- H2O Innovation (HEO) wins $7.9 M of new water and wastewater projects
- The combined worth comes to $7.9 M, which brings the WTS backlog to a total of $40.4 M
- Two are in Texas, and one customer is in the state of Wisconsin
- The first is for Georgetown, Texas, a municipality client, and the last two will be for industrial clients
- H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers
- H2O Innovation (HEO) is up 3.43 per cent, trading at C$2.11 at 10:30 am ET
H2O Innovation’s (HEO) Water Technologies & Services business (WTS) line has recently been awarded three new water and wastewater treatment projects.
The company is thrilled by the value the projects will bring. The combined worth comes to $7.9 M, which brings the WTS backlog to $40.4 M.
Gregory Madden, Chief Strategy Officer of H2O Innovation, speaks to the importance of these three projects, “They allow the team to employ our engineering expertise and our unique designs while delivering complete solutions to our customers for all kinds of applications.”
The first of the three involves replacing municipal drinking water that uses ultrafiltration in Georgetown, Texas. A pilot project was completed around this around a year ago.
According to the company’s initial assessment, the system lacked the flexibility that the city required.
H2O Innovation’s open-platform FiberFlexTM technology was able to fix this problem.
The second project is a double-pass reverse osmosis (RO) system which gives boiler make-up water to this industrial customer in Wisconsin.
The last and final project was for an industrial client in Texas. The company will be using a membrane bioreactor (MBR) system for this particular project.
“The team has transformed over the past few years, which has led to these recent successes,” added Madden.
H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers.
H2O Innovation (HEO) is up 3.43 per cent, trading at C$2.11 at 10:30 am ET.