06:44:17 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



H2O Innovation Inc (2)
Symbol HEO
Shares Issued 40,144,214
Close 2017-11-21 C$ 1.25
Market Cap C$ 50,180,268
Recent Sedar Documents

H2O Innovation renews, extends O&M contracts

2017-11-21 08:55 ET - News Release

Mr. Marc Blanchet reports

H2O INNOVATION: UTILITY PARTNERS RENEWS & EXTENDS TWO OPERATION AND MAINTENANCE CONTRACTS, TOTALLING $ 14.2 M

Utility Partners LLC (UP), H2O Innovation Inc.'s business line providing operation and maintenance services (O&M) in the United States, has renewed an operation and maintenance contract and extended the duration of an existing municipal project, totalling $14.2-million, which brings the corporation's O&M business backlog to $61.9-million, excluding the project's sales backlog.

Utility Partners renewed a municipal O&M contract in the State of Mississippi, for an additional four years. In that same state, UP also extended the duration of an existing project for an additional year.

"Utility Partners has been working with these two municipal clients for over 10 years. They have chosen to continue working with our team because, over the years, we have demonstrated to them our expertise, our rigour and our prompt response when a problem arises. It is thanks to the good relationships we have with all our customers that they decided to renew or extend their operation and maintenance contract with UP," stated Bill Douglass, vice-president of the operation and maintenance division of H2O Innovation and managing director of Utility Partners.

About H2O Innovation Inc.

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 waste water 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 waste water treatment systems.

© 2024 Canjex Publishing Ltd. All rights reserved.