H2O Innovation: Utility Partners Renews Two Operation and Maintenance Contracts

H₂O Innovation (TSXV:HEO) has announced that Utility Partners, its business line operation and maintenance services in the US, has renewed two operation and maintenance contracts and extended the scope of two municipal contracts totalling $5.1. million.
As quoted in the press release:

Utility Partners renewed two (2) municipal operation and maintenance contracts in the States of California and New Hampshire, for an additional five (5) years each. UP also extended the scope of work of two (2) existing municipal contracts, located in the States of Georgia and New Hampshire. These scope expansions include, respectively, the billing and collection services as well as the septage receiving station monitoring.
“Now fully integrated into H₂O Innovation, the UP team is now focused on renewing contracts and keeping the business growing. It is essential for us to be able to evolve with our existing customers’ needs, which is why we offer them a diversified and integrated range of services with in depth water and wastewater expertise. The last year has shown that our added value services generate greater customer retention as well as multiple cross selling opportunities”, statedFrédéric Dugré, President and CEO of H₂O Innovation.

Click here to read the full press release.