Articles from H2O Innovation Inc.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce the official opening, on April 22nd, of the WaterHub® facility at the Reynolds Operations Center in Tobaccoville, a groundbreaking advancement in industrial water recycling and sustainability. This milestone reflects our shared commitment with Reynolds to revolutionize water stewardship by enabling the recycling of over 60 million gallons of water annually. Through this innovative approach, Reynolds will achieve approximately a 40% reduction in water withdrawn and more than 90% decrease in wastewater discharge, setting a new industry benchmark for reducing water footprints.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that the Be Water Positive sailing campaign, led by Canada Ocean Racing, in partnership with H2O Innovation and the International Desalination and Reuse Association (IDRA), has been awarded the 2025 WateReuse Award for Excellence in the Outreach and Education category.

H2O Innovation Inc. ("H2O Innovation" or the “Corporation”) today announced that it is launching the largest university facility campus in the United States of America. H2O Innovation is pairing with the University of Texas (UT) at Austin in putting a revolutionizing 9,600-square-foot water processing facility on the University campus. Called WaterHub®, it is an onsite wastewater treatment and reuse facility that can be deployed at a wide variety of sites such as universities but also including hospitals, and other commercial & industrial locations.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce the award of several capital equipment projects to its Water Technologies & Services (WTS) business line. This is the result of the strong work of our team and commitment towards delivering top of the class solutions to our clients.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to have unveiled, with its partners MegaVessels Water Inc. and Harbin ROPV Industrial Co., Ltd., the visual and specifics of the Mega-Vessel Membrane System for Reverse Osmosis (RO) applications (the “Mega-Vessel”).

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce the expansion and extension of its strong presence in the Middle East region. Through its partner and distributor Dutco Tenant LLC (DUTCO), H2O Innovation will continue to maintain its solid position as the exclusive RO membrane antiscalant supplier to the Taweelah water desalination plant, owned by ACWA Power and operated by their O&M arm NOMAC, established near Abu Dhabi in the United Arab Emirates.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce an agreement with MegaVessels Water Inc. and Harbin ROPV Industrial Co., Ltd., granting the Corporation an exclusive license to manufacture and sell the Mega-Vessel Membrane System for Reverse Osmosis (RO) applications (the “Mega-Vessel”), worldwide.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) today announced that it has acquired NextEra Distributed Water (the “Business”) via a carve-out transaction. Going forward, the Business and its portfolio of sustainable wastewater treatment and reuse projects will operate under the H2O Innovation brand as its newly formed Water Infrastructure & Development business line.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) and Cycle Capital announce the initial close of Cycle H2O Fund, a watertech venture capital fund with a targeted size of C$30 million fund dedicated to investing in innovative water technologies. The Government of Québec, through Investissement Québec, acted as anchor investor and was joined by Boann Capital, Fonds Climat du Grand Montréal, The Atmospheric Fund, a number of family offices, and private investors as limited partners.

H2O Innovation inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has acquired an industrial building and land adjacent to its Ham-Nord plant, which will allow the Corporation to expand its manufacturing activities in Quebec. With this acquisition, H2O Innovation will be adding 10,000 sq. ft. of production space to its plant, as well as 32,000 sq. ft. of outdoor storage space. H2O Innovation had already been leasing a portion of this space for several years from VIVACO groupe coopératif.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has entered into an agreement with National Bank of Canada, acting as lead arranger, sole bookrunner, administrative agent and Sustainability Structuring Agent of a syndicate of three banks including Scotiabank and the Toronto-Dominion Bank, to increase the Corporation’s revolving credit facility to $85M, a rise of $30M since the previous loan increase. H2O Innovation’s inaugural Blue Loan was inspired by the Guidelines for Blue Finance developed by the International Finance Corporation in January 2022 and is specifically designed to support investment in ocean-friendly projects and critical clean water resource protection.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce the conclusion of a cooperation framework agreement granting the Corporation the exclusive right to sell ROTEC (“ROTEC”) proprietary desalination Flow Reversal (FR) technology in the North American biofuels market.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies and Services (WTS) business line obtained eight new water treatment contracts over the past few months. These latest projects are in line with the Corporation’s dedication to the Water Positive initiative and with its ongoing commitment to enhancing sustainable water management practices.

