Potable Water/Wastewater Due Diligence.

 

Due diligence assignments in the potable water and sanitary wastewater sector have been completed related to potential Mergers & Acquisitions (M&A), municipal bond financing, and private financing associated with a variety of cross border lease (CBL) transactions and/or long term service contracts.  The table below summarizes the various Due Diligence assignments completed.

Due Diligence Experience in the Water and Wastewater Sector (1)

 

Entity Location Transaction Type/Size
($ million)
Asset Composition
Note 1. Projects are typically related to Due Diligence for Mergers & Acquisitions (M&A), municipal bond financing or private financing associated with cross border lease (CBL) transactions, service contracts, etc.
2. Combined transaction size.
3. Combined transaction size.
A. U.S. Transactions
1. Aqua Source 622 Small IOUs located throughout HI, MO, TX, KY, IN, FL, NC, SC, VA, NY, NJ, and CT. Also, 29 Con Ops within CO, TX, IN, FL, GA, RI, CT, and MA. M&A/ - 535 WTPs, 90 WWTPs and associated infrastructure and 29 ConOps contracts.
2. AWWC of Connecticut Greenwich, Norton, and Mystic, Connecticut. M&A/$233(2) 3 Surface WTPs, 2 groundwater WTPs, 7 wells, 12 booster stations, 7 storage tanks, 725 miles of water mains.
3. AWWC of Massachusetts Hingham, Hull, Millbury, and Oxford, Massachusetts. M&A/$233(2) 1 Surface WTP, 1 groundwater WTP, 14 wells, 6 storage tanks, 291 miles of water mains.
4. AWWC of New Hampshire Hampton, New Hampshire. M&A/$233(2) 1 Groundwater WTP, 14 wells, 2 booster stations, 4 storage tanks, 134 miles of water mains.
5. Bridgeport Hydraulic Company Bridgeport, Connecticut. M&A/$601(3) 4 Surface WTPs, 29 groundwater WTPs, 13 reservoirs, 34 storage tanks, 2,058 miles of water mains, 8,500 fire hydrants, 76 pump stations.
6. City of Bayonne Bayonne, New Jersey. Service Contract/ - 61 Miles of sewer, 7 pump stations, 29 CSO structures, 1,500 catch basins.
7 Jersey City Jersey City, New Jersey. Service Contract/ - 250 Miles of sewers.
8. North Hudson Sewerage Authority Hoboken, Weehawken, Union City, and West New York, New Jersey. Service Contract/ - 165 Miles of sewer, 6 pump stations, associated regulator and CSO structures.
9. Passaic Valley Sewerage Commission Newark, New Jersey. Service Contract/ - 330 MGD WWTP, 36 miles of sewer, 2 pump stations, 5 miles of outfall sewer.
10. Pennichuck Corporation Nashua, Amherst, Hudson, Merrimack, and Milford, New Hampshire. M&A/ - 3 Surface water ponds/impoundments/dams, 35 MGD surface WTP, 52 wells, 11 storage tanks, 502 miles of water mains, 3,700 hydrants.
11. Poseidon Resources LLC DBO Desalination Plant in Tampa, FL, ConOps Contract in Cranston, RI, Desalination Projects in CA and TX. M&A/ - 23 MGD wastewater ConOps, 25 MGD desalination DBO, 9 desalination and/or water reuse projects.
12. Sanitary Districts of Los Angeles County Los Angeles, California. Service Contract/ - 4 WWTPs, 300 miles of sewers.
13. Sea Cliff Water Company Nassau County, New York. M&A/$601(3) 4 WWTPs, 300 miles of sewer, 1 groundwater WTP, 2 storage tanks, 57.2 miles of water mains, 364 fire hydrants, 3 pump stations.
14. Utilities, Inc. – Carolina Water Services 23 Utilities throughout VA, MD, NJ, PA, SC, NC, TN, and GA. M&A/ - 439 wells, 713 miles of water mains, 247 storage tanks, 265 WTPs, 77 WWTPs, 137 pump stations, and 315 miles of sewers.
15. Utilities, Inc. – Midwest 26 Utilities throughout IN, IL, OH, and NV. M&A/ - 67 Wells, 243 miles of water mains, 43 storage tanks, 18 WTPs, 10 WWTPs, 11 pump stations, and 40 miles of sewers.
16. Utilities, Inc. of Florida 20 Utilities throughout Florida. M&A/ - 68 Wells, 35 miles of water mains, 59 storage tanks, 39 WTPs, 16 WWTPs, 149 pump stations, and 210 miles of sewers.
17. Utilities, Inc. of Louisiana 3 Utilities in Louisiana and Mississippi. M&A/ - 24 Wells, 44 miles of water mains, 21 storage tanks, 11 WTPs, 13 WWTPs, and 4 miles of sewers.
