interest in PERC Water in October 2022.
  • “This generated a 41% increase in revenue for the year, reaching a record $94.1 million, and drove net income up 138% to $8.2 million.
  • Cash and cash equivalents totaled $50.7 million as of December 31, 2022, as compared to $51.1 million as of September 30, 2022.

Monroe County Water Authority Flips the Switch On One Of NY’s First Bifacial Solar Arrays

Retrieved on: 
Thursday, August 11, 2022

Beyond the financial benefits of the solar array, utilizing sustainable, clean energy is a significant step forward in our commitment to environmental stewardship.

Key Points: 
  • Beyond the financial benefits of the solar array, utilizing sustainable, clean energy is a significant step forward in our commitment to environmental stewardship.
  • The New York Power Authority is pleased to have played an energy advisor role for the Water Authority to help make this unique solar project happen in Monroe County, said Justin E. Driscoll, NYPAs interim president and CEO.
  • This prudent use of Water Authority land will make a new source of clean power available to the Water Authority.
  • Monroe County Water Authority is a not-for-profit public benefit corporation that reliably provides quality, affordable water to foster economic vitality and enhanced quality of life for Monroe County and area communities who request service.

Fosterville South Reports Initial 2022 Assays from Drilling at the Beechworth Project Including 3m at 8.83 g/t Gold in Expansion Hole at Homeward Bound Target and 8m at 4.84 g/t Gold including 1m at 33.4 g/t Gold in Discovery Hole at Bon Accord Target

Retrieved on: 
Tuesday, January 18, 2022

Similarly for the Stanley State Forest scout drilling program drillhole series BE was all conducted using reverse circulation drilling.

Key Points: 
  • Similarly for the Stanley State Forest scout drilling program drillhole series BE was all conducted using reverse circulation drilling.
  • Fosterville South is actively drilling at Reedy Creek (Providence Project), which occurs within the epizonal district of the Melbourne Zone.
  • Fosterville South will commence drilling at two key gold projects, Golden Mountain and Lauriston Gold, in the first quarter of 2022.
  • Except as required under applicable securities legislation, Fosterville South does not undertake to publicly update or revise forward-looking information.