Get the Information You Need to Successfully Fund Your Water Infrastructure Project
There is an estimated $53 billion worth of drinking water and wastewater infrastructure projects that will be needed in Texas over the next 15 years to address municipal and industrial water shortcomings. With close to $2 billion available annually through the Economic Stabilization Fund, as administered through the State Water Implementation Fund for Texas (SWIFT), the state of Texas is set to fund roughly half of the needed total water infrastructure projects needed by the State. With the first round of RFP’s through and funding for SWIFT approved projects and loans anticipated to close this November or December, who are the winners and losers? What types of projects did the State fund, and what is the progress made on those projects to date?
Competition for SWIFT funding has been fierce and complicated. Luckily there are State and Federal Initiatives now in place like S.B. 1048, the Public and Private Facilities and Infrastructure Act (State level initiative) and the Build American Investment Imitative and the Water Infrastructure Finance and Innovation Act (WIFIA, both Federal level initiatives) in place to help private stakeholders organize and participate in Public Private Partnerships (P3s) in Texas by entering into agreements with public entities to develop and operate qualifying water infrastructure projects. What are the private investment opportunities to invest in improvements to Texas’ aging water infrastructure systems, and to build much needed new water infrastructure using P3s? What types of projects are currently being privately invested in, and how are these funds being allocated amongst competing interest? Only stakeholders intimately aware of the latest insights, lessons learned, and how-to maximize project fundability from successfully (public and privately) funded water projects will succeed in this climate.
Infocast’s 4th Lone Star State Water Summit, September 9-10, 2015 in Austin, TX will give attendees the opportunity to meet municipalities, developers, investors, financiers, regulators, water technology companies, and other stakeholders in Texas water as they discuss: existing public and private funding opportunities, Texas’ water and development needs, and regulations essential to developing critically-needed water infrastructure in Texas. Don’t miss your chance to take your place at the table as Texas’ water conversation continues this fall.
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