Water- Stocks.com Interview with Jud Hill, Managing Partner, Summit Global Management Inc.
The Case for Water Equity Investing 2010
Point Roberts WA, DELTA, BC –December 2, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents an interview with Jud Hill, Managing Partner, Summit Global Management, Inc., discussing ‘The Case for Water Equity Investing 2010’.
Summit Global Management, Inc. is an investment firm focusing on global water industry stocks and acquiring and developing water rights and entitlements throughout the world.
Water- Stocks.com Interview with Jud Hill, Managing Partner, Summit Global Management, Inc:
Q- Dawn Van Zant at Water-stocks.com
Jud, can you start with giving our readers some personal background on your entry into the water sector and your current firm, Summit Global and its investment strategy?
A- Jud Hill, Managing Partner, Summit Global Management, Inc.
I have been in the cleantech sector, particularly water, for 30 years…long before it was cool. I spent the first half of my career operating clean tech concerns at both Westinghouse and Atlantic Richfield as well taking a cleantech company, Thermatrix, public in the mid nineties. The second half of my career has transitioned to financial areas serving as the Managing Director of HSBC Securities focused on the water sector to the last 10 years in private equity with affiliates of the Texas Pacific Group, including Aqua LLC, a private equity fund focused exclusively in the global water sector.
Summit Global Management is a San Diego-based investment management firm with a strict Discount to Appraised Value philosophy of securities selection, designed to achieve consistent long-term returns while minimizing risk.
Our value discipline has encouraged an unrivaled, 30-year specialization in global hydro commerce and other industries directly impacted by water. Water has historically proven to be an attractive non-cyclical opportunity, and the current reality of exploding demand coupled with diminishing supplies suggests an increasingly compelling and persistent investment theme. We are particularly focused on finding long term investments in the areas of water rights/entitlements and in situ water storage.
Q- Dawn Van Zant at Water-stocks.com
You recently chaired the panel,' EMERGING ASSET CLASSES: WATER, CARBON AND THE GREEN MOVEMENT 'at the Global Financial Leadership Conference held in Naples Florida. Other noted green and cleantech speakers included T. Boone Pickens, Chairman, BP Capital Management discussing 'THE NEW ENERGY PARADIGM'. Can you give is the key points of your panel discussion- and did you walk away with any new insight?
A- Jud Hill, Managing Partner, Summit Global Management, Inc.
Sure, it was a very interesting panel. I think it was the first time that many of leaders in the global financial community had heard any in depth discussion regarding how critical a role water plays in global economies and how inexorably water and energy are tied together, For example, as we begin to dramatically ramp up biofuels as an alternative fuel source, we are only now beginning to appreciate that impact some of these alternatives (e.g. corn based ethanol) are having on water supplies. For example, it requires 100 times more water to produce a gallon of ethanol versus conventional gasoline and depending on the region can cause dramatic consequences relative to maintaining a sustainable water resource…let alone its impact of food pricing.
Another enlightening example is contrasting and comparing “peak energy” to “peak water”. Peak energy albeit important to national security and global economies there ultimately are substitutes to fossil fuels (e.g. nuclear, solar wind); however, water has no substitute and is a very local commodity. When an aquifer is pumped essentially dry and surface waters are dramatically depleted and/or contaminated the price of water will rise dramatically and not only will economies be affected but there may be dramatic impacts on human health effecting food supplies and access to clean water and sanitation.
The water/energy nexus has other important parallels, another example being, as we strive to reduce carbon footprints and conserve carbon, California uses over 20% of its energy to move water and in many areas, due to antiquated water lines as much as 30% of the potable water is lost thru infiltration. Simply said, if we want to save energy, we need to fix the water infrastructure.
As a consequence, water is only now beginning to be appreciated as an asset class, creating investment interest in owning the right to use water (e.g. water rights/entitlements) in those areas of the world that have defined regulatory frameworks and provide for private ownership, principally the western United States and Australia. This is sometimes referred to as “wet water” versus investing in the general water domain (e.g., pumps, membranes, utilities) or “hydro commerce”. Water has historically been under priced and with an inexorable growing demand and more rational pricing models being adopted I believe “wet water” will be a critical resource to have in a diversified investment portfolio.
Q- Dawn Van Zant at Water-stocks.com
In Summit's report, 'The Case for Water Equity Investing 2010' , (http://www.summitglobal.com/documents/SummitCaseWaterEquityInvesting2010.pdf) you go through the underlying drivers for investing in water , from supply and demand to, to geographic imbalance between sources and use, to aging and insufficient infrastructure to increasing regulation and heightened awareness . For our readers, can you summarize the points and let us know what you think the most significant driving force is?
A- Jud Hill, Managing Partner, Summit Global Management, Inc.
There are a number of key trends to watch. First and foremost is the basic understanding that water has no substitute.., unlike energy. and there is a fixed finite supply (only 2.5% of the worlds water supply is fresh and of that 70% is locked up in glaciers and permafrost). Secondly, water is heavy (7lbs/gal) and is very expensive to move and not surprising there are large populations where fresh water is in short supply (e.g. middle east, western US, China and India).
So like politics, water is local… and therefore not surprisingly very political and emotional asset. Accordingly that leads to water allocation and prioritization. Typically 70% of water supplies are allocated to agriculture with the balance going to municipal and industrial uses. And finally, as in any valued commodity, the controlling metric is price. As the price of water rises, which it is at an increasing rate, alternative options become cost effective, driving investment and opportunity.
