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EBI News for February 17, 2021- How 2020 Effected the Superfund Trust

EBI News for February 17, 2021- The following section contains the latest news stories in the environmental industry. Including how 2020 effected the superfund trust, acquisitions, and more!

 

 

Jacobs announces fiscal first quarter results

Jacobs Engineering Group Inc. (Dallas) reported revenue of $3.4 billion in fiscal first quarter ended January 1, 2021, up 0.6% year-over-year; pro forma net revenue was flat. Backlog increased by $2.4 billion to $25.1 billion, up 11% year-over-year and up 7% on a pro forma basis. Recent award wins in the U.S. environmental market included Orange County Solid Waste Master Plan and Las Virgenes Municipal Water District watershed digital twin. Jacobs also announced delivering on its commitment to achieve 100% renewable energy for its operations in 2020 and net zero carbon for operations and business travel.

Applied Ecological Services joins RES

Resource Environmental Solutions (RES, Houston) has acquired Applied Ecological Services (AES, Brodhead, Wis.), one of the nation’s oldest ecological restoration firms. Founded in 1978, AES provides ecological consulting, design, and restoration contracting throughout North America from 17 locations across the Midwest. AES will maintain its leadership and all consulting and operational staff and services as part of RES. “The AES team shares our views on what makes effective restoration and the importance of nature-based solutions. Together, we can… provide more science-based solutions to critical projects at the municipal level, and deliver larger-scale mitigation to support major infrastructure projects,” said Darrell Whitley, RES president and CEO. RES was founded in Louisiana in 2007 and received a major investment from KKR in 2016.

Can nanotech and microbes partner to destroy PFAS?

Researchers from the University at Buffalo (UB) and University of Pittsburgh are teaming to develop advanced catalytic carbon-metal nano-materials that react with and snip PFAS, and to identify and isolate bacteria capable of consuming the sliced-up toxins, according to an article in UBNow. “Sometimes when these chemicals degrade they get cut into two pieces, but these pieces are now more toxic or problematic. So yes, you got rid of Chemical A, but then you’ve produced B and C. In our research, we will know what the byproducts are and how the PFAS are interacting with the nano-materials and microbes,” said Diana Aga, PhD, Henry M. Woodburn Professor of Chemistry at UB. “Our goal is to be able to predict exactly where the molecule will degrade and how it will degrade. We can use this knowledge to optimize the degradation process, designing a highly efficient system.” The study is funded by a $1.5 million grant from the National Institute of Environmental Health Sciences’ Superfund Research Program.

CHA Consulting acquires Reiss Engineering

CHA Consulting, Inc. (Albany N.Y.), an engineering consulting and construction management firm, has acquired Reiss Engineering (Winter Springs, Fla.), an engineering and consulting firm specializing in water and wastewater solutions with 40 employees and four offices in central Florida. “The joining of CHA and Reiss Engineering expands our water/wastewater capabilities into the growing Florida infrastructure market while providing both teams greater resources and reach into the Southeast,” said Jim Stephenson, CEO of CHA Holdings.

Dewberry awarded Alaska coastal mapping contract

Dewberry (Fairfax, Va.) has been awarded a task order by National Oceanic and Atmospheric Administration (NOAA) to help plan and implement the Alaska Coastal Mapping Strategy (ACMS). Dewberry will provide geospatial and technology services. The ACMS addresses the need for coastal and near-shore elevation and imagery data to support Alaska and federal coastal mapping; data is used for a range of applications from informed management of coastal lands to safe navigation, responsible energy exploration, and climate change mitigation strategies.

Rise Fund acquires Element Markets

The Rise Fund, managed by alternative asset firm TPG, has acquired a majority stake in Element Markets LLC (Houston), an independent marketer of renewable natural gas and environmental commodities in North America. Founded in 2005, Element Markets provides greenhouse gas reductions via offsets and renewable natural gas to several Fortune 100 companies. Element has transacted over 50,000,000 tonnes of greenhouse gas credits. The acquisition is Rise Fund’s second in the climate and renewable energy space within the past six months. In July 2020 it acquired 1 gigawatt of solar PV projects from Trina Solar to anchor the portfolio of newly created Madrid-based Matrix Renewables. Element Markets was a recipient of a 2020 CCBJ Business Achievement Award.

Superfund construction completions fall to 10 in 2020

From 1999 to 2020, annual Superfund appropriations decreased by more than a billion dollars from $2.3 billion to just under $1.2 billion in constant 2020 dollars, according to uspirg.org. From 1991 to 2000, when the Superfund Trust was at its highest balance, each year saw an average of 71 construction completions. From 2011-2020, that number fell to an average of 12 construction completions each year. In FY 2020, construction was completed at only 10 sites; 34 construction projects did not begin in FY 2020 because of a lack of funding, uspirg reported. The Superfund Trust reached its peak balance of $4.7 billion at the start of FY 1997. At the start of FY 2020, the Trust had a balance of $225 million.

