H2O Innovation Wins an Operation and Maintenance Contract in Western Canada worth $4.5 Million

H20 Innovation (TSXV:HEO) has announced it has won an operation and maintenance contract in Alberta totaling $4.5 million over a five-year period.
As quoted in the press release:

This contract brings the Corporation’s O&M business backlog to $64.2 M, excluding the projects sales backlog.
Services performed by H₂O Innovation will be related to daily operation, monitoring and maintenance of water and wastewater systems located within the Kananaskis Region of Alberta. The contract consists of the operation and maintenance of eleven (11) potable water treatment systems and two (2) wastewater treatment systems with twenty-eight (28) sewage lift stations. One of the plants H₂O Innovation will operate under this contract is a membrane filtration system which was supplied by the Corporation back in 2007.
“Over the years, H₂O Innovation has installed hundreds of membrane filtration systems in Canada, all of which would be great opportunities to expand our O&M platform in the country. This project in the Kananaskis region should pave the way for future operation and maintenance contracts”, added Greg Bishop – Corporate Client Service Manager of Utility Partners, the operation and maintenance business line of H₂O Innovation.
“We are very excited about this large-scale operation and maintenance project in Canada. We have leveraged combined strength of Utility Partners and our capital equipment project team to accelerate our growth and develop new territories for our O&M business line”, stated Ryan Waldie, Vice President – Business Development & Strategic Partnership of H₂O Innovation.

Click here to read the full press release.