These opportunities can be seen in a variety of areas. A few examples include the proliferation of desalination plants and membrane improvements, remote metering and more efficient irrigation techniques such as drip irrigation.
The other key trend to watch is what is being referred to as “virtual water”…the amount of water that is required to produce a specific good. For example, it takes 5,000 gallons of water to yield a bushel of wheat and 1000 gallons of water to put a hamburger on a bun. We are beginning to see both industries and countries consider the impacts of virtual water as a key component of sustainable development and growth,
Q- Dawn Van Zant at Water-stocks.com
Your report also goes into detail on the opportunities in the water investing universe. For investors looking at the sector - what are some key trends and events they need to be on the watch for to really move the stocks in the sector?
A- Jud Hill, Managing Partner, Summit Global Management, Inc.
We see strong fundamental drivers for sustainable growth and equity appreciation in global
“hydrocommerce,” investors have the opportunity today to invest in water companies at more attractive
valuations than have been available for a number of years.
Despite the negative short-term impact of the financial crisis, water equities are uniquely resistant to external economic cycles because of the decreasingly available supply and increasingly relentless demand for water. We believe water stocks represent an attractive alternative “store of value” in an uncertain world – a good place to save money for a rainy day.
The lure of water investing is not a new idea, but it is one that deserves fresh examination from the
perspective of the revised business expectations and new economic environment to emerge from the
wreckage of 2008. The intention of this document is not to promote a specific investment style or strategy,
only to be a broad overview of issues relevant to the serious investor in water equities.
People new to the concept of water investing are encouraged to read The Case for Water Equity Investing
2010 in its entirety in order to gain a complete understanding of the space, from its most fundamental
aspects on up.
In summary, it’s difficult to summarize in a few words other than providing some anecdotal metrics and examples. I would encourage your readers to take a few minutes and click thru to the link http://www.summitglobal.com/documents/SummitCaseWaterEquityInvesting2010.pdf I think they will find the information enlightening.
More info:
Conference info: http://www.gflc.com/
About Water-stocks.com
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Visit the Investorideas.com and Water Stocks Marketplace water opportunities for business and investors:
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Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews.
Investors researching global water stocks can now purchase the Water Stocks Directory individually in a PDF format for $24.95. The water stocks directory was previously only available as part of the Investorideas.com premium membership. Investorideas.com has broken down several of the stock directories and made them available to investors that are avid fans of specific sectors.
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at
http://www1.investorideas.com/NewsUploader/Default.aspx.
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
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For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Wednesday, December 2, 2009
Tuesday, December 1, 2009
Water Stocks News - Nalco (NYSE:NLC) Announces Early Redemption of $190 Million of 2011 Senior Notes
Water Stocks News - Nalco (NYSE:NLC) Announces Early Redemption of $190 Million of 2011 Senior Notes
NAPERVILLE, Ill., Nov. 30, 2009 -- Nalco Holding Company (NYSE:NLC), providing essential expertise for water, energy, and air, today announced that its wholly-owned subsidiary, Nalco Company, is calling for redemption of the remainder of its U.S. dollar-denominated 7.75% Senior Notes due in November of 2011. The redemption is being done at the par value of $190 million utilizing cash on hand, and is effective Dec. 28, 2009.
"We have generated record Free Cash Flow this year, and retiring this debt early is consistent with the company's stated intentions of reducing its leverage," said Bradley J. Bell, Executive Vice President and Chief Financial Officer. "This action will save almost $15 million in annual interest expense and is more attractive than retiring the lower interest rate $167-million Term Loan B maturity of November 2010. We expect that future cash flow and other resources will be sufficient to satisfy that obligation on schedule, further de-levering our balance sheet," added Bell.
Addressing the higher cost debt first in this manner was made possible through a recently arranged set of amendments to Nalco's credit agreements. Among other features, those amendments also permit additional secured debt to be issued to call the Euro 200 million tranche of Nalco's 7.75% Senior Notes, otherwise due 2011, which could be expected to provide additional savings in interest expense.
About Nalco
Nalco is the world's leading water treatment and process improvement company, delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability World Index. More than 11,500 Nalco employees operate in 130 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2008, Nalco achieved sales of more than $4.2 billion. For more information visit www.nalco.com.
This news release includes forward-looking statements, reflecting current analysis and expectations, based on what are believed to be reasonable assumptions. Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from those projected, stated or implied, depending on many factors, including, without limitation: ability to generate cash, ability to raise capital, ability to refinance, the result of the pursuit of strategic alternatives, ability to execute work process redesign and reduce costs, ability to execute price increases, business climate, business performance, economic and competitive uncertainties, higher manufacturing costs, reduced level of customer orders, changes in strategies, risks in developing new products and technologies, environmental and safety regulations and clean-up costs, foreign exchange rates, the impact of changes in the regulation or value of pension fund assets and liabilities, changes in generally accepted accounting principles, adverse legal and regulatory developments, including increases in the number or financial exposures of claims, lawsuits, settlements or judgments, or the inability to eliminate or reduce such financial exposures by collecting indemnity payments from insurers, the impact of increased accruals and reserves for such exposures, weather-related factors, and adverse changes in economic and political climates around the world, including terrorism and international hostilities, and other risk factors identified by the Company. Accordingly, there can be no assurance that the Company will meet future results, performance or achievements expressed or implied by such forward-looking statements. This paragraph is included to provide safe harbor for forward-looking statements, which are not generally required to be publicly revised as circumstances change, and which the Company does not intend to update.
