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H2O America’s General Counsel, Willie Brown, Appointed to CalChamber Board of Directors
Globenewswire· 2025-06-17 13:00
Company Overview - H2O America (NASDAQ: HTO) is a national investor-owned network of local water and wastewater utilities, focused on delivering clean, high-quality water to communities [5][6] - The company serves over 1.6 million people through its regional water utilities, including Connecticut Water, Maine Water, San Jose Water, and Texas Water [7] Recent Developments - Willie Brown, vice president and general counsel of H2O America, has been appointed to the CalChamber board effective May 5, 2025 [1][11] - Brown expressed his honor in joining the CalChamber board, highlighting its critical role in supporting California businesses [2] Leadership Insights - Eric W. Thornburg, Chair, President, and CEO of H2O America, praised Brown's understanding of the challenges faced by California businesses, indicating his potential contribution to strengthening the state's economy [3]
H2O America's General Counsel, Willie Brown, Appointed to CalChamber Board of Directors
GlobeNewswire News Room· 2025-06-17 13:00
Core Viewpoint - H2O America announces the appointment of Willie Brown as vice president and general counsel to the CalChamber board, highlighting the company's commitment to supporting California's business environment [1][2][3]. Company Overview - H2O America (NASDAQ: HTO) is a national investor-owned network of local water and wastewater utilities, focused on delivering clean, high-quality water to communities [5]. - The company operates approximately 407,000 water and wastewater service connections, investing in critical infrastructure to ensure sustainable water supply for future generations [6]. - H2O America serves over 1.6 million people through its regional utilities, including Connecticut Water, Maine Water, San Jose Water, and Texas Water [7]. Leadership and Governance - Willie Brown's appointment is seen as a strategic move to enhance H2O America's influence in advocating for business interests at both state and federal levels [3]. - The CalChamber board consists of elected members who are executives from leading firms and industries in California, representing a diverse range of business interests [4].
Itron Launches Cyble 5 Module in APAC Region to Transform Water Utility Operations
Globenewswire· 2025-06-10 00:00
Core Insights - Itron, Inc. is launching its Cyble™ 5 communications module in the Asia-Pacific region, which enhances mechanical water meters into communication devices for automated meter reading and advanced metering infrastructure [1][2] - The module will be produced in Cikarang, Indonesia, starting Q4 2025, addressing utility challenges in the region, including smart metering and water conservation [2] - The Cyble 5 module is designed to withstand extreme weather conditions, making it suitable for various climates, and allows utilities to upgrade without replacing existing infrastructure [3] Group 1 - The Cyble 5 module enables utilities to reduce costs and support sustainability initiatives by improving existing metering infrastructure [1][2] - It features leak detection capabilities, which are particularly beneficial in regions facing water scarcity, such as Australia and New Zealand [2] - Itron has successfully shipped over 2 million Cyble 5 modules in the EMEA region, helping utilities like Severn Trent Water significantly reduce water losses [4] Group 2 - The module's design includes resistance to water, contaminants, corrosion, humidity, and high temperatures, ensuring durability and versatility for utilities [3] - The easy installation process of the Cyble 5 module allows utilities to transition at their own pace without the need for extensive infrastructure changes [3] - Itron positions itself as a leader in energy, water, and smart city solutions, focusing on innovative systems and resource conservation [6]
Artesian Resources: A Steady Water Utility Buy
Seeking Alpha· 2025-06-09 21:22
Group 1 - The article promotes Ian's Insider Corner, which offers access to initiation reports for new stocks, an active chat room, and weekly updates [1] - Ian Bezek, a former hedge fund analyst, has extensive experience in Latin American markets and specializes in high-quality compounders and growth stocks at reasonable prices [2] Group 2 - The article includes a disclosure stating that the author has no positions in any mentioned companies and expresses personal opinions without compensation [3] - Seeking Alpha's disclosure emphasizes that past performance does not guarantee future results and that the views expressed may not reflect the platform's overall stance [4]
3 Utilities Stocks With Big Earnings, Balanced Risk
MarketBeat· 2025-06-05 11:10
Core Insights - The utilities sector has shown resilience amid market volatility in 2025, emerging as a stable source of dividend income and defensive investment [1][3] - The Utilities Select Sector SPDR Fund (XLU) has returned 8% year-to-date, outperforming the S&P 500, which is up under 2% [2] Company Highlights - Artesian Resources Corp. has seen a year-to-date share price increase of about 10%, with a dividend yield of 3.65% and an annual dividend of $1.23 [4][5] - The company reported an earnings per share (EPS) of 53 cents, exceeding analyst predictions by 18 cents, and quarterly revenue also surpassed expectations [5] - Artesian's revenue growth is attributed to an increase in customer count and a new distribution system improvement charge, with non-utility revenue growing by 8% year-over-year [6] - An anticipated rate increase later this year is expected to support continued revenue growth and maintain the company's attractive dividend yield [7] Additional Company Insights - Clearway Energy Inc. has a dividend yield of 5.85% and an annual dividend of $1.75, with a focus on renewable energy and battery storage operations [8][9] - Clearway reported an EPS beat, coming in at 3 cents per share, with adjusted EBITDA for its renewables and storage segment climbing by about 30% year-over-year [9] - NiSource Inc. has seen its shares rise over 8% year-to-date, with an EPS growth target of 6-8% and plans to invest $19 billion in renewable energy projects [12][13]
Washington Utilities and Transportation Commission Sets New Rates for Washington Water Service's Stroh's Water System to Help Keep Service Safe and Reliable
GlobeNewswire News Room· 2025-06-04 20:15
GIG HARBOR, Wash., June 04, 2025 (GLOBE NEWSWIRE) -- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (NYSE: CWT), has received approval from the Washington Utilities and Transportation Commission (UTC) to increase annual revenue by approximately $178,000 in its Stroh’s water system and adjust water rates accordingly. This increase in annual revenue will be phased in over two years to reduce the impact to customers, with rates reflecting half of the change effectiv ...
