RYE, N.Y.--(BUSINESS WIRE)--Gabelli & Company Utilities Analyst Tim Winter presented at the New York Society of Security Analysts’ 18th Annual Water Conference on December 4, 2014.
Mr. Winter outlined why the US water industry is unique and likely to attract significant capital. The EPA estimates that $335 billion needs to be invested in the US drinking water infrastructure over the next 20 years. The US experiences 240,000 main breaks per year and faces significant water supply issues in the Arid West. With only 10 publicly-traded water utilities amidst a background of 50,000 municipal and private water systems, water utilities offer the following attractive reasons to invest:
- Traditional Rate-Base Rate of Return Business
- Significant Investment Opportunity
- Low-Risk Business
- Non-Regulated Privatization Potential
- Consolidation/Takeover Potential
The full presentation is available upon request. Please contact your Gabelli & Company sales representative for additional information.
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