Latest news with #WaaS
Business Wire
22-05-2025
- Business
- Business Wire
Morgan Stanley Infrastructure Partners Agrees to Sell Seven Seas Water
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM), through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), its private infrastructure investment platform, today announced it has entered into an agreement to sell its ownership stake in Seven Seas Water Group (Seven Seas Water or the Company) to the EQT Infrastructure VI fund (EQT). Seven Seas Water Group is a developer, owner, and operator of water and wastewater treatment plants across North America, including the United States, the Caribbean, and Latin America, with over 220 plants currently under management. Through its Water-as-a-Service® (WaaS®) model, the Company delivers reliable, safe, and environmentally compliant water and wastewater treatment to a diverse customer base, including governmental, municipal, industrial and hospitality clients. The Company's desalination and wastewater treatment plants sign long-term, inflation-linked contracts with take-or-pay minimum volume commitments creating stable, predictable cashflows. Operating in some of the most water-challenged geographies, Seven Seas Water ensures availability for potable and clean water, while maintaining its more than 20-year track record of high uptime, strong customer retention and a world-class health, safety, and environmental (HSE) performance. The Company is the result of a business separation from non-infrastructure activities which was conducted shortly after a public-to-private transaction. Under MSIP's ownership, Seven Seas Water has experienced substantial growth expanding its footprint in the United States, particularly Texas, scaling to become the North American Water-as-a-Service® leader. The Company recently secured several high-profile long-term contracts, including with the South Texas Water Authority (STWA), as well as successful project delivery for the City of Alice in Texas. 'Seven Seas Water exemplifies the infrastructure characteristics we prioritize – essential services, long-term inflation-protected cashflows, and operational excellence,' said Alberto Donzelli, Managing Director and Co-Head of Europe for Morgan Stanley Infrastructure Partners. 'The Company's Water-as-a-Service® model has proven highly effective across diverse markets, and we are proud to have supported their evolution into a market-leading platform.' Markus Hottenrott, Chief Investment Officer for Morgan Stanley Infrastructure Partners, added: 'Seven Seas Water is another example of MSIP's differentiated ability to execute corporate carve-outs and business separations, successfully conduct take-private transactions, build institutional-grade platforms and work with management teams to drive operational excellence. We are pleased to have created a resilient infrastructure business that delivers an essential service to communities and industries across North America and beyond.' About Seven Seas Water Group Seven Seas Water offers WaaS® solutions by providing outsourced water treatment and wastewater treatment and reuse solutions for governmental, municipal, industrial, property developer and hospitality customers. The Company's water treatment solutions utilize seawater reverse osmosis and other purification technologies to produce potable and high purity industrial process water in high volumes for customers operating in regions with limited access to potable water. Seven Seas Water's wastewater treatment and reuse solutions include scalable modular treatment plants, field-erected treatment plants and temporary bypass plants that are used by our customers to treat and convert wastewater into effluent or reclaimed water prior to being released back into the environment. Some of the Company's wastewater and reuse solutions are provided by AUC Group, a Houston, TX based subsidiary. About Morgan Stanley Infrastructure Partners Morgan Stanley Infrastructure Partners (MSIP) is a leading global private infrastructure investment platform with approximately $18 billion in assets under management since inception. Founded in 2006, MSIP has invested in a diverse portfolio of over 40 investments across transport, digital infrastructure, energy transition and utilities. MSIP targets assets that provide essential public goods and services with the potential for value creation through active asset management. For further information about Morgan Stanley Infrastructure Partners, please visit Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,400 investment professionals around the world and $1.6 trillion in assets under management or supervision as of March 31, 2025. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit About Morgan Stanley Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit
Business Journals
15-05-2025
- Business
- Business Journals
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.
