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    Chennai Firm Executes Gold Plating Work for Kerala Temple

    Pancham Dham Nyas Announces Unfurling of Sanatan Flags in 52 Countries Around Indian Ocean

    NR Group Bags the Top Exports Award for Agarbathi

    GODI, the First Indian Company to Receive BIS Certification to Sell Li-ion Cells in India with Cells made with In-house Technology for Electric Vehicles

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    Meta Kalvi, Tamil Nadu’s First Virtual Reality Lab for Education, Launched on Metaverse for Government Schools, Chennai

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    NORD Duodrive Now With Powers Of Up To 3 Kw Patented Geared Motor For Ultimate Energy Efficiency

    MTAR Technologies Limited Receives Orders of USD 22.12 Million in Clean Energy

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    ecom instruments at the Hannover Messe 2022: Smart Devices for the Digitalization of Hazardous Areas

    The Fischer family has created the technology group Conextivity to extend its expertise and innovation

    RAMINFO growth momentum continues in Q4 FY22 with 366% YoY rise in Net Profit

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    • Sillicon Valley
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      kindlife’s ‘Kind Circle’ Aims to Bring Self-care and Planet-care Together

      PMJ Jewels Launches its 1st Showroom at Coimbatore

      Let’s End the Summer Season on a Stylish Note at Phoenix Marketcity, Pune

      ChildCare Education Institute Offers No-Cost Online Course

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      International and Domestic manufacturers and exporters from 15 countries to showcase latest in apparel, textile and fashion industry innovations at ASW 2022

      Asian Paints has Launched their 2022 Collection in Home Decor

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Home BusinessWire

KBRA Releases Research – Los Angeles Water Treatment Plant Spill Shifts Debate From Sustainability to Maintenance

by business wire news
26/02/2022
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NEW YORK–(BUSINESS WIRE)–#KBRA–KBRA releases research discussing how the City of Los Angeles’ plans to meet sustainability and resiliency goals were undermined by a massive raw sewage spill at the city’s Hyperion Water Reclamation Plan (HWRP) in July 2021.

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Los Angeles is at the vanguard of efforts to improve drought resiliency and reduce reliance on imported water. Officials plan to invest significant sums to fortify critical systems against climate risk while increasing water storage and rainwater reclamation, aiming to locally supply 70% of the city’s water and recycle 100% of its wastewater by 2035. In a major setback to these efforts, last year’s 17 million-gallon spill at HWRP temporarily shifted stakeholder attention away from the city’s ambitious One Water LA2040 Plan and toward the importance of daily operations and maintenance.

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The report notes how environmental harm from an unexpected incident such as the HWRP spill has the potential to upend capital budgets, stakeholder engagement, and public trust. This incident highlights the overarching importance of emergency response planning and communication—as well as the regular inspection, repair, and replacement of critical facilities and equipment—to advancing environmental, social, and governance (ESG) goals.

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Click here to view the report.

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Related Publication

  • City of Los Angeles, CA Wastewater System Subordinate Lien Revenue Bonds Series 2022-A, 2022-B, and 2022-C Rating Report

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Linda Vanderperre, Senior Director

+1 (646) 731-2482

linda.vanderperre@kbra.com

Karen Daly, Senior Managing Director

+1 (646) 731-2347

karen.daly@kbra.com

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Business Development Contacts

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William Baneky, Managing Director

+1 (646) 731-2409

william.baneky@kbra.com

James Kissane, Senior Managing Director

+1 (213) 806-0026

james.kissane@kbra.com

Tags: AngelesdebateKBRALosMaintenancePlantreleasesresearchshiftsSpillSustainabilitytreatmentWater
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