Investors researching global water stocks can now purchase the Water Stocks Directory individually in a PDF format for $24.95. The water stocks directory was previously only available as part of the Investorideas.com premium membership. Investorideas.com has broken down several of the stock directories and made them available to investors that are avid fans of specific sectors.
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at
http://www1.investorideas.com/NewsUploader/Default.aspx.
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
NAPERVILLE, Ill., Nov. 30, 2009 -- Nalco Holding Company (NYSE:NLC), providing essential expertise for water, energy, and air, today announced that its wholly-owned subsidiary, Nalco Company, is calling for redemption of the remainder of its U.S. dollar-denominated 7.75% Senior Notes due in November of 2011. The redemption is being done at the par value of $190 million utilizing cash on hand, and is effective Dec. 28, 2009.
"We have generated record Free Cash Flow this year, and retiring this debt early is consistent with the company's stated intentions of reducing its leverage," said Bradley J. Bell, Executive Vice President and Chief Financial Officer. "This action will save almost $15 million in annual interest expense and is more attractive than retiring the lower interest rate $167-million Term Loan B maturity of November 2010. We expect that future cash flow and other resources will be sufficient to satisfy that obligation on schedule, further de-levering our balance sheet," added Bell.
Addressing the higher cost debt first in this manner was made possible through a recently arranged set of amendments to Nalco's credit agreements. Among other features, those amendments also permit additional secured debt to be issued to call the Euro 200 million tranche of Nalco's 7.75% Senior Notes, otherwise due 2011, which could be expected to provide additional savings in interest expense.
About Nalco
Nalco is the world's leading water treatment and process improvement company, delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability World Index. More than 11,500 Nalco employees operate in 130 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2008, Nalco achieved sales of more than $4.2 billion. For more information visit www.nalco.com.
This news release includes forward-looking statements, reflecting current analysis and expectations, based on what are believed to be reasonable assumptions. Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from those projected, stated or implied, depending on many factors, including, without limitation: ability to generate cash, ability to raise capital, ability to refinance, the result of the pursuit of strategic alternatives, ability to execute work process redesign and reduce costs, ability to execute price increases, business climate, business performance, economic and competitive uncertainties, higher manufacturing costs, reduced level of customer orders, changes in strategies, risks in developing new products and technologies, environmental and safety regulations and clean-up costs, foreign exchange rates, the impact of changes in the regulation or value of pension fund assets and liabilities, changes in generally accepted accounting principles, adverse legal and regulatory developments, including increases in the number or financial exposures of claims, lawsuits, settlements or judgments, or the inability to eliminate or reduce such financial exposures by collecting indemnity payments from insurers, the impact of increased accruals and reserves for such exposures, weather-related factors, and adverse changes in economic and political climates around the world, including terrorism and international hostilities, and other risk factors identified by the Company. Accordingly, there can be no assurance that the Company will meet future results, performance or achievements expressed or implied by such forward-looking statements. This paragraph is included to provide safe harbor for forward-looking statements, which are not generally required to be publicly revised as circumstances change, and which the Company does not intend to update.
Investors researching global water stocks can now purchase the Water Stocks Directory individually in a PDF format for $24.95. The water stocks directory was previously only available as part of the Investorideas.com premium membership. Investorideas.com has broken down several of the stock directories and made them available to investors that are avid fans of specific sectors.
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at
http://www1.investorideas.com/NewsUploader/Default.aspx.
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Sunday, November 29, 2009
Government of Canada Invests in Clean Water Technology
Government of Canada Invests in Clean Water Technology
KINGSTON, ONTARIO--- Nov. 26, 2009 - A technology that will greatly reduce the time and cost involved in testing our water for potentially dangerous pathogens is moving closer to commercialization, thanks in part to funding from Sustainable Development Technology Canada (SDTC), an arm's-length, not-for-profit corporation created by the Government of Canada.
"By investing in Canadian technologies such as Pathogen Detection Systems' clean water technology, our Government is helping to stimulate a new green economy in Canada, creating jobs and helping to protect the environment," said David Anderson, Parliamentary Secretary to the Minister of Natural Resources and for the Canadian Wheat Board.
SDTC, through its SD Tech FundTM, has committed $2.4 million to a project led by Kingston-based Pathogen Detection Systems Inc. for the development and demonstration of its portable, on-site, high-speed, fully automated microbiological water monitoring system to detect E. Coli and Total Coliforms in water. This funding was approved by SDTC's Board of Directors in June 2008.
"Pathogen Detection Systems' water monitoring system is a great example of a clean technology solution to a problem that affects all of us," said SDTC President and CEO Vicky Sharpe. "An alternative to the current slow, cumbersome water monitoring methods, this technology will help Canadian water utilities to get timely and more accurate water quality analysis, ensuring access to clean water while reducing testing costs," said Ms. Sharpe.
"This SDTC funding will have a significant positive impact on the planned expansion of Pathogen Detection Systems," said Pathogen Detection Systems President David Dolphin. "Our goal is to take this Canadian technology to the world".
Through its SDTC funded project, Pathogen Detection Systems will integrate its microbiological water monitoring system with sophisticated water treatment optimization software, reducing time by 50 to 80 %, reducing costs and improving test integrity. This will bring both water and greenhouse gas environmental benefits by improving water plant performance, reducing energy consumption and decreasing toxic water treatment by-products.
About SDTC
Sustainable Development Technology Canada (SDTC) is an arm's-length foundation created by the Government of Canada which has received $1.05 billion as part of the Government's commitment to create a healthy environment and a high quality of life for all Canadians.
SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech FundTM supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels FundTM supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.
SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.
About Pathogen Detection Systems
The PDS mission is to have a worldwide impact on public safety and the quality of the environment by developing advanced, automated systems for the detection of potentially harmful pathogens, such as bacteria, chemicals, and their by-products.
PDS was founded in 2003 to commercialize a novel method of automating microbiological testing based on research and development conducted at Queen's University in conjunction with a number of industrial partners. This research was inspired by the Walkerton water tragedy in which 7 people died, and thousands fell ill due to E.coli contamination of the water supply. Headquartered in Kingston, Ontario, Canada, PDS was acquired by Veolia Water Solutions & Technologies (VWS) in early 2009. PDS's expertise in water monitoring technologies, spectrophotometry and synthetic chemistry is now supported by the resources and technologies of the world's leading water treatment company.
About Veolia Water Solutions & Technologies
VWS, the world leader in water treatment, is a specialized provider of technological solutions and design-build services to meet the needs of public authorities and industrial companies. It is a fully-owned subsidiary of Veolia Water, the global leader in water services. With 8,900 employees worldwide, VWS recorded revenues of $ 3.7 billion (USD) in 2008.
For more information, please contact
SDTCPatrice BretonDirector, Communications 613-234-6313 613-234-6313 media@sdtc.ca
_______________________________________________________________
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews. The recent interview, Water-Stocks.com Interview with Bill Brennan, Brennan Investment Partners LLC Discusses Investing in Global Water Equities 2009 & Beyond, was one of the most read articles on the site.
Investors researching global water stocks can now purchase the Water Stocks Directory individually in a PDF format for $24.95. The water stocks directory was previously only available as part of the Investorideas.com premium membership. Investorideas.com has broken down several of the stock directories and made them available to investors that are avid fans of specific sectors.
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at http://www1.investorideas.com/NewsUploader/Default.aspx
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
KINGSTON, ONTARIO--- Nov. 26, 2009 - A technology that will greatly reduce the time and cost involved in testing our water for potentially dangerous pathogens is moving closer to commercialization, thanks in part to funding from Sustainable Development Technology Canada (SDTC), an arm's-length, not-for-profit corporation created by the Government of Canada.
"By investing in Canadian technologies such as Pathogen Detection Systems' clean water technology, our Government is helping to stimulate a new green economy in Canada, creating jobs and helping to protect the environment," said David Anderson, Parliamentary Secretary to the Minister of Natural Resources and for the Canadian Wheat Board.
SDTC, through its SD Tech FundTM, has committed $2.4 million to a project led by Kingston-based Pathogen Detection Systems Inc. for the development and demonstration of its portable, on-site, high-speed, fully automated microbiological water monitoring system to detect E. Coli and Total Coliforms in water. This funding was approved by SDTC's Board of Directors in June 2008.
"Pathogen Detection Systems' water monitoring system is a great example of a clean technology solution to a problem that affects all of us," said SDTC President and CEO Vicky Sharpe. "An alternative to the current slow, cumbersome water monitoring methods, this technology will help Canadian water utilities to get timely and more accurate water quality analysis, ensuring access to clean water while reducing testing costs," said Ms. Sharpe.
"This SDTC funding will have a significant positive impact on the planned expansion of Pathogen Detection Systems," said Pathogen Detection Systems President David Dolphin. "Our goal is to take this Canadian technology to the world".
Through its SDTC funded project, Pathogen Detection Systems will integrate its microbiological water monitoring system with sophisticated water treatment optimization software, reducing time by 50 to 80 %, reducing costs and improving test integrity. This will bring both water and greenhouse gas environmental benefits by improving water plant performance, reducing energy consumption and decreasing toxic water treatment by-products.
About SDTC
Sustainable Development Technology Canada (SDTC) is an arm's-length foundation created by the Government of Canada which has received $1.05 billion as part of the Government's commitment to create a healthy environment and a high quality of life for all Canadians.
SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech FundTM supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels FundTM supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.
SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.
About Pathogen Detection Systems
The PDS mission is to have a worldwide impact on public safety and the quality of the environment by developing advanced, automated systems for the detection of potentially harmful pathogens, such as bacteria, chemicals, and their by-products.
PDS was founded in 2003 to commercialize a novel method of automating microbiological testing based on research and development conducted at Queen's University in conjunction with a number of industrial partners. This research was inspired by the Walkerton water tragedy in which 7 people died, and thousands fell ill due to E.coli contamination of the water supply. Headquartered in Kingston, Ontario, Canada, PDS was acquired by Veolia Water Solutions & Technologies (VWS) in early 2009. PDS's expertise in water monitoring technologies, spectrophotometry and synthetic chemistry is now supported by the resources and technologies of the world's leading water treatment company.
About Veolia Water Solutions & Technologies
VWS, the world leader in water treatment, is a specialized provider of technological solutions and design-build services to meet the needs of public authorities and industrial companies. It is a fully-owned subsidiary of Veolia Water, the global leader in water services. With 8,900 employees worldwide, VWS recorded revenues of $ 3.7 billion (USD) in 2008.
For more information, please contact
SDTCPatrice BretonDirector, Communications 613-234-6313 613-234-6313 media@sdtc.ca
_______________________________________________________________
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews. The recent interview, Water-Stocks.com Interview with Bill Brennan, Brennan Investment Partners LLC Discusses Investing in Global Water Equities 2009 & Beyond, was one of the most read articles on the site.
