WaterWeekly Vol. 11

We’re back again with another edition of #WaterWeekly, your go-to weekly newsletter on all things Water.?

Let’s dive into this week’s stories!?

Stay tuned for a #WaterWeekly special edition next week, as such we won’t be featuring a top story of the week this week.?

?

?? In order to further enhance operational performance and financial resilience, shareholders agree to provide an extra ￡750 million ($962 million) in equity capital during AMP7 to Thames Water , while acknowledging that significant further money will be needed during AMP8 (2025–2030).?

?? An international team of researchers has discovered that the age of the subduction zone, which is created when enormous chunks of the Earth's crust and topmost mantle crash, has an impact on the ability of the planet to recycle water between its surface and core layers.?

??? A wastewater treatment facility in Montgomery County, Maryland, is almost finished and will assist in achieving several public service objectives at once.?

??In appointments, Sir Adrian Montague was appointed Director and Chairman of Thames Water , Franklin Electric named Greg Levine Vice President and President of Global Water, California Water Service Group appointed Charles Patton to the Board of Directors and Yun Seog-Dae, the CEO of K-water (Korea Water Resources Corp.), has been appointed as chair of the Asia Water Council (AWC). Congrats to all!?

??In M&A news (more on this next week ??) GRUNDFOS announced the acquisition of Surrey, UK-based telemetry and analytics solution provider Metasphere in a move that further expands the Danish giant’s smart water offering and Inframark , leading American O&M (operation and maintenance) provider acquired Treatment Technologies.?

?

?? BlueConduit Launched a Water System-Level Lead Service Line (LSL) count and replacement cost estimator?

Our special guest this edition is Damian Georgino . Damian has had an extremely successful and also varied career, including being one of the main leaders in the growth of US Filter, arguably one of the most important companies in the water sector of the last 40 years. He has since held varied financial and legal roles including leading Womble Bond Dickinson (US) LLP work in the industry.

What or who do you think is the greatest threat to water resources???

“Nutrient pollution, degradation of ecosystems, wastewater contamination and over abstraction, with climate change impacts exacerbating all these challenges. Increased water consumption through industry, agriculture and other demands is leading to over abstraction. These activities can also load the system with excess nutrients from manufacturing, processing wastewater, farming runoff and land use changes.??

These factors affect our natural systems, as well as water availability and quality. Combined with climate change pressures, we see significantly worse water quality outcomes, resulting in greater economic pressures and potential health impacts.?"

??

What is the greatest change you want to see in the water industry over the next 5 years???

“A stronger focus and delivery against all water directives and policies. We need to make sure we are acting today, rather than simply planning for ‘tomorrow’. I’d like to see greater focus and emphasis on clear financial incentives, change support and improved funding options that are open and accessible across the sector. We need to accelerate and get ahead of how we are addressing clean water challenges by investing more in the solutions we have available now while driving forward next gen technologies. We need to tackle these challenges as an industry in a much more aligned, cohesive way, otherwise we run the risk of falling further behind."

??

Why do you choose to be in the water industry? What advice do you have for others looking to join???

“Water is life! Wherever you look, from engineering to manufacturing, tech to construction, and across into food and beverage, the availability of safe, high-quality water is fundamental. It’s one of those sectors where everyone has a personal, vested interest. We all need water.??

Unfortunately, though I think it can be an overlooked industry when thinking about where to build your career. People don’t realise how much new and interesting research and technology is being developed to address current and future challenges. It’s always advancing with new ways of solving problems that affect us all. It’s some of the best work you can do; we all need water."?

As always thanks for reading and please spread the word! We are nearly at 2000 subscribers!..