Intera acquires Cook Joyce

Intera Incorporated (Austin, Texas), a geosciences and engineering consulting firm, has acquired Cook Joyce Inc. (CJI, Austin, Texas), an environmental consulting firm established in 1983, expanding Intera’s capabilities in environmental compliance and permitting related to air quality, stormwater, wastewater quality, and waste management. Intera and CJI have collaborated on numerous environmental projects in Texas over the last 30 years. The acquisition will enable Intera to leverage CJI’s skills and services to municipal, state, and private sector clients across 13 U.S. offices.

States recognize role of recyclers in critical manufacturing supply chain

Following the advocacy efforts of the Institute of Scrap Recycling Industries (ISRI) and its chapters, the states of Massachusetts, Alabama, Indiana, Georgia, and Tennessee have acknowledged the essential benefits of the recycling industry through the passage of essential economic contribution resolutions. The resolutions reference recycling’s role as the first link in the manufacturing supply chain, providing critically essential resources in the fight against Covid-19, and in keeping the states’ manufacturing industries supplied while preventing valuable raw materials from entering landfills. ISRI members in other states are also working with their representatives to get similar resolutions passed.

Warrior Technologies files for IPO

Warrior Technologies Acquisition Co. (Midland, Texas), a newly organized blank check company targeting business in the environmental services sector with strong environmental, social and governance (ESG) practices, filed in February with the SEC to raise up to $200 million in an initial public offering. The company is led by CEO, CFO, and Chairman H.H. “Tripp” Wommack III, the founder and CEO of Warrior Technologies LLC, a specialist in industrial and environmental cleaning. He also previously founded Petro Waste Environmental, Southwest Royalties and Saber Resources, and led their sales to Waste Management, Clayton Williams Energy and Celero Energy, respectively.

Alliance acquires stack-testing company Aeros Environmental

Align Capital Partners’ environmental services platform Alliance Holdings LLC (Decatur, Ala.) has acquired Aeros Environmental Inc. (Bakersfield, Calif.). Aeros provides source emission testing services throughout the Western United States. Aeros marks Alliance’s seventh acquisition since partnering with Align Capital in 2016. Alliance has 19 offices across 11 states providing air emissions testing and monitoring throughout the United States. The deal builds on Alliance’s acquisition of Almega Environmental of Cypress, Calif. in November 2020.

Batta Environmental wins water quality project serving Mexico City

Batta Environmental (Newark, Del.) has received a U.S. Trade and Development Agency grant-funded contract award to provide environmental engineering services for Conagua, the National Water Commission of Mexico. The initial phase of the project totals $540,000. The second stage is estimated at $10 million. The project focuses on technical assistance and front-end engineering design for water quality improvement in the Valle de Bravo reservoir, which is responsible for a portion of Mexico City’s drinking water supply.

Universal Engineering Sciences strengthens Western expansion

Universal Engineering Sciences (Orlando, Fla.), a national provider of geotechnical engineering, construction materials testing, and environmental consulting, has acquired Construction Testing & Engineering, Inc. (CTE, Escondido, Calif.). CTE provides geotechnical environmental and civil engineering in addition to inspection and materials testing to the construction business and has 150 employees, with locations in San Diego/Escondido, Chula Vista, Riverside and Ventura/Oxnard, strengthening UES’s presence in California. UES recently acquired Wallace-Kuhl & Associates in Northern California and operates an office in Irvine.

Arcadis chooses new London office in Covid response

Arcadis has become one of the first of the big consultants in the UK to rejig its office requirements because of the Covid-19 pandemic, moving out of its King’s Cross office in London into new space in the City of London, according to an article in Building magazine (building.co.uk) in February. Arcadis UK chief executive Mark Cowlard said its new base in the City had been picked to reflect the way working habits had changed since the pandemic, and “our aim is to give people choice about where and how they work in future.” The magazine also confirmed that Aecom is reviewing how much office space it needs at its London head office.

NYC awards ICF $30M commercial energy efficiency contract

The New York City Department of Environmental Protection recently awarded ICF (Fairfax, Va.) a $30 million contract, which includes both re-compete and new program elements, to continue and expand implementation of the City’s energy efficiency, water conservation and clean energy programs for existing and new commercial buildings. The contract has a term of three years plus two additional one-year options to extend.

 

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