Burlington ON, January 5th 2021 – Newlook Capital Inc. (“Newlook”) is pleased to announce that a portfolio company in Newlook Capital Industrial Services Fund II (“Fund II”), Living Water Utilities and Living Water Services have announced that they have entered into an agreement to permit, design, build, own, and operate a wastewater utility system for a 280-home subdivision near the town of Berlin in Cullman County, Alabama.
Under contracts with Living Water Utilities, InSite Engineering will design the treatment plant and Living Water Services will operate and maintain the collection and treatment systems in their entirety. Living Water Utilities holds the federally issued NPDES discharge permit for the facility and will bill the homeowners directly on an ongoing monthly basis.
Living Water Services is under contract for operations, maintenance, laboratory, and regulatory assistance with five (5) municipal wastewater systems and treatment facilities in Cullman County as well as three (3) treatment facilities for the Cullman County Board of Education. Members of the Living Waters Group have maintained relationships with these respective utilities for over twenty-five (25) years.
The Living Waters Group of companies is looking forward to entering into several more of these projects across the State of Alabama in the next 12 months.