logo
Water-as-a-Service®: Partnering for long-term water and wastewater security in Florida

Water-as-a-Service®: Partnering for long-term water and wastewater security in Florida

Florida's burgeoning population, now exceeding 23 million and still climbing, places an undeniable and increasing burden on a water infrastructure often dating back decades. This isn't just a matter of numbers; it's a critical juncture for the Sunshine State's security and prosperity. But amid these challenges, Water-as-a-Service® emerges as a promising path forward — a strategic partnership designed to ensure long-term water security.
The state's aging water infrastructure — much of which was built decades ago — is under immense strain and escalating maintenance costs. Municipalities must also meet regulatory requirements enforced by the Florida Department of Environmental Protection and the U.S. Environmental Protection Agency (EPA), which may necessitate costly system upgrades.
Facing these mounting pressures, Florida's growing communities need sustainable water solutions, but navigating infrastructure, regulations and maintenance challenges can feel like an overwhelming responsibility. Water-as-a-Service® (WaaS®) offers municipalities a trusted partnership that combines expert guidance, operational support and long-term reliability, ensuring compliance and efficiency for a secure water future.
This innovative Water-as-a-Service® model, pioneered by Tampa-based Seven Seas Water Group, offers a refreshing alternative. Instead of the burden of ownership, municipalities gain access to a fully operational water treatment solution for a predictable monthly fee. Unlike traditional financing models that require significant capital outlay, WaaS® requires no upfront investment, and there are no unexpected costs. Instead, customers receive a guaranteed quantity and quality of water, or wastewater service, for a fixed monthly fee.
Access to water and wastewater specialists
expand
With a Seven Seas WaaS® partnership, municipalities and developers gain access to a dedicated team of seasoned water specialists and cutting-edge technologies.
.
With a Seven Seas WaaS® partnership, municipalities are supported by a team of water specialists — seasoned experts who not only navigate the complexities of system design and permitting but also shoulder the responsibility of ensuring unwavering compliance with all safety, environmental and public health regulations. Developers and municipalities get access to cutting-edge technologies, future-proofing their water infrastructure in the process.
WaaS® gives customers the peace of mind that operations and maintenance are in the hands of seasoned professionals, leaving them free to concentrate on other responsibilities without having to worry about managing day-to-day plant operations.
This model directly tackles the significant operational burdens that often weigh heavily on municipalities: navigating tight budgets, overcoming capacity limitations, the complexities of staff management and dealing with unexpected expenses. Seven Seas manages and maintains all aspects of the plant, saving customers the time, hassle and expense associated with plant ownership.
Because municipalities pay for the volume of water or wastewater we treat, it's in our best interest to ensure our plants operate optimally with minimal downtime. In addition to scheduled maintenance, we continuously monitor and optimize processes to ensure efficiency and compliance. This proactive approach significantly minimizes the risk of costly system failures and ensures consistent compliance, safeguarding the community's water supply and the municipality's reputation.
Alternative water supplies
expand
For Florida communities grappling with dwindling traditional water supplies and saltwater intrusion, Water-as-a-Service® offers a crucial lifeline by providing access to alternative water sources.
.
For Florida communities facing the dual threats of dwindling traditional water supplies — often overtaxed groundwater reserves — and the encroaching danger of saltwater intrusion along coastal regions, Water-as-a-Service® offers a vital lifeline: access to alternative water sources.
The experience of Alice, Texas, provides a real-world example of how WaaS® can benefit communities in a state that faces water challenges similar to Florida's: increasing demand, aging infrastructure and the need for a resilient water supply. To improve drought resilience, Alice, which had been shipping in raw fresh water from 20 miles away, entered into a Water-as-a-Service® partnership with Seven Seas that allowed them to tap into a cheaper alternative water source, the abundant supply of brackish groundwater. This demonstrates how WaaS® can provide a resilient solution to water scarcity, a growing concern in Florida.
Smart financing for a sustainable future
This collaborative framework allowed Alice to leverage funding secured from a state revolving fund (SRF) for the initial infrastructure development, which involved completing source wells and distribution pipelines. The city then opted for a WaaS® solution to finance the construction of a brackish water desalination plant, capable of producing 3 million gallons of raw water per day.
At the end of the 15-year contract, plant ownership will transfer to the city. By choosing WaaS®, the city is set to receive a guaranteed volume of raw water at a fixed price per 1,000 gallons, solving its water woes with no upfront capital investment.
Seven Seas Water Group, headquartered right here in Tampa, Florida, understands the unique water challenges facing communities across this state, and we deliver decentralized water and wastewater treatment solutions tailored to their needs. Municipalities facing infrastructure, compliance and maintenance challenges are encouraged to explore WaaS® as a means to overcome these challenges.
By embracing Water-as-a-Service®, you're not just addressing immediate needs; you're investing in the long-term water security and resilience of your community. Explore how Water-as-a-Service® can secure your community's water future.
Seven Seas Water Group, based in Tampa, provides more than 20 billion gallons of water annually across the Americas. Specializing in decentralized Water-as-a-Service® solutions, Seven Seas designs, builds, operates and upgrades facilities to optimize public-private risk transfer and address global water and wastewater infrastructure challenges for diverse sectors.
Erik Arfalk is the senior vice president of Business Development and Marketing at Seven Seas Water Group. With over 20 years of international strategy and business development experience from companies like GE, Atlas Copco and Fluence Corporation, Arfalk currently leads strategic growth and branding initiatives for Seven Seas.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Calavo (NASDAQ:CVGW) Reports Sales Below Analyst Estimates In Q1 Earnings, Stock Drops 15.3%
Calavo (NASDAQ:CVGW) Reports Sales Below Analyst Estimates In Q1 Earnings, Stock Drops 15.3%