Investors researching global water stocks can now purchase the Water Stocks Directory individually in a PDF format for $24.95. The water stocks directory was previously only available as part of the Investorideas.com premium membership. Investorideas.com has broken down several of the stock directories and made them available to investors that are avid fans of specific sectors.
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at http://www1.investorideas.com/NewsUploader/Default.aspx
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Wednesday, November 25, 2009
Investorideas.com Top 10 Investor Searches, Water Stocks Takes the Lead, Followed by Natural Gas and Renewable Energy
Investorideas.com Top 10 Investor Searches, Water Stocks Takes the Lead, Followed by Natural Gas and Renewable Energy
Search for Water Stocks May be attributed to new report on water scarcity
POINT ROBERTS, Wash., Delta, B.C.–November 25, 2009 - www.InvestorIdeas.com, a global investor research portal announces this week’s top ten search phrases from inbound investors.
Water Stocks took the lead this week for the first time in months, followed by Natural Gas Stocks and Renewable Energy Stocks.
The inbound search for water stocks may have been partially attributed to a news and a report issued this week on water entitled – ‘New report shows water scarcity can be mitigated affordably and sustainably’.
November 23, 2009 - A new report released today by the 2030 Water Resources Group, Charting Our Water Future, shows that growing water scarcity can be mitigated affordably and sustainably. By providing greater clarity on the scale of the water challenge and the cost of the solutions, it offers a fact-based tool to help stakeholders make informed investment decisions and guide policy discussions. It finds that if no action is taken, by 2030, projected population and economic growth will lead to global water demand that is 40% in excess of current supply. In addition, this means that one-third of the world's population would have access to only half the water they need, living in water basins with a 50% deficit in supply. Full news story.
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews. The recent interview, Water-Stocks.com Interview with Bill Brennan, Brennan Investment Partners LLC Discusses Investing in Global Water Equities 2009 & Beyond, was one of the most read articles on the site.
The Top 10 Investor Search List is featured on Investorideas.com home page and is updated each Wednesday for investors to review.
1. Water stocks - Visit the Water Stocks Directory- Research Water Stocks
2. Natural gas stocks - Visit the Natural Gas Stocks Directory: Research Natural Gas stocks
3. Renewable energy stocks - Visit the Renewable Energy Stocks Directory- Research Green Stocks
4. Gold mining stocks - Visit the stocks Mining Stocks Directory – Research global mining stocks on TSX, ASX, OTC, NASDAQ and more
5. Natural gas news 6. Renewable energy companies 7. Green energy stocks 8. Gold stocks
9. Green energy companies 10. Gold mining companies
See our complete list of stock directories by sector at Investor Ideas and research stocks in each sector.
Investors researching global water stocks can now purchase the Water Stocks Directory individually in a PDF format for $24.95. The water stocks directory was previously only available as part of the Investorideas.com premium membership. Investorideas.com has broken down several of the stock directories and made them available to investors that are avid fans of specific sectors.
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at
http://www1.investorideas.com/NewsUploader/Default.aspx.
The Investorideas.com Water Stocks Index - Published at www.investinwhoyouare.com
Index based on 9 water stocks from the global water stocks directory at www.Investorideas.com and www.water-stocks.com.
www.Water-Stocks.com, an investor portal within the InvestorIdeas.com content umbrella, offers water investors sector- close- ups, research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets. Investorideas.com and water –stocks.com work with private companies in the water space seeking funding and joint ventures through the global marketplace.
Investors are also reminded to sign up for the launch of the new free investor newsletter – the next great investor idea! Investors can sign up for the new free newsletter on the pop- up box on the home page of www.investorideas.com or the newsletter sign up page.
Investorideas.com Members- access to our best stock directories in leading sectors: renewable energy stocks, water stocks, fuel cell stocks, natural gas stocks, defense stocks, biotech stocks and coming soon – oil and gas stocks .
As an added bonus, members can access the Insiders Corner by Michael Brush.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Join Today – Become an Investor Ideas Member
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Search for Water Stocks May be attributed to new report on water scarcity
POINT ROBERTS, Wash., Delta, B.C.–November 25, 2009 - www.InvestorIdeas.com, a global investor research portal announces this week’s top ten search phrases from inbound investors.
Water Stocks took the lead this week for the first time in months, followed by Natural Gas Stocks and Renewable Energy Stocks.
The inbound search for water stocks may have been partially attributed to a news and a report issued this week on water entitled – ‘New report shows water scarcity can be mitigated affordably and sustainably’.
November 23, 2009 - A new report released today by the 2030 Water Resources Group, Charting Our Water Future, shows that growing water scarcity can be mitigated affordably and sustainably. By providing greater clarity on the scale of the water challenge and the cost of the solutions, it offers a fact-based tool to help stakeholders make informed investment decisions and guide policy discussions. It finds that if no action is taken, by 2030, projected population and economic growth will lead to global water demand that is 40% in excess of current supply. In addition, this means that one-third of the world's population would have access to only half the water they need, living in water basins with a 50% deficit in supply. Full news story.
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews. The recent interview, Water-Stocks.com Interview with Bill Brennan, Brennan Investment Partners LLC Discusses Investing in Global Water Equities 2009 & Beyond, was one of the most read articles on the site.
The Top 10 Investor Search List is featured on Investorideas.com home page and is updated each Wednesday for investors to review.
