US water concessions’ crooked growth path

The market for municipal water and wastewater concessions in the US has been slow-growing, despite some highprofile contract wins. What are the keys to developing this politically charged space?

The mere mention of a possible water concession in Upland, CA, has catapulted the city of 75,000 into the spotlight this month. Despite not having issued a request for information, Upland has already fielded inquiries from American Water, United Water, PERC, and a partnership of Veolia and Table Rock Capital.
 
While a US municipality advertising its openness to a concession is rare, the...

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