United Water will collaborate with Nassau County officials to select an investor that will support the County in reducing its debt and improving its wastewater system through investments in infrastructure.
United Water CEO Bertrand Camus said, "We have a long and proud history of service excellence in the many communities we serve throughout the United States. We will bring that expertise to help make the necessary improvements to Nassau County’s wastewater system."
The arrangement is subject to final approval by the Nassau County Legislature and ensure recurring savings for Nassau County.
Upon completion of the arrangement, the company will operate and maintain three wastewater treatment plants, 53 pumping stations and 3,000 miles of pipes, as well as manage and deliver capital upgrades.
It is anticipated that United Water will start operating and improving the facilities in early 2013.
The company intends to focus on environmental performance and improvement to the services delivered to one million people in Nassau County.