1. Water stocks - Visit the Water Stocks Directory- Research Water Stocks
2. Natural gas stocks - Visit the Natural Gas Stocks Directory: Research Natural Gas stocks
3. Renewable energy stocks - Visit the Renewable Energy Stocks Directory- Research Green Stocks
4. Gold mining stocks - Visit the stocks Mining Stocks Directory – Research global mining stocks on TSX, ASX, OTC, NASDAQ and more
5. Natural gas news 6. Renewable energy companies 7. Green energy stocks 8. Gold stocks
9. Green energy companies 10. Gold mining companies
See our complete list of stock directories by sector at Investor Ideas and research stocks in each sector.
Investors researching global water stocks can now purchase the Water Stocks Directory individually in a PDF format for $24.95. The water stocks directory was previously only available as part of the Investorideas.com premium membership. Investorideas.com has broken down several of the stock directories and made them available to investors that are avid fans of specific sectors.
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at
http://www1.investorideas.com/NewsUploader/Default.aspx.
The Investorideas.com Water Stocks Index - Published at www.investinwhoyouare.com
Index based on 9 water stocks from the global water stocks directory at www.Investorideas.com and www.water-stocks.com.
www.Water-Stocks.com, an investor portal within the InvestorIdeas.com content umbrella, offers water investors sector- close- ups, research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets. Investorideas.com and water –stocks.com work with private companies in the water space seeking funding and joint ventures through the global marketplace.
Investors are also reminded to sign up for the launch of the new free investor newsletter – the next great investor idea! Investors can sign up for the new free newsletter on the pop- up box on the home page of www.investorideas.com or the newsletter sign up page.
Investorideas.com Members- access to our best stock directories in leading sectors: renewable energy stocks, water stocks, fuel cell stocks, natural gas stocks, defense stocks, biotech stocks and coming soon – oil and gas stocks .
As an added bonus, members can access the Insiders Corner by Michael Brush.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Join Today – Become an Investor Ideas Member
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Monday, November 23, 2009
Water Stocks RSS News Feed and Water Stocks Directory in PDF For Investors Following Water Stocks
Water Stocks RSS News Feed and Water Stocks Directory in PDF For Investors Following Water Stocks
www.Water-Stocks.com, an investor and industry portal for the water sector within www.Investorideas.com, features investing in water tools for investors.
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews.
Investors researching global water stocks can now purchase the Water Stocks Directory individually in a PDF format for $24.95. The water stocks directory was previously only available as part of the Investorideas.com premium membership. Investorideas.com has broken down several of the stock directories and made them available to investors that are avid fans of specific sectors.
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at
http://www1.investorideas.com/NewsUploader/Default.aspx.
The Investorideas.com Water Stocks Index - Published at www.investinwhoyouare.com
Index based on 9 water stocks from the global water stocks directory at www.Investorideas.com and www.water-stocks.com.
www.Water-Stocks.com, an investor portal within the InvestorIdeas.com content umbrella, offers water investors sector- close- ups, research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets. Investorideas.com and water –stocks.com work with private companies in the water space seeking funding and joint ventures through the global marketplace.
Investors are also reminded to sign up for the launch of the new free investor newsletter – the next great investor idea! Investors can sign up for the new free newsletter on the pop- up box on the home page of www.investorideas.com or the newsletter sign up page.
Featured Water Stock Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc Showcase Profile Page
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
About Investars
www.investinwhoyouare.com is owned by Investars
Investars is dedicated to helping investors enhance investment performance through innovative supply chain management tools, indexing and structured products, as well as unique media content. Our clients benefit from customized analytics designed to help them identify alpha generating investment ideas according to their own investment style and risk tolerance levels.
About us
Visit the Investorideas.com Marketplace for water opportunities for business and investors
InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
www.Water-Stocks.com, an investor and industry portal for the water sector within www.Investorideas.com, features investing in water tools for investors.
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews.
Investors researching global water stocks can now purchase the Water Stocks Directory individually in a PDF format for $24.95. The water stocks directory was previously only available as part of the Investorideas.com premium membership. Investorideas.com has broken down several of the stock directories and made them available to investors that are avid fans of specific sectors.
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at
http://www1.investorideas.com/NewsUploader/Default.aspx.
The Investorideas.com Water Stocks Index - Published at www.investinwhoyouare.com
Index based on 9 water stocks from the global water stocks directory at www.Investorideas.com and www.water-stocks.com.
www.Water-Stocks.com, an investor portal within the InvestorIdeas.com content umbrella, offers water investors sector- close- ups, research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets. Investorideas.com and water –stocks.com work with private companies in the water space seeking funding and joint ventures through the global marketplace.
Investors are also reminded to sign up for the launch of the new free investor newsletter – the next great investor idea! Investors can sign up for the new free newsletter on the pop- up box on the home page of www.investorideas.com or the newsletter sign up page.
Featured Water Stock Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc Showcase Profile Page
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
About Investars
www.investinwhoyouare.com is owned by Investars
Investars is dedicated to helping investors enhance investment performance through innovative supply chain management tools, indexing and structured products, as well as unique media content. Our clients benefit from customized analytics designed to help them identify alpha generating investment ideas according to their own investment style and risk tolerance levels.