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has sold its super-concentrated antiscalants with reduced CO2 footprint to over 25 desalination plants, including 7 mega plants, around the world since 2021.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces the completion of the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP (“Ember”), a New York-based private equity firm, of all of the issued and outstanding common shares in the capital of H2O Innovation (the “Shares”), other than the Shares rolled over by Investissement Québec (“IQ”), Caisse de dépôt et placement du Québec and certain key executives of the Corporation, for C$4.25 in cash per Share (the “Consideration”), pursuant to a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces that the Superior Court of Québec issued on December 1, 2023 a final order in connection with the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, of all of the issued and outstanding common shares in the capital of H2O Innovation (the “Shares”), other than the Shares to be rolled over by Investissement Québec, Caisse de dépôt et placement du Québec and certain key executives of the Corporation, for C$4.25 in cash per Share, pursuant to a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces that its shareholders (the “Shareholders”) have approved the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, of all of the issued and outstanding common shares in the capital of H2O Innovation (the “Shares”), other than the Shares to be rolled over by Investissement Québec, Caisse de dépôt et placement du Québec and certain key executives of the Corporation (collectively, the “Rollover Shareholders”), for C$4.25 in cash per Share, pursuant to a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Maple business line has launched a brand-new transactional website through which producers can now purchase maple syrup equipment.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) have recommended shareholders to Vote FOR the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, of all of the issued and outstanding common shares in the capital of H2O Innovation (the “Shares”), other than the Shares to be rolled over by Investissement Québec, Caisse de dépôt et placement du Québec and certain key executives of the Corporation, for C$4.25 in cash per Share, pursuant to a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces its financial results for the first quarter of its fiscal year 2024 ended September 30, 2023.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it is relocating its Cypress and Spring Operation & Maintenance (O&M) offices into a single and larger industrial facility to better serve its clients and expand its market presence in the Houston area.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces the expiration of the 30-day “go-shop” period provided for in the arrangement agreement dated October 3, 2023 (the “Arrangement Agreement”) entered into in connection with the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, of all of the issued and outstanding common shares in the capital of H2O Innovation (the “Shares”), other than the Shares to be rolled over by Investissement Québec, Caisse de dépôt et placement du Québec and certain key executives of the Corporation, for $4.25 in cash per Share, pursuant to a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces that it will release its financial results for the first quarter of fiscal year 2024 on Tuesday, November 14, 2023, at approximately 8:00 a.m. (EST).

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces that the Superior Court of Québec (the “Court”) issued on October 27, 2023 an interim order (the “Interim Order”) in connection with the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, of all of the issued and outstanding common shares in the capital of H2O Innovation (the “Shares”), other than the Shares to be rolled over by Investissement Québec, Caisse de dépôt et placement du Québec and certain key executives of the Corporation (collectively, the “Rollover Shareholders”), for $4.25 in cash per Share, pursuant to a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act. Among other things, the Interim Order authorizes the Corporation to call, hold and conduct a special meeting (the “Meeting”) of holders (the “Shareholders”) of Shares to consider the Arrangement.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) has announced the meeting and record dates for the special meeting of shareholders (the “Acquisition Meeting”) to be held in connection with the acquisition by Ember SPV I Purchaser Inc., an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, of all of the issued and outstanding common shares in the capital of the Corporation (the “Shares”), other than the Shares to be rolled over by Investissement Québec, Caisse de dépôt et placement du Québec and certain key executives of the Corporation, pursuant to a statutory plan of arrangement (the “Arrangement”) in accordance with the Canada Business Corporations Act. The Corporation intends to hold the Acquisition Meeting to consider the Arrangement on November 28, 2023. The record date for the Acquisition Meeting will be October 24, 2023. The Corporation’s Board of Directors has unanimously recommended that its shareholders vote FOR the special resolution approving the Arrangement.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Operation & Maintenance (O&M) business line obtained three new contracts and secured four renewals of existing contracts, while its Water Technologies & Services (WTS) business line was recently awarded five new contracts. The new and renewed business, with a total value of $35.5 M, increases the O&M backlog to $167.1 M and the WTS backlog to $83.1 M, bringing the consolidated backlog to $250.0 M.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces its financial results for the fourth quarter and fiscal year ended June 30, 2023.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is providing an update on its Maple business line given challenging market conditions during the fiscal fourth quarter 2023. The Corporation is pursuing its strategy to diversify and expand its Maple business line within the agri-food market.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business line was recently awarded four new contracts, including two industrial and two municipal projects. These new contracts, driven by the increasing demand for water treatment systems and the uniqueness of H2O Innovation’s FiberFlexTM technology, amount to $13.6 M and increase the Corporation’s WTS backlog to $76.7 M, its highest value to date.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business was recently awarded three new water treatment projects, including drinking water, wastewater, and water reuse applications, totalling $8.5 M. These projects speak to the growing demands for water needs of all kinds and increase the WTS backlog to $64.0 M.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has recently obtained the ISO 9001:2015 certification for its PWT facility located in Vista, California, ensuring quality management in all processes around its specialty chemicals manufacturing.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce the successful award of two new contracts for industrial clients as well as the extension of three existing contracts for the operation and maintenance (O&M) of water and wastewater treatment systems. These projects, with a combined annual value of $4.6 M, bring the Corporation’s O&M backlog to $130.1 M, further solidifying its position in the industry.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces that it has provided its support to a community in Northern Alberta by expanding their emergency drinking water supply within a few weeks only.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to launch its mobile fleet of water and wastewater treatment systems and secure three new leasing contracts totalling $3.4 M. This new service offering will require CAPEX investment, which is made possible by the recent agreement with National Bank of Canada on June 30, 2023. This agreement led to a $10 M increase in the Corporation’s Blue Loan credit facility, which now stands at $75 M. This strategic initiative should enable H2O Innovation to broaden its range of services, strengthen its customer relationships through the sale of consumables required to operate the fleet assets, and thus improve its profit margins.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that it has recently received two large coupling orders and that it is experiencing a breakthrough in the Israeli desalination market. These new milestones demonstrate continued momentum with the Corporation’s growth over the last year and support its efforts towards providing its clients with sustainable solutions for pretreatment in desalination and reuse.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has recently been awarded three new operation and maintenance (O&M) service contracts and has extended seven existing contracts. These projects have a total value of $5.4 M, bringing the Corporation’s O&M backlog to $147.7 M.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces its financial results for the third quarter of its fiscal year 2023 ended March 31, 2023.