Yahoo

time29 minutes ago

  • Yahoo

Calavo (NASDAQ:CVGW) Reports Sales Below Analyst Estimates In Q1 Earnings, Stock Drops 15.3%

Fresh produce company Calavo Growers (NASDAQ:CVGW) fell short of the market's revenue expectations in Q1 CY2025 as sales rose 3.3% year on year to $190.5 million. Its non-GAAP profit of $0.40 per share was 25% below analysts' consensus estimates. Is now the time to buy Calavo? Find out in our full research report. Revenue: $190.5 million vs analyst estimates of $192.8 million (3.3% year-on-year growth, 1.1% miss) Adjusted EPS: $0.40 vs analyst expectations of $0.53 (25% miss) Adjusted EBITDA: $11.4 million vs analyst estimates of $14.74 million (6% margin, 22.7% miss) Operating Margin: 4%, in line with the same quarter last year Market Capitalization: $493.7 million 'Our second fiscal quarter performance reflects the strength of our commercial strategy and disciplined operational execution amid continued volatility in the avocado market. Revenue grew year-over-year, driven by strong pricing performance,' said Lee Cole, President and Chief Executive Officer of Calavo Growers, Inc. A trailblazer in the avocado industry, Calavo Growers (NASDAQ:CVGW) is a pioneering California-based provider of high-quality avocados and other fresh food products. A company's long-term performance is an indicator of its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. With $694.5 million in revenue over the past 12 months, Calavo is a small consumer staples company, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and negotiating leverage with retailers. As you can see below, Calavo's demand was weak over the last three years. Its sales fell by 15.8% annually, a tough starting point for our analysis. This quarter, Calavo's revenue grew by 3.3% year on year to $190.5 million, falling short of Wall Street's estimates. Looking ahead, sell-side analysts expect revenue to decline by 1.8% over the next 12 months. it's tough to feel optimistic about a company facing demand difficulties. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. If you've followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can't use accounting profits to pay the bills. Calavo broke even from a free cash flow perspective over the last two years, giving the company limited opportunities to return capital to shareholders. We struggled to find many positives in these results as Calavo fell short of Wall Street's estimates across all key metrics. Overall, this quarter could have been better. The stock traded down 15.3% to $23.42 immediately after reporting. The latest quarter from Calavo's wasn't that good. One earnings report doesn't define a company's quality, though, so let's explore whether the stock is a buy at the current price. If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Culp Enters Into Multi-Year Agreement With Largest Shareholder
Culp Enters Into Multi-Year Agreement With Largest Shareholder

Business Wire

time31 minutes ago

  • Business Wire

Culp Enters Into Multi-Year Agreement With Largest Shareholder

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP), a leading provider of fabrics for bedding and upholstery fabrics for residential and commercial furniture, announced today that it has entered into a new, multi-year cooperation agreement with its largest shareholder, Seattle-based 22NW, LP. Among other voting, governance and standstill provisions, 22NW will provide its voting support to CULP at its 2025 and 2026 Annual Meetings of Shareholders pursuant to the agreement. In addition, new independent director candidates, Doug Collier and Lynn Heatherton will be nominated for election to the Company's board of directors at its 2025 and 2026 Annual Meetings of Shareholders along with Alexander B. Jones of 22NW, who joined the board in 2024 as part of an agreement between CULP and 22NW. The current size of the Company's board of directors will not be increased in connection with these nominations. Robert G. Culp, IV, President and Chief Executive Officer of CULP, commented, 'This new cooperation agreement with 22NW will provide support for CULP's management, employees and customers and, once again, demonstrates our willingness and ability to work constructively with investors to generate positive outcomes for all stakeholders.' Aron R. English, Portfolio Manager and Founder of 22NW, commented, 'CULP is an important investment for 22NW, and we welcome the opportunity to support the Company as it positions itself for future growth opportunities.' The complete agreement between CULP and 22NW will be filed with the SEC as an exhibit to a form 8-K. About the Company Culp, Inc. is one of the largest marketers of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture in North America. The company markets a variety of fabrics to its global customer base of leading bedding and furniture companies, including fabrics produced at Culp's manufacturing facilities and fabrics sourced through other suppliers. Culp has manufacturing and sourcing capabilities located in the United States, China, Haiti, Turkey, and Vietnam.

Samsara to Host Investor Day on June 24th, 2025
Samsara to Host Investor Day on June 24th, 2025

Yahoo

time36 minutes ago

  • Yahoo

Samsara to Host Investor Day on June 24th, 2025

SAN FRANCISCO, June 09, 2025--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced that it will host its Investor Day on June 24th, 2025 from 2:30 - 5:00 p.m. Pacific Time (5:30 - 8:00 p.m. Eastern Time). Members of Samsara's executive leadership team, including Sanjit Biswas (CEO and Co-Founder), Kiren Sekar (Chief Product Officer), Amit Vyas (Chief Revenue Officer), and Dominic Phillips (Chief Financial Officer) will discuss updates to the company's vision, product platform, customer momentum, and financials. A live webcast will begin at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) on June 24th, 2025. Registration for access to the webcast can be found at this link. A replay of the webcast will be available following the conclusion of the event at About Samsara Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which enables organizations that depend on physical operations to harness Internet of Things (IoT) data to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world's leading organizations across construction, transportation and warehousing, field services, manufacturing, retail, logistics, and the public sector. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy. View source version on Contacts Investor ContactMike Changir@ Media ContactStephanie Burkemedia@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store