Envocore Awarded $129M Contract to Modernize Puerto Rico's Water Infrastructure
Power Sustainable announced that its portfolio company, Envocore LLC, has been awarded a five-year, $129 million contract by the Puerto Rico Aqueduct and Sewer Authority (PRASA) for a water-meter modernization program. The initiative involves replacing approximately 1.5 million ultrasonic meters across all of Puerto Rico's municipalities to improve data accuracy, reduce water loss, enhance billing efficiency, and support better resource management. Martin Aares and Karine Khatcherian from Power Sustainable Decarbonization (PSD) Private Equity praised Envocore’s expertise in delivering large-scale infrastructure projects. PSD invested in Envocore earlier this year to fuel its growth across energy-efficiency and utility services. Francis Wheeler, CEO of Envocore, emphasized the company's commitment to safety, quality, and customer service as it supports PRASA. Envocore has completed over 3,800 projects nationwide and is a national specialty contractor in water infrastructure and utility solutions.
Topics: metering technology private equity water infrastructure