About us
Visit the Investorideas.com Marketplace for water opportunities for business and investors
InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Water Stocks News - SJW Corp. (NYSE:SJW) Announces Approval by the California Public Utilities Commission of Increase in Rates for San Jose Water Com
Water Stocks News - SJW Corp. (NYSE:SJW) Announces Approval by the California Public Utilities Commission of Increase in Rates for San Jose Water Company
SAN JOSE, Calif.----SJW Corp. (NYSE:SJW) today reported that on November 20, 2009, the California Public Utilities Commission issued its decision in the 2009 general rate case for San Jose Water Company, SJW Corp.’s wholly owned subsidiary, establishing rates for 2010, 2011 and 2012. In summary, the decision authorizes a rate increase designed to increase revenue by approximately $18.6 million or 9.24% for 2010. Increases for the escalation years 2011 and 2012 will be calculated using the consumer price indices as forecasted in October of the preceding year. Current estimates of these increases are approximately $7.2 million or about 3.3% in 2011, and approximately $13.2 million or about 5.8% in 2012. The decision authorizes a significant increase in the infrastructure replacement program for San Jose Water Company as well as new investments in recycled water projects. The decision also establishes a balancing account for future pension expenses. The stated revenue increases do not include additional revenue increases associated with authorized advice letter rate base offset filings for the 2010-2012 period, investments associated with the upgrades to the Montevina Treatment Plant to be recovered through a separate regulatory filing, and additional supplemental filings for inclusion of planned green energy projects into rates. The rate increase for 2010 will become effective on January 1, 2010.
SJW Corp. is a publicly traded holding company headquartered in San Jose, California. SJW Corp. is the parent company of San Jose Water Company, SJWTX, Inc. and SJW Land Company. Together, San Jose Water Company and SJWTX, Inc. provide regulated and nonregulated water service to more than one million people in San Jose, California and nearby communities and in Canyon Lake, Texas and nearby communities. SJW Land Company owns and operates commercial buildings, has a majority interest in a real estate partnership, and has properties in the states of California, Florida, Connecticut, Texas, Arizona and Tennessee.
This press release may contain certain forward-looking statements including but not limited to statements relating to SJW Corp.'s plans, strategies, objectives, expectations and intentions, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SJW Corp. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Certain factors that may cause actual results, performance or achievements to materially differ are described in SJW Corp.'s most recent reports on Form 10-K, Form 10-Q and Form 8-K filed with the Securities and Exchange Commission. SJW Corp. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at http://www1.investorideas.com/NewsUploader/Default.aspx
SAN JOSE, Calif.----SJW Corp. (NYSE:SJW) today reported that on November 20, 2009, the California Public Utilities Commission issued its decision in the 2009 general rate case for San Jose Water Company, SJW Corp.’s wholly owned subsidiary, establishing rates for 2010, 2011 and 2012. In summary, the decision authorizes a rate increase designed to increase revenue by approximately $18.6 million or 9.24% for 2010. Increases for the escalation years 2011 and 2012 will be calculated using the consumer price indices as forecasted in October of the preceding year. Current estimates of these increases are approximately $7.2 million or about 3.3% in 2011, and approximately $13.2 million or about 5.8% in 2012. The decision authorizes a significant increase in the infrastructure replacement program for San Jose Water Company as well as new investments in recycled water projects. The decision also establishes a balancing account for future pension expenses. The stated revenue increases do not include additional revenue increases associated with authorized advice letter rate base offset filings for the 2010-2012 period, investments associated with the upgrades to the Montevina Treatment Plant to be recovered through a separate regulatory filing, and additional supplemental filings for inclusion of planned green energy projects into rates. The rate increase for 2010 will become effective on January 1, 2010.
SJW Corp. is a publicly traded holding company headquartered in San Jose, California. SJW Corp. is the parent company of San Jose Water Company, SJWTX, Inc. and SJW Land Company. Together, San Jose Water Company and SJWTX, Inc. provide regulated and nonregulated water service to more than one million people in San Jose, California and nearby communities and in Canyon Lake, Texas and nearby communities. SJW Land Company owns and operates commercial buildings, has a majority interest in a real estate partnership, and has properties in the states of California, Florida, Connecticut, Texas, Arizona and Tennessee.
This press release may contain certain forward-looking statements including but not limited to statements relating to SJW Corp.'s plans, strategies, objectives, expectations and intentions, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SJW Corp. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Certain factors that may cause actual results, performance or achievements to materially differ are described in SJW Corp.'s most recent reports on Form 10-K, Form 10-Q and Form 8-K filed with the Securities and Exchange Commission. SJW Corp. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml. Water companies can submit news and press releases online to be included in the new syndicated feed at http://www1.investorideas.com/NewsUploader/Default.aspx
Water News - New report shows water scarcity can be mitigated affordably and sustainably
Water News - New report shows water scarcity can be mitigated affordably and sustainably
Washington, D.C., November 23, 2009 — A new report released today by the 2030 Water Resources Group,Charting Our Water Future, shows that growing water scarcity can be mitigated affordably and sustainably. Byproviding greater clarity on the scale of the water challenge and the cost of the solutions, it offers a fact-basedtool to help stakeholders make informed investment decisions and guide policy discussions.
It finds that if noaction is taken, by 2030, projected population and economic growth will lead to global water demand that is40% in excess of current supply. In addition, this means that one-third of the world’s population would haveaccess to only half the water they need, living in water basins with a 50% deficit in supply.
In the foreword to the Charting Our Water Future, His Royal Highness the Prince of Orange, Chairman of theUnited Nations Secretary-General’s Advisory Board on Water and Sanitation, states that “the future water gapcan be closed. (…). If water is to be everyone’s business, then stakeholders will need to come together in waterscarcecountries to make some difficult trade-offs on the road to water resource security. (…) This report’scontribution is to create a common economic language which all stakeholders can use in participating in thatconversation.”
