PHOENIX – February 4, 2010 – Global Water Management, LLC (“Global Water”), the leader in private water sector utility optimization, announced today it is offering private label financing for its Global Green Solutions products. This financing opportunity allows Global Water to offer a complete turn-key system, bringing state-of-the-art utility meter reading, billing, and optimization applications delivery to an unprecedented level.
Global Water has perfected the most advanced utility operation and optimization suite in the water sector. Global Green Solutions combines the power of fixed network automated meter infrastructure (“AMI”), with advanced bill processing, geographic information systems (“GIS”), and the latest in automated maintenance and diagnostic tools, to bring efficiencies and optimization to utility operations. Global, after implementing this suite of applications for its own customers, is now offering this platform to other utilities interested in increasing revenues and decreasing operational costs.
The private label financing provides Global the ability to offer agencies, municipal entities and private utilities tax-exempt lease-purchase structures that can fund 100% of a project with no down payment and no obligation to make payments for the first year. Utilizing low, tax-exempt rate structures, this bundled solution maximizes a governmental entity’s buying power at the lowest cost of entry.
“Lack of funding or the timelines for bond issuances are often a roadblock for municipalities in expanding or improving existing infrastructure. We are offering a solution for funding these cost saving projects and providing assistance to utilities seeking optimization solutions for their operations and their communities,” stated Trevor Hill, President and CEO of Global Water. “We can now offer our complete suite of services and be deploying the solution within 30 days. In economic times such as these, solutions that increase revenue and decrease costs are essential and being able to deliver on a timely basis is critical.”
Global Water owns and operates 14 water and wastewater utilities in the state of Arizona serving more than 60,000 people. The company is committed to planning for and managing future water scarcity by investing in and improving the regulated water and wastewater companies it owns and conserving the world’s precious water resources through water recycling and the deployment of sector leading technology for utility optimization.
For more information, contact:
Paul Walker
Public Relations for Global Water Resources
602-705-4205 www.gwresources.com
|
NEWS DETAIL
