NextEra and its portfolio of sustainable wastewater treatment and reuse projects will now operate under the H2O Innovation brand as its newly formed Water Infrastructure & Development business line.
H2O Innovation has been delivering and operating WaterHub assets through an existing commercial partnership with NextEra for several years. WaterHubs are onsite wastewater treatment and reuse facilities deployed at a wide variety of sites including hospitals, universities, and other commercial and industrial locations that are delivered for no upfront capital cost to customers and operated under longterm contracts, offering reliable water management solutions that minimize risk, maximize financial savings, and enhance environmental stewardship. The acquisition allows H2O Innovation to bring this large-scale asset development and ownership capability in-house, significantly accelerating the corporation’s intentions to build a leading water infrastructure solutions company and offering a new set of innovative financing solutions for its clients across North America.
“This acquisition is a significant milestone for H2O Innovation. The holistic approach to sustainable water management offered by WaterHubs aligns seamlessly with our core values and expertise,” said Frédéric Dugré, President and Chief Executive Officer of H2O Innovation. “By adding the business to our portfolio, we are not only enhancing our capabilities but also creating unparalleled value for our customers and partners. Together, we will drive innovation and set new standards in our industry.”
In the area of customer financing options, the large scale WaterHub offerings complement H2O Innovation’s existing mobile water treatment systems offered under short- and long-term leases: The FlexBox line, which is comprised of containerized ultrafiltration (UF) or reverse osmosis (RO) systems designed for drinking water treatment, industrial wastewater, and water reuse, as well as the SILO system, which employs membrane bioreactor (MBR) technology.
