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QUEBEC CITY, April 05, 2018 -- H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) (TSX-V:HEO) (Alternext:MNEMO:ALHEO) (OTCQX:HEOFF) is proud to announce that Utility Partners, LLC (“UP”), its business line providing operation and maintenance services (“O&M”) in the United States, recently renewed and extended three (3) operation and maintenance contracts, totalling $8.3 M, bringing the Corporation’s O&M business backlog to $68.1 M on March 31st 2018, excluding the projects sales backlog.
Utility Partners renewed two (2) municipal O&M contracts in the Northeast region of the United States and extended the duration of one (1) existing project in California. These three (3) projects have been renewed for additional period of one (1) to five (5) years.
“These renewals signify the outstanding collaborative efforts between Utility Partners and client staff members. The results of these solid relationships are well run facilities, exceeding compliance mandates, as well as efficiencies in operation and maintenance, ensuring cost effectiveness for rate payers”, stated Bill Douglass, Vice-President of the Operation & Maintenance business line of H2O Innovation and Managing Director of Utility Partners.
About H2O Innovation
H2O Innovation designs and provides state-of-the-art, custom-built and integrated water treatment solutions based on membrane filtration technology for municipal, industrial, energy and natural resources end-users. The Corporation’s activities rely on three pillars which are i) water and wastewater projects; ii) specialty products and services, including a complete line of specialty chemicals, consumables, specialized products for the water treatment industry as well as control and monitoring systems; and iii) operation and maintenance services for water and wastewater treatment systems. For more information, visit www.h2oinnovation.com.
About Utility Partners
Utility Partners operates, maintains, and repairs water and wastewater treatment plants, distribution equipment and other water utilities for all of its municipal customers. It currently employs 360 employees for the operation of thirty-six (36) utilities in eight (8) US states, mainly on the US Gulf coast, Southeast, Northeast (New England) and the West Coast. For more information, visit www.utilitypartnersllc.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Alternext Exchange accepts responsibility for the adequacy or accuracy of this release.
Source:
H2O Innovation Inc.
www.h2oinnovation.com
Contact:
Marc Blanchet
+1 418-688-0170
[email protected]