At the basis of the report lies an analysis conducted in four countries with drastically different water issues,which will collectively account for 40 percent of the world’s population, 30 percent of global GDP and 42 percentof projected water demand in 2030: China, India, South Africa and Brazil (Sao Paulo state). The report’smethodology identifies supply- and demand-side measures that could constitute a more cost effective approachto closing the water resource gap in each country and even achieve savings in some sectors.
Moreover, the report shows that if a balanced portfolio of demand- and supply-side measures is adopted ineach country, the projected water requirements in 2030 can be met at an estimated cost of $19 billion per yearfor these countries, or just under 0.06% of their combined forecast GDP for 2030. At a global level, the costwould amount to an estimated $50-60 billion. In contrast, if only traditional supply-side measures areimplemented, an additional capital expenditure of up to $200 billion per year globally would be required toclose the water gap. This is four times more than the balanced approach and more than double what is currentlyspent on water resource provision.
While the need for additional water is global, both the challenges and the solutions differ across geographiesgiven the drastic variations from basin to basin. This report offers a set of tools for decision-makers to designtailored programs to close the water gap. In India, for example, demand is driven largely by growth in theagricultural sector (80% of all water demand) as it tries to cope with a burgeoning population moving towards amiddle-class diet. The most cost-effective solutions identified for India are, therefore, dominated by agriculturalmeasures, both in irrigated and rain-fed crop production, which can collectively close 80% of the projected gapin 2030. On the other hand, in South Africa, agriculture is expected to account for only 47% of water demand in2030, while household and industrial demand will account for 53%. As a result, the most cost-effective solutionswill include some agricultural measures, but also a range of industrial efficiency measures, in mining forinstance, and common household measures, such as improved plumbing fixtures.
Across all regions studied, many of the most cost-effective measures identified, especially those that increaseefficiency and productivity of water use, can pay back their initial capital investment in three years or less.About the 2030 Water Resources Group. The Group was formed in 2008 to contribute new insights to thecritical issue of water scarcity. Members include McKinsey & Company, the International Finance Corporation(IFC, part of the World Bank Group), and a consortium of business partners: The Barilla Group, The Coca-ColaCompany, Nestlé SA, New Holland Agriculture, SABMiller plc, Standard Chartered and Syngenta AG.
For more information, and to see a copy of the report, please visit:www.mckinsey.com/water
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Washington, D.C., November 23, 2009 — A new report released today by the 2030 Water Resources Group,Charting Our Water Future, shows that growing water scarcity can be mitigated affordably and sustainably. Byproviding greater clarity on the scale of the water challenge and the cost of the solutions, it offers a fact-basedtool to help stakeholders make informed investment decisions and guide policy discussions.
It finds that if noaction is taken, by 2030, projected population and economic growth will lead to global water demand that is40% in excess of current supply. In addition, this means that one-third of the world’s population would haveaccess to only half the water they need, living in water basins with a 50% deficit in supply.
In the foreword to the Charting Our Water Future, His Royal Highness the Prince of Orange, Chairman of theUnited Nations Secretary-General’s Advisory Board on Water and Sanitation, states that “the future water gapcan be closed. (…). If water is to be everyone’s business, then stakeholders will need to come together in waterscarcecountries to make some difficult trade-offs on the road to water resource security. (…) This report’scontribution is to create a common economic language which all stakeholders can use in participating in thatconversation.”
At the basis of the report lies an analysis conducted in four countries with drastically different water issues,which will collectively account for 40 percent of the world’s population, 30 percent of global GDP and 42 percentof projected water demand in 2030: China, India, South Africa and Brazil (Sao Paulo state). The report’smethodology identifies supply- and demand-side measures that could constitute a more cost effective approachto closing the water resource gap in each country and even achieve savings in some sectors.
Moreover, the report shows that if a balanced portfolio of demand- and supply-side measures is adopted ineach country, the projected water requirements in 2030 can be met at an estimated cost of $19 billion per yearfor these countries, or just under 0.06% of their combined forecast GDP for 2030. At a global level, the costwould amount to an estimated $50-60 billion. In contrast, if only traditional supply-side measures areimplemented, an additional capital expenditure of up to $200 billion per year globally would be required toclose the water gap. This is four times more than the balanced approach and more than double what is currentlyspent on water resource provision.
While the need for additional water is global, both the challenges and the solutions differ across geographiesgiven the drastic variations from basin to basin. This report offers a set of tools for decision-makers to designtailored programs to close the water gap. In India, for example, demand is driven largely by growth in theagricultural sector (80% of all water demand) as it tries to cope with a burgeoning population moving towards amiddle-class diet. The most cost-effective solutions identified for India are, therefore, dominated by agriculturalmeasures, both in irrigated and rain-fed crop production, which can collectively close 80% of the projected gapin 2030. On the other hand, in South Africa, agriculture is expected to account for only 47% of water demand in2030, while household and industrial demand will account for 53%. As a result, the most cost-effective solutionswill include some agricultural measures, but also a range of industrial efficiency measures, in mining forinstance, and common household measures, such as improved plumbing fixtures.
Across all regions studied, many of the most cost-effective measures identified, especially those that increaseefficiency and productivity of water use, can pay back their initial capital investment in three years or less.About the 2030 Water Resources Group. The Group was formed in 2008 to contribute new insights to thecritical issue of water scarcity. Members include McKinsey & Company, the International Finance Corporation(IFC, part of the World Bank Group), and a consortium of business partners: The Barilla Group, The Coca-ColaCompany, Nestlé SA, New Holland Agriculture, SABMiller plc, Standard Chartered and Syngenta AG.
For more information, and to see a copy of the report, please visit:www.mckinsey.com/water
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