- H2O Innovation (HEO) has signed a new operation and maintenance service contract and extended an existing contract worth a combined $29.9 million
- Both of the projects are in the state of Texas
- The company’s operation and maintenance backlog has increased by 24 per cent to $156.2 million
- H2O Innovation is a water solutions company focused on providing relevant technologies and services to its customers
- H2O Innovation Inc. (HEO) is up 1.94 per cent and is trading at $2.10 per share as of 11:42 a.m. EST
H2O Innovation (HEO) has just signed a new operation and maintenance service contract and extended an existing contract worth a combined $29.9 million.
Both projects are in the state of Texas and have increased the company’s operation and maintenance backlog by 24 per cent to $156.2 million.
The company has been awarded a three-year operation and maintenance contract for a wholesale water treatment facility in Texas, which began running services earlier this week. The plant treats surface water from the Guadalupe Blanco River and produces six million gallons of potable water for local consumers.
Additionally, the company has renewed its base contract with a client in Texas for a period of five years, starting on January 1st.
Frédéric Dugré, President and CEO of H2O Innovation, commented,
“I am pleased that our continued presence in this industry allowed us to win this important contract… H2O Innovation is committed to investing in and growing its business in this state.”
H2O Innovation is a water solutions company focused on providing relevant technologies and services to its customers. The company’s activities rely on water technologies and services, specialty products, and operation and maintenance.
H2O Innovation Inc. (HEO) is up 1.94 per cent and is trading at $2.10 per share as of 11:42 a.m. EST.