Consolidated Water Raises Shareholders' Value, Hikes Dividend by 47.4%
ZACKS· 2025-06-03 15:36
Key Takeaways CWCO raised its quarterly dividend by 47.4% year over year to 14 cents per share. The stable performance of its retail, bulk and manufacturing segments has resulted in a dividend hike. A $204 million Hawaii project and favorable outlook for its services segment to fuel future dividend growth.Consolidated Water Co. Ltd. (CWCO) announced that its board of directors has approved a year-over-year increase in the quarterly dividend rate by 47.4% from 9.5 cents in third-quarter 2024. The revised q ...
Consolidated Water Increases Dividend and Declares Third Quarter Cash Dividend of $0.14 per Share
Globenewswire· 2025-06-02 12:31
Core Points - Consolidated Water Co. Ltd. has increased its quarterly cash dividend to $0.14 per share for Q3 2025, marking a 27.3% increase from the previous quarter's dividend of $0.11 per share [1][2] - The dividend is payable on July 31, 2025, to shareholders of record as of July 1, 2025 [2] - The company's positive financial performance across its retail, bulk, and manufacturing segments has contributed to increased cash flows and liquidity, prompting the board's decision to raise the dividend [3] - Consolidated Water reported revenue of $33.7 million and earnings per share of $0.30 in Q1 2025 [3] Company Overview - Consolidated Water Co. Ltd. specializes in the development and operation of advanced water supply and treatment plants, including seawater desalination facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands [4] - The company is also engaged in designing, constructing, and operating water treatment and reuse facilities in the United States, with a notable $204 million project for a seawater desalination plant in Hawaii currently underway [4] - Additionally, the company manufactures and services a variety of products and provides design, engineering, management, and operational services related to commercial and municipal water production, supply, and treatment [5]
The York Water Company Files a Rate Request Based on $145 Million in Investment
Globenewswire· 2025-05-30 14:00
Core Viewpoint - The York Water Company has filed for a general increase in rates for water and wastewater services, citing the need for significant capital investments to maintain and improve infrastructure [1][2]. Summary by Sections Rate Increase Request - The company is requesting a $24.2 million increase in annual revenues, which would result in an additional cost of $14.16 per month for water and $35.85 per month for wastewater services for the typical residential customer [3]. Capital Investments - Since the last rate increase in 2022, the company has made $145 million in capital investments aimed at replacing and upgrading aging infrastructure, including water mains, meters, and treatment facilities [2]. Infrastructure Improvement - The investments are intended to ensure compliance with current regulations, enhance the reliability of services, and expand wastewater treatment capacity to accommodate growing communities [2]. Effective Date and Process - If approved, the rate increase could take effect on August 1, 2025, although the Pennsylvania Public Utility Commission (PUC) may delay this until March 2026 [4]. Customer Base - The York Water Company serves over 212,000 people across 57 municipalities in Adams, Franklin, Lancaster, and York counties [4].
Reasons to Add Middlesex Water Stock to Your Portfolio Right Away
ZACKS· 2025-05-29 14:21
Middlesex Water Company’s (MSEX) strategic investments should help support future growth and expand its customer base. The company benefits from acquisitions by expanding its operations. Given its growth opportunities, Middlesex Water makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment option at the moment.MSEX’s Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for 2025 earnings per share (EPS) h ...