Much needed investment in utility infrastructure is driving investment in the U.S. water & wastewater sectors. Established investor-owned utility companies - and a host of potential outside financial investors- are refining their strategies to expand or develop their positions in U.S water utility asset ownership and operations.
This new report is essential for companies looking to evaluate opportunities and strategies to invest in the U.S. municipal water & wastewater utilities sectors.
Scaling regulatory and financial stresses are overwhelming municipal and private owners. Bluefield's team has analyzed more than 78,000 community systems to zero-in on potentially at-risk utilities. Our in-depth review of EPA violations, state revolving fund requests, requests for loan forgiveness and state policies, coupled with M&A data, highlights the addressable market of stressed water systems.
Report sections include:
- The U.S. Water & Wastewater Utility Landscape
- Investor-Owned Utility Market Landscape
- Sizing the Addressable Market for Private Investment
- State Profiles
- Investor-Owned Utility Profiles
American States - American Water Works - Aqua America - Aquarion Group - Artesian Resources - California Water Service - Connecticut Water - Corix Utilities - EPCOR - Global Water Resources - Great Oaks Water - Johnson Utilities - Liberty Utilities - Middlesex Water - Park Water - San Gabriel Valley Water - San Jose Water - Southwest Water - Suez - Utilities Inc. - York Water
Table of Contents
SECTION 1: The U.S. Water & Wastewater Utility Landscape
- Local Government Water and Wastewater Investment Levels Stalled
- Water and Wastewater Monthly Bills for U.S. Cities, 2012-2017
- State Revolving Fund Requests Indicate Scarcities in Funding Resources
- EPA Violations Trigger System Evaluations
- Segmenting U.S. Water and Wastewater Systems
- State Revolving Fund Requests Across the U.S.
- Systems with Serious Compliance Violations
- Private Ownership of Water Systems by State
SECTION 2: Investor-Owned Utility Market Landscape
- Identifying Channels to Market Entry
- Addressing Private Water Hurdles the To Closing Investment Gap
- Increasing Number of States Enact Fair Market Value Legislation
- Large-Scale IOUs Compete Over Market Share in Several High-Profile States
- Market Share Breakdown Shows Dominance of Large Players
- Market Share Positioning of Large-Scale IOUs
- Recent Outsider Market Entries into the Water Sector
- Market Pulse: Q1 2014 -- Q2 2017
- H1 2017: Private Water M&A Deals
- Purchasing Price per Connection
- Deal Flow by State
- IOUs Target Military Water Contracts
SECTION 3: Sizing the Addressable Market
- Research Methodology
- Addressable Market: Top-Level Breakdown
- Addressable Market: Systems with State Revolving Fund Requests
- Addressable Market: Systems with Serious EPA Violations
- Addressable Market: Distressed Systems
SECTION 4: State Profiles
- 20 Companies
- Company Background & Positioning
- Company Ownership Structure
- Regulated Business Geographic Footprint
- Recent M&A
- Portfolio Evolution
SECTION 5: IOU Profiles
- 50 States
- System Size Breakdown (Population Served)
- Number of Water Systems
- Number of Wastewater Systems
- Recent M&A
- Addressable Market & Compliance Status Select Companies Mentioned
- American Water Works Company Inc.
- American States Water
- Aqua America
- Aquarion Group
- Artesian Resources
- California Water Service Group
- Connecticut Water
- Corix Utilities
- EPCOR Utilities Inc.
- Global Water Resources
- Great Oaks Water Co.
- Johnson Utilities
- Liberty Utilities
- Middlesex Water
- Park Water Company
- San Gabriel Valley Water Co.
- San Jose Water
- Southwest Water Company
- Utilities, Inc.
- York Water