Water Investor’s Monthly August 2024

Water Investor’s Monthly, by Industria Partners, is a review of trends and transactions in water across the U.S., including water rights, storage, transportation infrastructure, and wastewater treatment, services, and equipment.

Chart of the Month: 

Global Safe Drinking Water Hotspots – The Wall Street Journal

Recent Market News:

• The federal government is spending ~$5mm to improve drought monitoring and forecasts in the West to help states, communities and farmers better plan and prepare for droughts. – Wyoming Public Media
• Jas Dale, with Western Kansas Irrigation, is developing a technology to reclaim waters from the CAFO (Concentrated Animal Feeding Operations) divisions and recycle that water back to useful cattle drinking water to help save the water from the Ogallala Aquifer. – 12 News Kansas
• California water officials have adopted landmark rules that will guide future water use and conservation in the state, helping save 500,000 acre-feet of water annually by 2040. – LA Times

Transactions:

• 7/24/24: C&L Water Solutions, an Azuria Water Solutions company, acquired Twin D, a provider of custom solutions for waste and storm water systems. – Trenchless Technology
• 7/12/24: Bowman Consulting Group acquired Element Engineering, a civil, water and wastewater engineering services firm based in Lakewood, Colorado. – Bowman
• 7/10/24: Climate Adaptive Infrastructure announced the closing of a $100mm equity commitment to support the growth of Upwell Water’ s water and wastewater utility platform. – CAI
• 7/10/24: Post Oak Energy Capital and Genesis Park sold Layne Water Midstream, a provider of water collection and recycling services to upstream oil and gas companies, to an undisclosed buyer. – Genesis Park

Deep Dive:
Five Water Tech Startups To Watch, According To Our Data – Net Zero Insights

Other Media:
Answering Ten Burning Questions About the Private Water Industry – The Future of Water
 

Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients.