Wetaskiwin Wastewater Treatment Plant

The City of Wetaskiwin required an extensive rehabilitation and expansion of their existing wastewater treatment plant in order to meet more stringent effluent requirements in the Province of Alberta. Challenged with financing the project with limited grant funding and borrowing capacity, the City engaged Graham Capital as a development partner to provide project development, financial advisory, deal arrangement, and long-term asset management services to ensure that this critical infrastructure project could be delivered efficiently.

Graham Capital is working with the City of Wetaskiwin to deliver this project under Graham’s Municipal Asset Partnership, which ensures these critical upgrades can be delivered without the municipality sacrificing long-term ownership of their infrastructure or control over utility rates. Additionally, project financing has been secured without impacting the municipality’s borrowing capacity.

An extensive Early Contractor Involvement (ECI) work program was leveraged to ensure best value for the City, with work scheduled for completion in December 2023. Graham is also executing the construction work on a fixed-price basis, with Aquatera Utilities providing long-term operations and maintenance services to the team.