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EBJ News March 16, 2018: Top Environmental Companies

Top Environmental Companies

 

 

ICF reports $1.23 billion in revenue for 2017
ICF (Fairfax, Va.), one of the top environmental companies, reported revenue of $1.23 billion for the year ended December 31, 2017, up 3.7% over the prior year. Net income was $62.9 million, a year-over-year increase of 35% from $46.6 million. Fourth quarter 2017 revenue was $321.2 million, a 10.9% increase from the prior year period. Key contracts in the fourth quarter included two contracts with a combined value of $40 million with a mid-Atlantic U.S. utility to implement its residential energy efficiency programs; and purchase orders with a combined value of $30 million with a U.S. energy corporation to expand energy efficiency portfolios for two utilities in the mid-Atlantic region. “Looking ahead to 2018 and 2019, specific growth catalysts for ICF in the government market include budget priorities in the areas of post-hurricane housing recovery, infrastructure, and social/public health programs. In commercial markets, we have a strong pipeline in commercial energy efficiency programs, and an improved economic climate for spending on commercial engagement and marketing programs,” said Sudhakar Kesavan, ICF’s chairman and CEO. “We ended the year with a strong backlog, as well as a robust pipeline of $4.24 billion, providing positive momentum heading into 2018.”

For more information on top environmental companies and industry information, visit our Environmental C&E Industry Report.

 

New York governor announces $1.4 billion for large-scale renewable energy projects
New York Governor Andrew Cuomo has announced $1.4 billion in awards for renewable energy projects in what is believed to be the single largest commitment to renewable energy by a state in U.S. history. Projects include 22 solar farms, “demonstrating that large-scale solar power is now economically viable across New York State for the first time.” The competitive awards, driven by the Governor’s Clean Energy Standard mandate, are expected to generate enough clean, renewable energy to power more than 430,000 homes and create over 3,000 short- and long-term jobs. The Governor also formally requested an exclusion from the five-year National Outer Continental Shelf Oil and Gas Leasing Program unveiled in January 2018, which proposes to make over 90% of the total offshore acreage in the United States available to oil and gas drilling. “We believe the future is a clean energy economy and New York is going to lead a counter-movement to what this administration is doing to the environment and illuminate the path forward,” Cuomo said.

 

Trihydro acquires Wyoming engineering firm
Trihydro Corporation (Laramie, Wyo.), a national provider of engineering and environmental services, has acquired consulting firm Steamboat Technical Services (Sheridan, Wyo.). The acquisition supports Trihydro’s dedication to the Rocky Mountain region and enhances the company’s ability to serve its clients with infrastructure, solid waste, surveying, and environmental capabilities. Steamboat was founded in August 2017 by Travis Evans, PE as the result of the reorganization of ECS Engineers. Trihydro maintains a staff of more than 430 personnel and 20 offices.

For more information on top environmental companies and industry information, visit our Environmental C&E Industry Report.

 

Groundwater consulting firm in New Hampshire becomes a division of GZA
GZA GeoEnvironmental Inc. (Norwood, Mass.), a multi-disciplinary firm providing geotechnical, environmental, ecological, water, and construction management services, has acquired Emery & Garrett Groundwater Investigations LLC. (EGGI, Meredith, N.H.). The acquisition strengthens GZA’s position as a provider of water-related services. Serving the New Hampshire and the eastern United States for the past 28 years, EGGI will operate as a division of GZA, maintaining its current leadership as well as its office in Meredith. “As demand for sustainable groundwater resources continues to increase, the ability to identify and develop previously undiscovered groundwater supplies will become ever more important,” said Bill Hadge, CEO of GZA. In February, GZA announced it would be acquiring dam engineering firm Civil Dynamics.

For more information on top environmental companies and industry information, visit our Environmental C&E Industry Report.

 

Annual revenue for C&I demand response expected to reach $2.9 billion in 2027
Commercial and industrial (C&I) facilities represent an important target for utilities and demand response aggregators, according to a new report from Navigant Research (Boulder, Colo.), which predicts that global annual revenue for C&I demand response will grow from $1.9 billion in 2018 to $2.9 billion in 2027. While industrial facilities contribute significantly large amounts of load reduction, collective efforts from small and medium commercial customers are also capable of big impacts, especially as the large commercial market becomes saturated, Navigant said. The report, Market Data: Demand Response for C&I, examines the market in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

 

ERM announces acquisition of BrownFlynn
ERM (London, UK) has completed the acquisition of BrownFlynn Ltd. (Cleveland, Ohio), a U.S. corporate sustainability and governance consulting business. Established in 1996, BrownFlynn offers corporate sustainability advisory services, including setting strategy, navigating reporting frameworks and ratings, and monitoring environmental, social and governance trends. BrownFlynn is a pioneer in integrated reporting and the first U.S. certified Global Reporting Initiative (GRI) trainer, ERM said. The acquisition strengthens ERM’s U.S. presence and global capability as it partners with key international standard bodies, industry organizations and investor groups.