Yahoo
13-05-2025
- Business
- Yahoo
MDWerks Issues Shareholder Update
GREEN COVE SPRINGS, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- MDWerks, Inc. ('MDWerks' or the 'Company') (OTCQB: MDWK), a forward-thinking company leading the charge in the world of sustainable technology, today issued the following shareholder update from its Chief Executive Officer, Steven Laker. Dear Fellow Shareholders, With our first quarter results of 2025 now behind us, we look forward to seeing our hard work from the prior fifteen months come to fruition in the near future. We believe we have taken the necessary calculated steps needed to reposition the Company onto a prosperous path. Whiskey-as-a-Service Among our accomplishments to start the year, we successfully launched our 'Whiskey-as-a-Service' ('WaaS') business model, signing new contracts with two companies for the construction and deployment of our proprietary Spirits Rapid Aging Systems ('SRAS') at their facilities. These contracts not only validate the economic and sustainability benefits of our SRAS units but also are expected to provide us with attractive recurring revenue streams through licensing agreements and ancillary fees for ongoing machine servicing and maintenance. Construction under these contracts commenced in March and both SRAS units are on track for completion in the third quarter of 2025. Our upfront investment in these units will begin to pay off as they go live later this year, providing us with new recurring cash flow streams. Leveraging patented energy wave technology, our SRAS units swiftly, sustainably and cost-effectively mature spirits to create high quality final product with traditional flavor profiles. We see excellent potential for multiple additional SRAS deployments by both customers within the next twelve months as well as by other third parties. Building on the momentum of our first two WaaS contracts, we signed a separate new agreement with an international spirits investment fund (the 'Fund') providing the Fund with limited exclusivity for the deployment of our SRAS units in three countries outside of the United States. To retain exclusivity, the Fund is required to deploy at least one SRAS unit annually in each of the three countries. We will provide updates as new orders take hold in these countries. Whiskey Inventory In another favorable development at the start of this year, we entered into an asset purchase agreement with Brown Water Bourbon Xchange, LLC ('BWBX') under which BWBX sold us 680 barrels of aged whiskey in exchange for restricted shares of our common stock. This deal provides us with a substantial increase in spirits raw material inventory, which we intend to sustainably mature with our own SRAS unit for future sale and re-sell as needed, benefiting our results starting in the second half of the year. Two Trees Beverage Company – New Uplifting Spirits Product Line Earlier this month, our award-winning subsidiary, Two Trees Beverage Company, launched Uplifting Spirits, a new product line focused on supporting community and charitable causes, debuting with Land of the Sky, a limited-edition straight bourbon whiskey aiding Hurricane Helene relief efforts. We are proud of this initiative and pleased to donate ten percent of Land of the Sky sales to relief efforts, including aiding Western North Carolina, where many of our teammates call home. RF Specialties, LLC – Sawdust Drying Machine Update The Company is nearing completion of the fabrication process on its molecular sawdust drying machine for a major lumber mill customer and will move into the quality control and testing phase shortly, with anticipated deployment to the customer in the third quarter of this year. Chief Financial Officer Appointment Finally, we continue to build out our team to support the future growth of MDWerks. In that regard, we were thrilled to announce the appointment of David Stephens as our Chief Financial Officer in March 2025. David brings to MDWerks nearly two decades of financial reporting and accounting experience across a range of private and public companies. He had been working closely with the Company on a consultant basis prior to his formal appointment and has been instrumental in managing our accounting and finance functions since the beginning of 2024. In conclusion, we are continuing to make important investments in our business today to deliver sustainable long-term growth and shareholder value. As a result of our recent progress and investments in the business, we expect our revenue to trend upward in the second quarter and more significantly in subsequent periods of the year compared to our first quarter 2025 revenue. We are excited about MDWerks' future and appreciate your continued support. Sincerely, Steven LakerChief Executive Officer About MDWerks, Inc. MDWerks, Inc. ('MDWerks') (OTCQB: MDWK) is a forward-thinking company that is leading the charge in the world of sustainable technology. As a prominent provider of energy wave technologies, MDWerks is committed to developing innovative solutions that help businesses reduce their costs and drive business value. For more information, please visit MDWerks' wholly owned subsidiary, Two Trees Beverage Company, is headquartered deep in the Appalachian Mountain country, creating fine spirits, aged sustainably. Two Trees' fine spirits brands, including Two Trees® and Tim Smith Spirits®, have received multiple industry awards. For more information, please visit MDWerks' wholly owned subsidiary, RF Specialties, LLC ('RFS'), addresses companies' most pressing challenges by implementing automated radio frequency technology systems in a sustainable way reducing costs and increasing speed to market when compared to traditional methods. For more information, please visit Cautionary Note Regarding Forward-Looking StatementsThis press release contains 'forward-looking statements'. Forward-looking statements also may be included in other publicly available documents issued by MDWK and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as 'anticipate,' 'intend,' 'plan,' 'goal,' 'seek,' 'believe,' 'project,' 'estimate,' 'expect,' 'strategy,' 'future,' 'likely,' 'may,' 'should,' 'would,' 'could,' 'will' and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause MDWK's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for MDWK's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K, which are available on the Securities and Exchange Commission's website at We assume no obligation to update any forward-looking statements contained in this press release. Company Contact:MDWerks, Inc. Steven LakerT: (252) 501-0019 stevel@ Investor Contact:The Equity Group Kalle Ahl, CFA T: (303) 953-9878 kahl@ in to access your portfolio
