WIFIA loans to support California water system upgrades
In the US, Water Infrastructure Finance and Innovation Act (WIFIA) loans totalling $168 million (€143 million) have been allocated for water system upgrades in Redwood City and Alameda County.
US Environmental Protection Agency (EPA) Administrator Michael Regan joined Silicon Valley Clean Water (SVCW) commission chair Alicia Aguirre, Oro Loma board president Rita Duncan and other local officials to announce the fund, which will support water infrastructure improvements.
“Investing in water infrastructure has proven time and time again to deliver a multitude of benefits,” said Regan, “including building climate and drought-resilient water systems, safeguarding public health, and creating good-paying jobs.
“Today’s announcements embody the promise of the Bipartisan Infrastructure Deal, which will broaden the scope of these powerful benefits for communities across the nation.”
At an event hosted by SVCW, Administrator Regan announced two WIFIA loans totalling $143 million (€121 million) to SVCW, as well as a $25 million (€21 million) loan to the Oro Loma Sanitary District. Construction and operation of the projects at SVCW and Oro Loma Sanitary District are expected to create more than 2,500 jobs.
Silicon Valley Clean Water
The EPA’s two loans to SVCW will help finance wastewater system rehabilitation projects. A loan of $69 million (€58 million) will support a sewer conveyance upgrade project and a $74 million (€63 million) loan will support upgrades to the wastewater treatment plant. Together, these projects are enhancing innovative practices and technologies to improve system operations and bring the utility to 100% self-generating power. The project is estimated to create 2,400 jobs during construction and operation.
“We are immensely grateful and proud of the partnership SVCW has with the EPA, a collaboration that has allowed SVCW to lead the industry with innovative and sustainable capital improvement projects,” said Teresa Herrera, SVCW general manager.
“We look forward to our continued alliance by advancing our shared commitment to the protection of public health and our environment for generations to come.”
Oro Loma Sanitary District
The EPA’S WIFIA loan to Oro Loma Sanitary District in California will support the Oro Lomo Sewer Collection System Pipeline Rehabilitation and Replacement project, which will provide customers with a more reliable wastewater service while increasing the protection of the community and nearby waterways from sewer overflows.
The community will benefit from 1.3 million gallons of potable water as well as a reduction in 1,000 hours of maintenance costs and over $100,000 (€85,000) in operating costs each year. Project construction and operation are expected to create an estimated 160 jobs.
US Environmental Protection Agency (EPA) Administrator Michael Regan joined Silicon Valley Clean Water (SVCW) commission chair Alicia Aguirre, Oro Loma board president Rita Duncan and other local officials to announce the fund, which will support water infrastructure improvements.
“Investing in water infrastructure has proven time and time again to deliver a multitude of benefits,” said Regan, “including building climate and drought-resilient water systems, safeguarding public health, and creating good-paying jobs.
“Today’s announcements embody the promise of the Bipartisan Infrastructure Deal, which will broaden the scope of these powerful benefits for communities across the nation.”
At an event hosted by SVCW, Administrator Regan announced two WIFIA loans totalling $143 million (€121 million) to SVCW, as well as a $25 million (€21 million) loan to the Oro Loma Sanitary District. Construction and operation of the projects at SVCW and Oro Loma Sanitary District are expected to create more than 2,500 jobs.
Silicon Valley Clean Water
The EPA’s two loans to SVCW will help finance wastewater system rehabilitation projects. A loan of $69 million (€58 million) will support a sewer conveyance upgrade project and a $74 million (€63 million) loan will support upgrades to the wastewater treatment plant. Together, these projects are enhancing innovative practices and technologies to improve system operations and bring the utility to 100% self-generating power. The project is estimated to create 2,400 jobs during construction and operation.
“We are immensely grateful and proud of the partnership SVCW has with the EPA, a collaboration that has allowed SVCW to lead the industry with innovative and sustainable capital improvement projects,” said Teresa Herrera, SVCW general manager.
“We look forward to our continued alliance by advancing our shared commitment to the protection of public health and our environment for generations to come.”
Oro Loma Sanitary District
The EPA’S WIFIA loan to Oro Loma Sanitary District in California will support the Oro Lomo Sewer Collection System Pipeline Rehabilitation and Replacement project, which will provide customers with a more reliable wastewater service while increasing the protection of the community and nearby waterways from sewer overflows.
The community will benefit from 1.3 million gallons of potable water as well as a reduction in 1,000 hours of maintenance costs and over $100,000 (€85,000) in operating costs each year. Project construction and operation are expected to create an estimated 160 jobs.
