EBJ News for June 22, 2017

Remediation Services Market – Montrose Environmental acquires The FGS Group
Remediation Services Market – Montrose Environmental Group Inc. (Irvine, Calif.) has acquired FRS Environmental Remediation Inc., doing business as The FGS Group (Tampa, Fla.), through its wholly owned subsidiary ES Engineering Services LLC. The FGS Group will become a part of Montrose’s Sustainability Services Division, expanding environmental engineering, remediation, and waste management services to the Southeast. Terms were not disclosed. Originally incorporated under the name Florida Groundwater Services Inc. in 1989, The FGS Group focuses on environmental engineering, construction, and waste management, specializing in contaminated soil and groundwater assessment, engineering design, and remediation. The FGS Group will operate under its existing name and its team will join Montrose.

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

WSP acquires sustainable consulting firm YR&G
WSP (Montreal, Canada), a global engineering and professional services organization, has acquired YR&G (New York, N.Y.), a national firm that specializes in sustainable consulting, education and analysis. YR&G will be joining the Built Ecology group of WSP USA’s buildings practice. Founded in 2006, YR&G is a consulting firm of over 20 engineers, building scientists, ecologists, program managers and sustainable business specialists. “Our built ecology group currently provides specialist services in high-performance design, including passive strategies, ultra-low and net zero energy and water systems, façade optimization, building integrated renewable energy, indoor environmental quality and post occupancy measurement and verification,” said Tom Marseille, WSP’s director of sustainability for the U.S. buildings practice. “We will be creating a new strategic vision which incorporates YR&G’s service areas and capabilities… such as district energy, carbon management, and enterprise (corporate) sustainability.”

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

Surge in hydraulic fracturing drives water spend toward $12 billion
A new wave of drilling activity in the hydraulic fracturing sector has kick-started demand for water management solutions in a sector that was lagging less than a year ago, according to a report by Bluefield Research (Boston, Mass.). Spending by energy companies on U.S. water management will rise 47% by the end of 2017, and they will spend more than $136 billion from 2017 to 2026 on water management, including water supply, transport, storage, treatment and disposal, Bluefield forecasts. Innovation in the hydraulic fracturing sector, including techniques to drill faster and generate more production at each well, are leading to shifts in water strategies. Demand is rising exponentially because of increased water volume per frack and an almost 30% reduction in time to complete a well, the report found. In some basins, well completions require as much as 12 million gallons of water per frack, triple the water volumes needed five years ago. “Water for U.S. Hydraulic Fracturing: Competitive Strategies, Solutions, & Outlook, 2017-2026” also found that the cost of water transport has become the primary concern for most energy companies, spending $75.8 billion from 2017 through 2026. “The value of water has clearly taken on greater financial importance for exploration and production companies. Cost reduction, efficiency improvements, and risk mitigation to water stress are a high priority,” said Bluefield President Reese Tisdale. However, there is not a one-size-fits all approach to water management: “High disposal rates and salinity levels are an issue in Marcellus, while seismic activity in Oklahoma is prompting tighter regulatory controls on disposal wells. Whatever the case, the signs are positive for water services companies.”

Terracon purchases Earth Exploration
Terracon (Olathe, Kan.) has acquired Earth Exploration Inc. (EEI, Indianapolis), enhancing Terracon’s presence in the Upper Midwest by establishing offices in Indiana and Michigan. Founded in 1990, EEI offers geotechnical engineering, construction materials testing, exploratory field services, laboratory testing and geophysical services. The company and its 60 employees will be named Earth Exploration Inc., A Terracon Company. The acquisition is supported by Terracon’s existing Cincinnati and Louisville offices and is Terracon’s sixth acquisition since 2016. EEI also has an office in Niles, Mich. Terracon is an employee-owned consulting engineering firm with more than 4,000 employees.

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

CH2M leads nuclear partnership in contract worth up to $1.5 billion
The CH2M-led Four Rivers Nuclear Partnership has been awarded a deactivation and remediation contract worth up to $1.5 billion in Kentucky. Fluor Corporation and BWX Technologies are CH2M’s partners in the United States Department of Energy project at the Paducah Gaseous Diffusion Plant. The performance-based contract is valued at approximately $1.5 billion over 10 years. The site, built in the 1950s as part of the United States’ nuclear weapons complex, processed uranium from 1952 to 2013 for military reactors, nuclear weapons and nuclear power plant fuels. The deactivation and remediation contract includes management of over 650 structures, properties and buildings.

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

Global Water Resources Acquires Eagletail Water Company
Global Water Resources Inc. (Phoenix, Ariz.), a pure-play water resource management company, has acquired Eagletail Water Company, a small water utility located west of metropolitan Phoenix. The transaction adds approximately 50 water connections and six square miles of service area to Global Water’s regional service footprint. “Eagletail is the first acquisition in our declared strategy of pursuing water utility acquisitions,” said Ron Fleming, CEO of Global Water. “We believe our focus on improving and automating water utility assets will greatly benefit the customers of Eagletail.” The Arizona Corporation Commission (ACC) allowed the transaction to close on an expedited basis in accordance with recently adopted water policy reforms. Added Fleming: “Given the ACC’s desire for consolidation of the highly fragmented water utility industry in Arizona and their new policy guidelines that support and incent such consolidation, the stage is well set for additional acquisitions.” Global Water Resources owns and operates 10 utility companies that provide water, wastewater and recycled water services.