Business Wire
07-05-2025
- Business
- Business Wire
Climate Adaptive Infrastructure Partners with Veolia Water Technologies & Solutions to Finance and Deliver Innovative $66M Water-as-a-Service Project for a Leading Semiconductor Manufacturer
MILL VALLEY, Calif.--(BUSINESS WIRE)--Today, Climate Adaptive Infrastructure ('CAI'), a leading investment firm focused on energy decarbonization and sustainable water infrastructure, announced its investment in an innovative water-as-a-service (WaaS) project for a water reuse and treatment plant at a semiconductor fab in the Midwest U.S. The new project, strategically financed and developed by CAI with design and management in partnership with Veolia Water Technologies & Solutions, will be implemented at the manufacturer's new US facility, supporting its reshoring strategy as it accelerates U.S.-based production. CAI's WaaS strategy offers an innovative, capital-efficient approach to providing critical water infrastructure while accelerating the adoption of advanced water management solutions. CAI will finance, own the facility, turning a CapEx into an OpEx for the host, and partner with Veolia who will operate the state-of-the-art wastewater processing and reuse plant, all wrapped under a CAI WaaS contract. The $66 million investment encompasses a complex treatment system designed to process water for use at the production facility. Semiconductor fabs demand a reliable supply of high-purity water for critical processes, which also generate wastewater that must be effectively treated. Proper wastewater management is key to handling the complex chemistries involved and enabling water reuse within the facility. By implementing efficient water treatment and reuse strategies, the facility is expected to recycle approximately 2.1 million gallons of water per day, helping to significantly reduce operational costs and environmental impact. The treatment plant is projected to become operational in late 2026, providing critical support to the co-located fab. CAI's WaaS strategy offers an innovative, capital-efficient approach to providing critical water infrastructure while accelerating the adoption of advanced water management solutions. This strategy addresses the growing demands for industrial water reuse and wastewater treatment, driven by growing water conservation needs and the economics of efficient water reuse. This approach enables customers to focus on their core competencies while CAI and Veolia provide the necessary financing, design, process technologies, equipment procurement, installation, operations and maintenance services. 'We are thrilled to accelerate the next generation of water management and innovation with this strategic project supporting a leading manufacturer,' explained Xavier Castro, Partner at Climate Adaptive Infrastructure. 'As this project moves forward, it sets a practical and exciting example for a long list of strategic companies looking to modernize their water infrastructure without investing from their own balance sheet. CAI is currently working with leaders in data centers, food and beverage industries, controlled-environment agriculture and the semiconductor industries, all of whom recognize the benefits of this type of long-term partnership.' Veolia, the global leader in ecological transformation, launched its GreenUp strategic program a little over one year ago with water technologies as a key growth booster. With a particular focus on ultrapure water for microelectronics and other critical industries, the company is applying its technological expertise to meet the most demanding industrial requirements. Through this strategic focus on water technologies, Veolia continues to strengthen its leadership in providing essential ecological solutions while ensuring optimal operational performance and long-term resilience for its clients. 'Veolia is pleased to partner with CAI on this strategic WaaS project. By combining our advanced treatment expertise with CAI's innovative financing model, we are delivering a resilient and state-of-the-art water treatment solution featuring substantial water reuse, which directly supports the semiconductor industry's reshoring efforts and sets a new standard for sustainable manufacturing,' said Nishith Vora, Ph.D., Growth Executive, Veolia Water Technologies & Solutions. About CAI Founded in 2019, Climate Adaptive Infrastructure ('CAI') is an infrastructure investment firm specializing in low-carbon real assets in the energy, water, and urban infrastructure sectors. The firm seeks investments across core infrastructure assets that improve sustainability and quality of life for the world's large and growing population. CAI selects, finances, constructs, and manages its investments using climate screens and metrics designed to enhance investment returns while reducing carbon emissions. For more information, please visit: About Veolia Water Technologies & Solutions As the global water technology experts of Veolia, we deliver on both performance and sustainability without compromise. We provide you with peace of mind knowing your business and communities are safeguarded, efficient and resilient. Together we protect, preserve and reuse resources, tackling today's environmental challenges while creating the water treatment and process solutions of tomorrow.
