H2O Innovation: Utility Partners renews two operation and maintenance contracts and extends the scope of work of two municipal projects
QUEBEC CITY, QUEBEC–(Marketwired – Sept. 6, 2017) - H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) (TSX VENTURE:HEO)(ALTERNEXT:MNEMO:ALHEO)(OTCQX:HEOFF) is proud to announce that Utility Partners, LLC (“UP”), its business line providing operation and maintenance services (“O&M”) in the United States, recently renewed two (2) operation and maintenance contracts and extended the scope of work of two (2) municipal projects, totalling $5.1 M, which bring the Corporation’s O&M business backlog to $53.3 M, excluding the projects sales backlog.
Utility Partners renewed two (2) municipal operation and maintenance contracts in the States of California and New Hampshire, for an additional five (5) years each. UP also extended the scope of work of two (2) existing municipal contracts, located in the States of Georgia and New Hampshire. These scope expansions include, respectively, the billing and collection services as well as the septage receiving station monitoring.
“Now fully integrated into H2O Innovation, the UP team is now focused on renewing contracts and keeping the business growing. It is essential for us to be able to evolve with our existing customers’ needs, which is why we offer them a diversified and integrated range of services with in depth water and wastewater expertise. The last year has shown that our added value services generate greater customer retention as well as multiple cross selling opportunities”, stated Frédéric Dugré, President and CEO of H2O Innovation.
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 Partners
Utility 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 360 employees for the operation of thirty-nine (39) utilities in seven (7) 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.