Stocks in play: H2O Innovation Inc
Announces it has been awarded a new operation and maintenance service contract and has extended an existing contract. Both projects are in the State of Texas and have a total value of $29.9 M, increasing the Corporation’s O&M backlog by 24% to $156.2 M. H2O Innovation has been awarded a three-year O&M contract for a wholesale water treatment facility in Calhoun County, Texas, for which O&M services began this week. The plant treats surface water from the Guadalupe Blanco River and produces 6.0 MGD (22,700 m3/day) of potable water for municipal, industrial, and retail customers in the area. Additionally, the Corporation has renewed its base contract with a client in Texas for a period of five years, starting on January 1, 2023. H2O Innovation Inc shares T.HEO are trading up $0.04 at $2.10.
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