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces that it will release its financial results for the third quarter of fiscal year 2023 on Thursday, May 11, 2023, at approximately 8:00 a.m. (EDT).

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business line has recently been awarded eight new water and wastewater treatment projects, including six industrial projects. These new contracts, with a total value of $8.4 M, increase the WTS backlog to $56.0 M.

QUEBEC CITY, March 30, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that its Operation and Maintenance (O&M) business line has received two recognition awards, which speak to the team’s continued dedicated service and great performance.

QUEBEC CITY, March 28, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has successfully performed a cleaning-in-place for cartridge filters at a water treatment facility using its Genesys-PWT membrane cleaners. This new cleaning method could prevent water treatment facilities from disposing of millions of cartridge filters each year, thereby helping them reduce their plastic waste and achieve their sustainability objectives.

QUEBEC CITY, March 02, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to sponsor a beer developed in collaboration with Fox City Brewing made with purified recycled water from Las Virgenes Municipal Water District (LVMWD). Attendees of the 2023 WateReuse Symposium will be offered the opportunity to taste the beer, which is called Revival Lager. The event will be held in Atlanta, GA, from March 5th through the 8th, 2023.

QUEBEC CITY, Feb. 15, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces the appointment of Mr. Leonard F. Graziano as a member of its Board of Directors, effective on February 13, 2023. Mr. Graziano has been serving on H2O Innovation's Strategy, Innovation and Large Projects Committee (the "Strategy Committee") as an external advisor for the last six years.

Sustained Revenue Growth Driven by 27% Organic Growth

All amounts are in Canadian dollars unless otherwise stated.

All amounts are in Canadian dollars unless otherwise stated.

QUEBEC CITY, Jan. 31, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces that it will release its financial results for the second quarter of fiscal year 2023 on Tuesday, February 14, 2023, at approximately 8:00 a.m. (EST).

All amounts are in Canadian dollars unless otherwise stated.

QUEBEC CITY, Dec. 07, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) held its Annual General Meeting of Shareholders (the “Meeting”) yesterday morning. The shareholders elected or re-elected the following directors to the Corporation’s Board of Directors: Lisa Henthorne, Chairwoman of the Board of Directors, Frédéric Dugré, President and Chief Executive Officer of H2O Innovation, Pierre Côté, Stéphane Guérin, Richard Hoel, Bertrand Lauzon, Caroline Lemoine and Elisa M. Speranza. An update on the 3-Year Strategic Plan was also provided by upper management.

All amounts are in Canadian dollars unless otherwise stated.

All amounts are in Canadian dollars unless otherwise stated.

QUEBEC CITY, Nov. 23, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – Lisa Henthorne, Chairwoman of the Board, and Frédéric Dugré, President and Chief Executive Officer, are pleased to invite the shareholders of H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) and all other interested parties to attend the Annual General Meeting of the Shareholders (the “Meeting”), which will be held, in person, at the Corporation’s registered office located at 330, rue St-Vallier Est, Suite 340, Quebec City, Quebec, G1K 9C5, on Tuesday, December 6, 2022, at 10:30 a.m. (Eastern Time).

Record Revenues of $56.1 M, Driven by 25% Organic Growth

QUEBEC CITY, Nov. 07, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Maple business line is launching the H2GOTM container, a self-service store housed inside a container and accessible 24 hours a day, 7 days a week. This is the first innovation of its kind in the North American maple syrup industry.

QUEBEC CITY, Oct. 27, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces that it will release its financial results for the first quarter of fiscal year 2023 on Thursday, November 10, 2022, at approximately 8:00 a.m. (EST).

Key Financial Highlights