Report 4800: Climate Change Adaptation

Adaptation will grow to a $1bil. industry in the U.S. by 2015, followed by exponential growth once design & construction of adaptation measures begin - $995

Report 3000: Global Environmental Market

Regional analysis & projections covering countries in N. America, Latin America, Europe, Russia, Asia, Middle East, Japan, Australia/NZ, and Africa - $1,995

Tetra Tech wins $500 million contract from U.S. Air Force

Tetra Tech Inc. has been awarded an indefinite delivery, indefinite quantity contract by the U.S. Air Force for architectural engineering services to support the U.S. Air Force Civil Engineer Center’s environmental program at government installations in the United States and worldwide. The multiple-award contract ceiling is $500 million. Tetra Tech will provide technical services for restoration, pollution prevention, and compliance for environmental projects. The base contract period is five years with two additional option years.

Last Updated on Tuesday, 24 November 2015

Cardno divestment follows strategic review in October

Infrastructure and environmental services firm Cardno Limited (Lone Tree, Colo.) has completed the sale of Cardno ATC to a group led by Bernhard Capital Partners for AU$89.1 million. ATC Associates was acquired by Cardno in March 2012 for AU$98 (US$106) million. It is has more than 70 offices across the United States and provides environmental and testing services, building sciences, geotechnical engineering and construction materials testing. Net proceeds will be used to reduce Cardno’s debt and provide the company with more financial flexibility. In line with Cardno’s recent strategic review, "This sale allows us to expedite the completion of our integration activities in the Americas and to turn our focus to new growth opportunities and expanding our service offerings across our global markets," said Managing Director Richard Wankmuller. "ATC is a lower margin business than the rest of Cardno's U.S. operations and does not operate in a service area that we are targeting for growth.”

Last Updated on Tuesday, 24 November 2015

Private equity firm acquires CVCC in environmental clean up

Kinderhook (New York, N.Y.) has acquired CVCC (Elizabeth, N.J.), an environmental clean-up contractor that provides hazardous and non-hazardous waste management services to commercial and government entities in the New England and Mid-Atlantic regions. Founded in 1977, CVCC owns and manages Clean Venture, a full service environmental contractor specializing in emergency response and site remediation; Envirotech, an environmental consulting business; and Cycle Chem, an operator of two treatment facilities which house the company’s analytical laboratory, storage, and disposal operations. Kinderhook’s portfolio includes Custom Ecology in waste management and Rizzo Environmental Services in solid waste collection. “Kinderhook has developed an expertise in the environmental services industry and we are excited about the opportunity to work with CVCC to support its aggressive organic and acquisition-led growth strategy,” said Cor Carruthers, managing director at Kinderhook.

Last Updated on Tuesday, 24 November 2015

Atkins to acquire EnergySolutions’ nuclear business

WS Atkins plc (Epsom, U.K.), Britain’s third largest engineering consultancy, has signed an agreement to acquire the Projects, Products and Technology (PP&T) segment of EnergySolutions (Salt Lake City, Utah), an international nuclear engineering services business, for $318 million. Atkins will hire approximately 650 EnergySolutions employees. PP&T offers technical engineering and program management services for the decontamination and decommissioning of high hazard nuclear facilities and for the remediation of nuclear waste storage sites. In 2014 PP&T reported revenue from continuing operations of $281.4 million. Major investment in new build projects and the ageing of nuclear assets worldwide will present significant opportunities for the broader Atkins Group going forward. Of more than 400 current reactors worldwide, nearly 75% are more than 25 years old. Atkins, which had revenue of £1.76 billion in FY2015, said it has grown its nuclear business at a compound annual rate of more than 20% since 2011/12 while delivering operating margins of approximately 10%. 

Last Updated on Tuesday, 24 November 2015

Stantec expands capabilities in Texas and Alabama

Engineering and architecture firm Stantec (Edmonton, Alberta, Canada) is planning to expand its presence in Texas and Alabama by acquiring the Infrastructure Americas division of KBR. With offices in Houston, Austin, Dallas, and Mobile, Ala., Infrastructure Americas has approximately 180 professionals in the transportation, water/wastewater, and aviation sectors. The acquisition is expected to enhance Stantec’s infrastructure design capabilities in the Gulf Region. “One of the strongest opportunities for growth in North America is within the transportation and infrastructure markets, particularly in Texas,” said Bob Gomes, Stantec president and CEO.

Last Updated on Tuesday, 24 November 2015

EBI Newsletter

Weekly Archives

Week 48, 2015

Tetra Tech wins $500 million contract from U.S. Air Force
Cardno divestment follows strategic review in October
Private equity firm acquires CVCC in environmental clean up
Atkins to acquire EnergySolutions’ nuclear business
Stantec expands capabilities in Texas and Alabama
Low-Carbon Energy Transition Could Create €380 Billion for Utilities
Waste Connections buys Rock River for $75 million
Liberty Environmental acquires Hafer Environmental
EPA proposes new NOx targets for power plants in 23 states
EPA Awards $63 Million Grant for Texas Water Quality
EPA Awards $1 Million Grant to Research Impact of Drought
EIA Says U.S. CO2 Emissions from Energy up 1% in 2014

Week 47, 2015

Tetra Tech to acquire Coffey International in Australia
Tetra Tech results reflect wind-down of remediation business
AECOM announces year-end results
Nalco Champion acquires Ultra Fab hydrogen sulfide removal technologies
Iris Environmental sold to RPS
RPS aquires Everything Infrastructure in Australia
Ellis & Associates merges with Engineering Consulting Services
ERM’s acquisition of rePlan adds capability in social consulting
MWH Global partners with GE in Ecomagination initiative
NV5’s organic growth in double digits not counting string of acquisitions
Wind leads new electrical generation in 2015, FERC reports
Two companies win leases to build windpower off New Jersey coast
Climate change behind increase in plant species in Oregon state?

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