United Water is demonstrating its support for cities in several ways. United Water, in partnership with investment bank KKR and the City of Bayonne, NJ, recently initiated its new SOLUTION SM model to address the city’s water infrastructure needs. United Water is cooperating with financers and municipalities to bring the SOLUTION SM model to other cities. SOLUTION SM has the additional benefit of helping cities improve their credit rating.Bayonne Mayor Mark A. Smith credited SOLUTION SM as a major reason for the first upgrade in five years of the city’s bond rating. Moody’s Investors Service, in March, upgraded Bayonne from Baa1 with negative outlook to Baa1 with stable outlook. This change makes it cheaper to for the city to make investments that help its economy grow.
United Water Calls For Action To Improve America’s Water Systems On World Water Day
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