Water Utility industry news provided by Financial News USA (OTC: FNWU). In a presentation to the National Association of Regulatory Utility Commissioners, Aqua America, Inc. (NYSE:WTR) Chairman and Chief Executive Officer Nicholas DeBenedictis suggested that investor-owned water utilities could play a key role in resolving the infrastructure needs of the nation's water industry. The remarks were made during the organization's annual conference, which is being held this week in Washington, D.C. Pennichuck East Utility Co., a wholly-owned subsidiary of Pennichuck Corporation (Nasdaq:PNNW), recently announced that it has acquired a newly constructed community water system in Bow, NH. The system provides water service to 120 customers in a new subdivision known as Stone Sled Farm. Pennichuck Vice President, Bernard Rousseau, said, "Bow is a growing community where we have acquired several water systems and operating contracts for community water systems that have come on line."
Basin Water, Inc. (Nasdaq:BWTR) recently announced that on Wednesday, February 21, 2007, the Company will present at the Roth Capital Partners 19th Annual O.C. Conference, which is being held at The Ritz Carlton in Laguna Niguel, California. The presentation will begin at 11:30 AM Pacific Time. Basin Water, Inc. designs, builds and implements systems for the treatment of contaminated groundwater, providing reliable sources of drinking water for many communities. Shine Holdings, Inc. (Other OTC:SHDG) identified wastewater treatment plants as a target market for the company's patent pending process for hormone removal in water. The United States has approximately 16,000 operating wastewater treatment systems. Presently, most of these facilities allow the hormones and medications taken by individuals to be passed, unfiltered, back into larger bodies of water.
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