18. Waste Management Biogro Division (Residuals Management) Wastewater Residual Management Facilities at 18 projects throughout 18 States. M&A/ - 4 Drying/pelletization facilities, 2 composting operations, 14 alkaline fixation processes, 15 dewatering sites, 500,000 acres for permitted land application.
B. Non-U.S. Transactions
1. Yorkshire Water Leeds, United Kingdom. CBL/ -
9 WTPs.
2. Zuiveringsschap Hollandse Ellanden en Waarden (ZHEW) Dordrecht, The Netherlands. CBL/ - 20 WWTPs.
3. Wetterskyp Fryslan Leeuwarden, The Netherlands. CBL/$200 23 WWTPs.
4. Waterschap Vallei en Eem Amersfoot, The Netherlands. CBL/$200 1 WWTP.
5. Hoogheemraadschap de Stichtse Rijnlanden Nieuwegein, The Netherlands. CBL/$200 15 WWTPs.
6. Stadtentwässerung Stuttgart Stuttgart, Germany. CBL/ - 3 WWTPs.
7. City of Nümberg Nümberg, Germany. CBL/ - 2 WWTPs.
8. Entwässerungsbetrieb Lutherstadt Wittenberg (ELW) Wittenberg, Germany. CBL/ - 1 WWTP, 192 km sewer, 7 pump stations, 3 storage basins.
9. Zweckverband Klärwerk Steinhäule Ulm, Germany. CBL/ - 1 WWTP.
10. City of Ludwigsburg Ludwigsburg, Germany. CBL/ - 3 WWTPs, 2 pump stations, 3 storage basins.
11. City of Dresden Dresden, Germany. CBL/$350 1 WWTP, 25 km interceptors, special structures.
12. City of Cologne Cologne, Germany. CBL/$1,100 4 WWTPs, 89 km sewers, 6 pump stations, 1 storage basin.
13. Kommunale Wasserwerke Leipzig, GmbH Leipzig, Germany. CBL/$192 5 WWTPs.
14. City of Cologne II Cologne, Germany. CBL/$800 178 km sewers, 8 pump stations, 4 storage basins.
15. Ruhrverband Essen Region, Germany. CBL/$743 9 WWTPs, 97 km interceptors, 17 pump stations, 21 storage basins.
16. City of Bonn Bonn, Germany. CBL/$520 1 WWTP, 128 km sewers, 1 pump station, 2 storage basins.
17. Emschergenossenschaft Essen, Germany. CBL/$477 1 WWTP, 12.8 km interceptors.
18. Hamburger Stadtentwässerung Hamburg, Germany. CBL/$1,200 1 WWTP, 6 km interceptors, 1 pump station, 5 storage basins.
19. Entsorgungsbetriebe Stadt Konstanz Konstanz, Germany. CBL/ - 1 WWTP, 42 km interceptors, 6 pump stations, 4 storage basins.
20. City of Kaiserslautem Kaiserslautem, Germany. CBL/$350 1 WWTP, 415 km sewers, 8 pump stations, 35 storage basins.
21. City of Bonn II Bonn, Germany. CBL/$536 3 WWTPs, 245 km sewers, 13 pump stations, 2 storage basins.
22. City of Schwerin
(Wastewater Assets)
Schwerin, Germany. CBL/$268 1 WWTP, 499 km sewers, 310 pump stations, 21 storage basins.
23. City of Schwerin
(Potable Water Assets)
Schwerin, Germany. CBL/$92 2 WTPs, 15 pressure stations, 2,070 hydrants, 2 water towers, 312 km pipelines.
24. City of Düsseldorf, Germany Düsseldorf, Germany. CBL/$530 412.4 km sewers, 36 pump stations, 14 storage basins.
25. City of Reullingen Reullingen, Germany. CBL/ - 2 WWTPs, 520 km sewers, 25 storage basins.
26. Erftverband I Cologne Region, Germany. CBL/$177 2 WWTPs, 76.8 km interceptors, 2 pump stations, 28 storage basins.
27. City of Nuremberg Nuremberg, Germany. CBL/ - 1,420 km sewers, 22 pump stations, 31 storage basins.
28. City of Pinneberg Pinneberg, Germany. CBL/$300 1 WWTP, 155 km sewers, 26 pump stations and storage basins.
29. Innsbrucker Kommunalbetriebe AG Innsbruck, Austria. CBL/$350 1 WWTP, 336.5 km sewers, 3 pump stations, 1 storage basin.
30. Zweckverband Landeswässervesorgung Stuttgart, Germany. CBL/$688 2 WTPs, 700 km pipeline, 5 pressure stations, 10 energy recovery facilities.
31. Bodenseewässerverband Stuttgart, Germany. CBL/$841 1 WTP, 1175 km sewer, 90 pump stations and storage basins.
32. Wupperverband I Wuppertal Region, Germany. CBL/$221 4 WWTPs, 16 km sewer, 4 pump stations and storage basins.
33. City of Gelsenkirchen Gelsenkirchen, Germany. CBL/$300 666 km sewer.
34. City of Wuppertal Wuppertal, Germany. CBL/$440 1,430 km sewer, 38 pump stations, 50 storage basins.
