To mitigate the effects of climate change and years of drought, California plans to double the amount of recycled water produced in the state by 2040 – but is producing more water enough? There’s a rising trend of building energy recovery facilities in wastewater facilities to reduce the reliance on existing utility providers and powering the plant with biogas generated from sludge processing and co-digestion of organic waste diverted from landfills. Are energy recovery facilities a passing trend, or are they the future of clean water in California? …
On November 29, 2012, financial closing was achieved on a 30 year concession relating to the water and wastewater facilities of the City of Rialto, California. The agreement, which had been executed in March 2012, is among Rialto Water Services, LLC, the single purpose vehicle set up by Table Rock Capital as the project sponsor, the City of Rialto and the Rialto Utility Authority.
The approximately $175 million transaction is being bond financed through a private placement and an approximately $26 million equity contribution. The concession agreement provides for approximately ...
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