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

Parsons awarded environmental assessment work by Port of Los Angeles
The Port of Los Angeles has awarded Parsons (Pasadena, Calif.) an environmental assessment master services agreement. The work will include environmental site assessments and monitoring, remedial feasibility studies and action plans, remediation systems operations and maintenance, regulatory agency coordination, and design services. “The Port of Los Angeles is on the forefront of environmental change in the port and maritime industries, and we’re glad to be a part of that,” said Michael Johnson, Parsons Group President. The port has embarked on a 10-year, $2.6 billion infrastructure investment program to ensure its ability to provide superior cargo terminals as well as outstanding rail and warehouse infrastructure.

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

ICF awarded $13.6 million energy efficiency contract from Con Edison
ICF (Fairfax, Va.), a consulting and technology services provider, has won a contract to assist Con Edison with its residential energy efficiency programs. The contract from Con Edison, the energy company that serves New York City and Westchester County, N.Y., is valued at $13.6 million for three years. ICF will work with Con Edison to plan, design and market programs to help Con Edison customers make energy-saving upgrades to their homes. Con Edison’s residential energy efficiency programs include incentives for upgrades to HVAC, lighting, appliances and smart thermostats.

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

Black & Veatch selected for Denver Water Reservoir Expansion
Black & Veatch (Overland Park, Kansas) has been selected to provide program management services for the Gross Reservoir Expansion Project, a major component of Denver Water’s comprehensive strategy to deliver safe, reliable water service that is also more resilient to floods, wildfires and climate change. The expansion would more than double current reservoir capacity and improve water supply dependability in the Denver metro area. Black & Veatch will assist with project controls, including schedule, cost and document control, and eventually construction management, extending through the first filling of the reservoir, expected in April 2026. The project, with an estimated cost of $380 million, will make Gross Dam the tallest dam in Colorado.

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

Veolia Nuclear Solutions makes bold move in Canadian market
Veolia (Paris) has announced that its Nuclear Solutions entity, through its subsidiary Kurion (Canada) Inc., has been selected to design and build a major remote waste access and conditioning system at the Whiteshell Laboratories in Manitoba under a new agreement with Canadian Nuclear Laboratories. Veolia said the contract represents a significant move into the Canadian market. Veolia’s Nuclear Solutions will provide Canadian Nuclear Laboratories with a system to remediate a range of intermediate- and low-level waste from in-ground concrete standpipes and bunkers at the Whiteshell site, where decommissioning has been underway for more than a decade. The agreement calls for the project to run over five years.

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

Corporate Environmental buys Boyle Associates
Corporate Environmental Advisors (West Boylston, Mass.) has purchased Boyle Associates (Westbrook, Maine) to enhance its services to renewable energy, transmission and distribution, and pipeline clients throughout New England and New York. The company will do business as “Boyle Associates, a subsidiary of Corporate Environmental Advisors.” Founder Jim Boyle and the firm’s seven employees will stay on. Started in 1996, Boyle Associates is a full service consulting firm specializing in permitting, biology, inspection, and natural resource identification. It has offices in Westbrook and Kennebunk, Maine. Corporate Environmental Advisors, formerly CEA Inc., was acquired by Joseph Campisi in April 2017 for $480,000, according to Worcester Business Journal online; the environmental consulting firm employs 12 people and is expected to make between $2.2 million and $2.4 million in annual revenue, the article said.

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

Leading distributor of waterworks products acquired in $2.5 billion deal
Private equity firm Clayton, Dubilier & Rice has announced an agreement with HD Supply Holding Inc. to acquire its Waterworks business unit (St. Louis, Mo.), a large distributor of water, sewer, storm and fire protection products, for $2.5 billion. Through a carve-out transaction, Waterworks will become an independent company, wholly owned by CD&R funds. Waterworks operates a national network of 244 branches in 46 states serving a customer base of more than 37,000 municipalities, private water companies and professional contractors. CD&R previously invested in HD Supply in 2007 and exited that original investment in 2014. Waterworks “stands to benefit from tailwinds in construction activity and municipal infrastructure spending,” said CD&R Partner J.L. Zrebiec.

AECOM teams with IBM for disaster resilience tool
AECOM and IBM have developed an updated “disaster resilience scorecard” on behalf of the United Nations Office for Disaster Risk Reduction. Developed in conjunction with the United States Agency for International Development (USAID), the scorecard replaces the UN’s International Strategy for Disaster Reductions (UNISDR) local government self-assessment tool. It aims to help cities and local government agencies improve preparedness for and reduce risks from disasters by setting baselines, identifying gaps and developing action plans. “Based on the feedback we’ve received so far, we are confident the new scorecard is pitched at an appropriate level to facilitate productive conversation – most likely through a short workshop – in cities,” said AECOM director of sustainable development Ben Smith. The initiative forms part of UNISDR’s “making cities resilient” campaign.

 

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.

Large environmental consultancies see growth in 2016, EA survey indicates
Environmental consultancy business managers from around the world reported average revenue growth of 2.6% for their environmental consulting (EC) businesses in 2016, with participants from larger firms providing an average response of some 5.3%, up from the slight decline in the same survey last year, according to an interim report from Environment Analyst’s latest Market Trends Survey. The survey is due to close shortly. For those companies in the UK, average reported growth was 3.8%, a similar level across large and small/medium sized firms. In terms of five-year regional growth prospects, South East Asia & China is currently topping the list of regions (with an unweighted mean CAGR of 7.2%) followed by North America (6.8%). For Western Europe, consultants are less bullish about their prospects with a mean forecast CAGR of 3.6%.

 

For more information on the remediation services market, size, company profiles and contracts visit our Remediation and Industrial Services Report page.