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Posts tagged as water investments

July 8th, 2010

Renew America’s Water

Since much of the country is experiencing a record-breaking temperatures this summer, it seems like yet another good opportunity to talk about water. While you’re sweating profusely and in desperate need of hydration, think for a moment about the water you’re drinking and how you get it. Even though we have one of the most accessible and safe water systems in the world here in the U.S., it’s falling into a state of disrepair. Many of the individual systems that carry our water are outdated. Old drinking water pipes lose 1.7 trillion gallons of treated water a year, while sewage overflows and storm runoff continue to be a problem. Remember the water main break in Boston recently? We need to turn our attention to how we can prepare our water infrastructure for the future. We need to Renew America’s Water.

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March 5th, 2010

Private Investment Funds Set Their Sights on U.S. Water Systems

JP Morgan Asset Management and Water Asset Management inked a $275 million deal on Wednesday to take over SouthWest Water Company, one of the ten largest water companies in the United States. It strategically positions JP Morgan for additional takeovers of water systems, possibly even municipal ones. Read more…