35. City of St. Augustin St. Augustin, Germany. CBL/$200 1 WWTP, 260 km sewer, 29 pump stations and storage basins.
36. Ruhrverband II Duisberg, Germany. CBL/$180 2 WWTPs, 14 km sewer, 9 pump stations and storage basins.
37. City of Neunkirchen Neunkirchen, Germany. CBL/ - 245 km sewer, 83 pump stations and storage basins.
38. LINEG Düsseldorf Region, Germany. CBL/ - 5 WWTPs, 100 km sewer.
39. Erftverband II Cologne Region, Germany. CBL/$598 23 WWTPs, 140 km sewer, 76 pump stations and storage basins.
40. Lippeverband I Essen Region, Germany. CBL/$326 3 WWTPs, 37 km sewer, 12 pump stations and storage basins.
41. City of Duisburg Duisburg, Germany. CBL/$1,000 3 WWTPs, 1,490 km sewer, 140 pump stations and storage basins.
42. Wupperverband II Wuppertal Region, Germany. CBL/$298 7 WWTPs, 26 km sewer, 4 pump stations and storage basins.
43. City of Mannheim Mannheim, Germany. CBL/$800 1 WWTP, 850 km sewer, 73 pump stations and storage basins.
44. Eifelrurverband Aachen Region, Germany. CBL/$800 10 WWTPs, 128 km sewer, 44 pump stations and storage basins.
45. Rhein-Sieg GbR Bonn Region, Germany. CBL/ - 40 WWTPs.
46. City of Stuttgart Stuttgart, Germany. CBL/$540 1,714 km sewer, 95 pump stations and storage basins.
47. City of Ravensburg Ravensburg, Germany. CBL/ - 1 WWTP, 260 km sewer, 25 pump stations and storage basins.
48. Niersverband Mönchengladbach Region, Germany. CBL/ - 6 WWTPs, 100 km sewer.
49. City of Vienna Vienna, Austria. CBL/$270 490 km sewer, 27 pump stations and storage basins.
50. City of Aalen Aalen, Germany. CBL/$103 4 WWTPs, 174 km sewer, 27 pump stations and storage basins.
51. City of Heidenheim Heidenheim, Germany. CBL/$113 2 WWTPs, 315 km sewer, 28 pump stations and storage basins.
52. City of Schwabisch Gmünd Schwabisch Gmünd, Germany. CBL/$120 1 WWTP, 336 km sewer, 28 pump stations and storage basins.
53. City of Mönchengladbach Mönchengladbach, Germany. CBL/ - 2,000 km sewer, 220 pump stations and storage basins.
54. City of Recklinghausen Recklinghausen, Germany. CBL/$174 376 km sewer, 19 pump stations and storage basins.
55. City of Ulm Ulm, Germany. CBL/ - 600 km sewer, 100 pump stations and storage basins.
56. Lippeverband II Essen, Germany. CBL/$458 12 WWTPs, 9 km sewer, 5 pump stations and storage basins.
57. City of Linz Linz, Austria. CBL/ - 1 WWTP, 551 km sewer.
58. City of Solingen Solingen, Germany. CBL/ - 588 km sewer, 105 pump stations and storage basins.
59. City of Bochum Bochum, Germany. CBL/$470 1,200 km sewer, 63 pump stations and storage basins.
60. City of Wesel Wesel, Germany. CBL/ - 2 WWTPs, 300 km sewer, 50 pump stations and storage basins.
61. City of Esslingen (Wastewater Assets) Esslingen, Germany. CBL/ - 292 km sewer, 69 pump stations and storage basins.
62. City of Esslingen (Potable Water Assets) Esslingen, Germany. CBL/ - 286 km pipelines, 28 pump stations and storage basins.
63. Westachsische Abwässerentsorgungsund Dienstleistungsgesellschaft (WAD) Glauchau Region, Germany. CBL/ - 2 WWTPs, 550 km sewer, 100 pump stations and storage basins.
64. City of Essen Essen, Germany. CBL/ - 1,550 km sewer, 5 storage basins.
65. City of Krefeld Krefeld, Germany. CBL/ - 765 km sewer, 77 pump stations and storage basins.
66. City of Flensburg Flensburg, Germany. CBL/ - 1 WWTP, 470 km sewer, 73 pump stations and storage basins.
67. City of Zweibrücken Zwiebrücken, Germany. CBL/ - 1 WWTP, 248 km sewer, 30 pump stations and storage basins.
68. City of Hamm Hamm, Germany. CBL/ - 788 km sewer, 82 pump stations and storage basins.
69. City of Asker Asker, Norway. CBL/ - 350 km sewer, 60 pump stations and storage basins.
70. Trinkwässerversorgung Magdeburg Magdeburg, Germany. CBL/ - 3 WTPs, 97 extraction wells, 793 km pipeline, 9 ponds, 22 storage basins, 28 pressure stations.
71. Poseidon Resources, LLC (PEMEX) Various sites in Mexico. CBL/ - 3 Industrial wastewater and water reclamation projects at PEMEX oil refineries.