Investing In Pipe Suppliers

From the Texas Tribune - San Antonio Mulls $3 Billion Water Supply Project.  The era of large water pipeline projects is fast approaching.

"For decades, the city has searched for a water supply beyond the dwindling Edwards Aquifer. And now officials at San Antonio Water System, the city's water utility, are negotiating with two private companies — the Austin-based Central Texas water supplier BlueWater and the Spanish company Abengoa — to pipe in 16 billion gallons of water a year from Burleson County in Central Texas. The utility estimates that the project would cost $3 billion over 30 years and boost its water supply by about 20 percent starting in 2019.

Berto Guerra, chairman of the SAWS board, said the project would be key in ensuring the city remains a good place to do business in the coming decades.

“Somebody will say, someone way back 20 years ago had the courage and had the vision to do what was right,” he said Tuesday at the Grand Hyatt hotel in San Antonio, at the first of a series of public forums the utility will have about the project."