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April 25, 2014
09:32 EDTABGB, AWKAmerican Water, Abengoa sign worldwide licensing agreement for NPXpress
American Water (AWK) and Abengoa (ABGB) signed a worldwide licensing agreement for American Waters patented NPXpress technology. The agreement will enable Abengoa to use NPXpress to achieve wastewater treatment and nutrient removal in a sustainable way. American Water will retain all rights with respect to its NPXpress technology. The NPXpress technology helps wastewater utilities, which are facing both increasing operating costs and more stringent environmental regulations, to reduce costs while improving the removal of nitrogen and phosphorus. Because the technology operates at lower oxygen levels, electricity consumption for aeration can be reduced by up to 50%. In addition, the process can eliminate the need for costly chemical addition by up to 80%-100%. This process provides a more affordable and sustainable way of treating sewage. NPXpress is patent-protected in 15 countries and the EU.
News For AWK;ABGB From The Last 14 Days
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December 19, 2014
14:12 EDTAWKMaryland American Water files request for rate increase
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December 18, 2014
15:13 EDTABGBAbengoa awarded 950 GWh per year in 15 year Chilean supply tender
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December 16, 2014
09:22 EDTABGBAbengoa to develop transmission project in Argentina
Abengoa has been selected by Gerdau for a new power transmission project in central Argentina that will supply electricity to a new steel plant. The project is worth $27.2M. Abengoa will not retain an interest in the constructed assets. Abengoa will be responsible for the procurement, construction, testing and commissioning of six kilometers of 220 kV double-circuit line, the extension of the Rosario Oeste transformer station and construction of a new 220 kV transformer station. The works will be carried out at sites close to the city of Prez, Santa Fe, and the project is expected to be completed within 12 months. This is the third transmission project that the company has won in Argentina in the last quarter of 2014, bringing the total to more than 5,000 km of lines and 40 substations.
December 15, 2014
07:54 EDTABGBAbengoa will see more deal activity in early 2015, says Canaccord
Canaccord said Abengoa will continue to address core financial metrics while improving shareholder sentiment as they progress toward bolstering the company's balance sheet. The firm believes Abengoa's business fundamentals remain strong, with its core business solid, and reiterated its Buy rating and $27.50 price target on Abengoa shares.
07:32 EDTAWKAmerican Water sees FY15 continuing ops EPS $2.55-$2.65
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05:43 EDTABGBAbengoa signs power purchase agreement, securities financing of Xina Solar One
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December 11, 2014
12:55 EDTABGBAbengoa Yield begins talks for third acquisition from Abengoa
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December 8, 2014
15:54 EDTAWKAmerican Water to host conference call
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