Maine Water Files Initial Environmental Permit Applications for New Saco River Water Treatment Facility
06 Giugno 2019 - 12:45AM
Maine Water Company filed applications today with the Maine
Department of Environmental Protection and the U.S. Army Corps of
Engineers for state and federal environmental permits in support of
their plan to build a new water treatment facility on the Saco
River in Biddeford. The new facility will replace the
original water treatment facility along the Saco River that dates
back to 1884. It will provide continued water service to
Biddeford, Saco, Old Orchard Beach and the Pine Point area of
Scarborough.
Engineering assessments clearly demonstrated that construction
of a new facility would be more cost effective than attempting to
renovate a facility that had been in service for more than a
century. This generational investment will have the benefit
of lower long term cost of ownership, include updated treatment
technology to meet increasingly stringent water quality standards,
and be more energy efficient. Perhaps most importantly, a new
facility located at a higher elevation would eliminate the risk of
future flooding at the facility that could impact operation and
service.
"Our team has worked hard to develop an appropriate design and
prepare a site plan that will minimize impacts on wetlands and on
the Saco River, which has been the source of drinking water for
this public water system since its original construction," said
Rick Knowlton, President of Maine Water. The state and
federal environmental permits will evaluate the company’s plan for
the new 35,000 square foot facility proposed on South Street.
Knowlton continued, "These permit applications are an
important step in the development of the project as they determine
how to best site the new structures on undeveloped company owned
land across South Street from the existing facility."
The company expects to file applications for local permits with
the City of Biddeford and the Saco River Corridor Commission later
this summer. The local permitting processes require
additional design detail that will in part be guided by the federal
and state reviews. The construction schedule will be
established once all permits are in hand and the project is
expected to take two years once the work begins.
Knowlton emphasized the importance of continued capital
investments and reliable water utility infrastructure, "The
families, businesses and communities we serve depend on us to
deliver water every day, and we take that commitment very
seriously. We are here to deliver public health protection through
the provision of high quality drinking water and public fire
protection service, and to support the growth of local communities.
This new water treatment facility is designed to provide
service to the communities of Biddeford, Saco, Old Orchard Beach
and the Pine Point area of Scarborough well into the next
century."
Knowlton noted, "This project is part of the company’s business
plan and our parent company is committed to the financing and the
necessary support to make this generational investment in the
Biddeford Saco water system. Further, as we move forward with
the combination with SJW Group, they have made a commitment to
continued capital investments of over $200 million in the water
systems across the combined operations, with funding specifically
earmarked for this important project to benefit Maine Water
customers."
Please contact Rick Knowlton at 1.800.287.1643 with
questions.
About Maine Water: The Maine Water Company, a
subsidiary of Connecticut Water Service, Inc. (Nasdaq: CTWS), is a
public water utility that owns 12 public water systems engaged in
the collection, treatment, and distribution of drinking water for
homes, businesses and fire protection service. The Maine Water
Company serves approximately 85,000 people in 21 communities across
Maine. The Biddeford Saco division of Maine Water Company is the
second largest public water system in Maine, serving a population
of almost 50,000.
Forward-Looking StatementsThis press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, as amended. Some
of these forward-looking statements can be identified by the use of
forward-looking words such as “believes,” “expects,” “may,” “will,”
“should,” “seeks,” “approximately,” “intends,” “plans,”
“estimates,” “projects,” “strategy,” or “anticipates,” or the
negative of those words or other comparable terminology.
The accuracy of such statements is subject to a number of risks,
uncertainties and assumptions including, but not limited to, the
following factors: (1) the risk that the conditions to the closing
of the SJW Group transaction are not satisfied; (2) the risk that
the regulatory approvals required for the proposed transaction are
not obtained at all, or if obtained, on the terms expected or on
the anticipated schedule; (3) the risk that the California Public
Utilities Commission’s (CPUC) investigation may cause delays in or
otherwise adversely affect the proposed transaction and that SJW
Group may be required to consummate the proposed transaction prior
to the CPUC’s issuance of an order with respect to its
investigation; (4) the effect of water, utility, environmental and
other governmental policies and regulations; (5) litigation
relating to the proposed transaction; (6) the ability of each party
to meet expectations regarding timing, completion and accounting
and tax treatments of the proposed transaction; (7) the occurrence
of any event, change or other circumstance that could give rise to
the termination of the merger agreement between the parties to the
proposed transaction; (8) changes in demand for water and other
products and services; (9) unanticipated weather conditions; (10)
catastrophic events such as fires, earthquakes, explosions, floods,
ice storms, tornadoes, terrorist acts, physical attacks,
cyber-attacks, or other similar occurrences that could adversely
affect the facilities, operations, financial condition, results of
operations and reputation of CTWS; (11) risks that the proposed
transaction disrupts the current plans and operations of CTWS; (12)
potential difficulties in employee retention as a result of the
proposed transaction; (13) unexpected costs, charges or expenses
resulting from the proposed transaction; (14) the effect of the
announcement or pendency of the proposed transaction on business
relationships, operating results, and business generally,
including, without limitation, competitive responses to the
proposed transaction; (15) risks related to diverting management’s
attention from ongoing business operations of CTWS; and (16)
legislative and economic developments.
In addition, actual results are subject to other risks and
uncertainties that relate more broadly to CTWS’s overall business
and financial condition, including those more fully described in
its filings with the SEC, including, without limitation, its
Quarterly Report on Form 10-Q for the fiscal quarter
ended March 31, 2019. Forward-looking statements are not
guarantees of performance, and speak only as of the date made, and
neither CTWS nor its management undertakes any obligation to update
or revise any forward-looking statements except as required by
law.
News media contact:
Rick Knowlton
President
Maine Water Co.
93 Industrial Park Road
Saco, ME 04072
Rknowlton@MaineWater.com
207-282-1543
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