- H2O Innovation (HEO) has added three new projects to its Water Technologies & Services backlog
- In California, H2O will supply a water reuse system outfitted with an ultrafiltration system and reverse osmosis
- H2O has also been awarded two contracts for two First Nations communities in Canada, one in northern Alberta and one in Quebec
- These two First Nations projects are in line with the Canadian Government’s plan to invest $2.05 billion in water and wastewater-related infrastructure for Indigenous communities across the country
- H2O Innovation is a complete water solutions company
- H2O Innovation Inc. (HEO) is up 2.18 per cent, trading at $2.34 per share
H2O Innovation (HEO) has added three new projects to its Water Technologies & Services backlog, including two with First Nations communities in Canada.
The first is for a major client in Escondido, California, where H2O will supply a water reuse system outfitted with an ultrafiltration system and reverse osmosis.
The system will treat effluent from the existing recycled water system to produce high purity recycled water that will be used for agricultural irrigation.
“Water reuse is critical to the development of a diverse and resilient water supply,” said H2O’s Chief Strategy Officer Gregory Madden.
“With the recent US Infrastructure and Jobs Act set to invest $1 billion in water recycling programs over the next five years,” added Mr. Madden, “we consider being well positioned to be a part of the future of water reuse in North America.”
H2O has also been awarded two contracts for two First Nations communities in Canada, one in northern Alberta and one in Quebec.
The company has agreed to design and supply a membrane bioreactor (MBR) system for the Dene Tha’ First Nation in Alberta. H2O will also provide training for the operations team at the water treatment site.
In Quebec, H2O will design and supply a membrane system treating surface water for a First Nation community located on the north shore of Gouin Reservoir.
The company will also provide a service contract for plant operation.
“We believe in the importance of addressing the water issues of our First Nations communities,” said H2O president and CEO Frederic Dugré.
“Our business model promoting customer care and strong customer retention through premium services, like remote monitoring and training, is a key driver for the success of our First Nations projects,” added Mr. Dugré.
These two First Nations projects are in line with the Canadian Government’s plan to invest $2.05 billion in water and wastewater-related infrastructure for Indigenous communities across the country.
There is still work to do for the remaining 53 long-term drinking water advisories in effect for 34 First Nations communities, and H2O believes that it has the expertise to help solve these issues.
H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers.
H2O Innovation Inc. (HEO) is up 2.18 per cent, trading at $2.34 per share as of 10:20 am ET.