For more information on top environmental companies and industry information, visit our Environmental C&E Industry Report.

 

Water tunnel market gathers steam
The era of water tunnels has arrived, according to an article published in Engineering News Record (ENR) on March 7, with tunnels being planned and constructed to solve problems ranging from drought to flooding to keeping pollution out of natural bodies of water. The article cites David Egger, senior vice president and managing director for infrastructure systems for Black & Veatch’s water business, who estimates that water tunneling is a $6-billion-a-year business in North America; of the approximately 200 miles of water tunneling in various stages of planning and design, 50 miles directly involve Black & Veatch. Jacobs is involved in the development of more than 150 miles of water, wastewater and combined sewer overflow tunnels around the world, the article said. While transportation tunnel projects tend to make headlines, they are reportedly outnumbered by the number of water tunnels being planned and built.

 

Enviroscan brings geo mapping services to RETTEW
RETTEW Associates Inc. (Lancaster, Pa.) has added geophysics to its services with the acquisition of Enviroscan Inc. (Lancaster, Pa.), a company dedicated to underground and underwater detection and mapping. RETTEW and Enviroscan have worked together on many projects but will now operate as a single entity under one roof. Enviroscan’s services integrate with RETTEW’s existing earth science services, which include geotechnical, environmental, water resources, and subsurface utility engineering investigations. RETTEW was founded in 1969 and employs more than 350 professionals across 11 offices.

 

Veolia’s U.S. industrial services business is sold to Clean Harbors
The U.S. Industrial Cleaning Services Division (Houston) of Veolia Environmental Services North America LLC, a subsidiary of Veolia North America Inc., has been sold to Clean Harbors Inc. (Norwell, Mass.). Veolia’s U.S. Industrial Cleaning Services Division is a national provider of industrial cleaning services that generated 2017 revenue of approximately $210 million. The Division has more than 60 locations, many of them inside customer facilities, and provides industrial vacuuming, hydro-blasting, tank cleaning, chemical cleaning, waste management, decontamination, and transportation.

For more information on top environmental companies and industry information, visit our Environmental C&E Industry Report.

 

Kuraray completes acquisition of Calgon Carbon
Kuraray Co. Ltd. (Tokyo, Japan) has completed its acquisition of Calgon Carbon Corporation (Pittsburgh, Pa.). As a separate subsidiary, Calgon Carbon will be reported as part of the Functional Materials Company of Kuraray, along with Kuraray’s Carbon Material Business Division. Randy Dearth, Calgon Carbon’s president and CEO, and other members of the Calgon Carbon executive management team will continue in their roles. A global leader in the manufacture and distribution of coal-, wood- and coconut-based activated carbon products, Calgon Carbon provides purification solutions for drinking water, wastewater, pollution abatement, and industrial and commercial manufacturing processes. Calgon Carbon’s net sales for 2017 were $619.8 million compared to $514.2 million in 2016.

 

Joint venture will develop roadmap for sustainable growth at Atlanta International Airport
Haley & Aldrich (Burlington, Mass.), an engineering and environmental consulting firm, and Jacobsen|Daniels (Detroit, Mich.), an airport consulting and operations firm, have been awarded a multimillion dollar, multi-year contract to work with the City of Atlanta’s Department of Aviation through a joint venture arrangement. The joint venture will develop and implement a comprehensive sustainability, facilities, and asset management strategy for Hartsfield-Jackson Atlanta International Airport, helping the city develop a long-term roadmap for sustainable growth at the world’s busiest airport. The joint venture involves 13 other specialized engineering, environmental, and airport planning firms.

For more information on top environmental companies and industry information, visit our Environmental C&E Industry Report.

 

Miller Environmental acquires Belco Industrial Services
Miller Environmental Services (Corpus Christi, Texas), a provider of industrial cleaning and environmental services and a portfolio company of Trinity Hunt Partners, has acquired Belco Industrial Services (Prairieville, La.), a supplier of specialty industrial services in Texas and Louisiana. The transaction will allow Miller to expand its services into the chemicals market, in which Belco has deep customer relationships. Mike Rose, current CEO of Belco, has been appointed as the COO of the combined Miller and Belco business following the acquisition. “The partnership with Belco represents a compelling opportunity to significantly expand our service offerings to refineries and petrochemical, specialty chemical and midstream customers throughout the Gulf Coast,” said Miller CEO Kevin Trant.

 

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For more information on top environmental companies and industry information, visit our Environmental C&E Industry Report.