WEST NYACK, N.Y.--(BUSINESS WIRE)--
SUEZ North America announced today that it has completed the acquisition of the Forest Park Water Group, which serves approximately 4,000 people through 13 water systems in Putnam County and one system in Westchester County, New York. The water systems, which consist of 30 wells, serve mostly residential homes, condominiums and a few commercial sites.
“This acquisition is part of our strategy to help small water companies surrounding our service territories meet the stringent water quality regulations set forth by state and federal government,” said Eric Gernath, CEO of SUEZ North America. “We can bring our expertise and experience to ensure customers are provided with a safe, secure supply of water.”
SUEZ has been operating the Forest Park water system since June 2016, when the New York State Public Service Commission (PSC) appointed the company as the operator. For the past 15 months, the SUEZ team has worked diligently to resolve difficulties that customers had encountered with their water service. The company has provided technical and financial support for needed improvements.
“Our top priority has been to improve the individual water systems so we can provide safe and reliable water service to our customers,” said Chris Graziano, vice president of SUEZ operations in New York. “We mobilized our water quality experts to address some of the issues faced by these individual water systems and we have been making steady progress.”
Graziano noted that SUEZ’ improvements to date include rehabilitating wells to improve water quality, adding new pumps to improve service reliability, reconstructing an interconnection system to ensure a more reliable supply of water and replacement of water meters to ensure accurate billing to customers.
Over the next five years, SUEZ will invest nearly $3.5 million in other upgrades. These will include computerized operating systems, security programs and long-term infrastructure replacement.
Forest Park customers are invited to attend an open house to meet their new water provider. The event will take place on Monday, November 6 at 7 p.m. at the Mahopac Public Library, 668 Rt. 6, Mahopac, NY.
About SUEZ in North America
SUEZ in North America operates across all 50 states and Canada with 3,350 employees dedicated to environmental sustainability and leading the resource revolution. The company provides drinking water, wastewater and waste collection service to 7.3 million people on a daily basis; treats 577 million gallons of water and 997 million gallons of wastewater each day; delivers water treatment and advanced network solutions to 16,000 industrial and municipal sites; processes 55,000 tons of waste for recycling; rehabilitates and maintains water assets for more than 4,000 municipal and industrial customers; and manages $4.2 billion in total assets. The company posted revenues of $1.275 billion in 2016 and is a subsidiary of Paris-based SUEZ.
About SUEZ
With 90 000 people on the five continents, SUEZ is a world leader in smart and sustainable resource management. We provide water and waste management solutions that enable cities and industries optimize their resource management and strengthen their environmental and economic performances, in line with regulatory standards. To meet increasing demands to overcome resource quality and scarcity challenges, SUEZ is fully engaged in the resource revolution. With the full potential of digital technologies and innovative solutions, the Group recovers 17 million tons of waste a year, produces 3.9 million tons of secondary raw materials and 7 TWh of local renewable energy. It also secures water resources, delivering wastewater treatment services to 58 million people and reusing 882 million m3 of wastewater. SUEZ generated total revenues of 15.3 billion euros in 2016.
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