AlexRenew RiverRenew infrastructure project

By Global Infrastructure Sherpa · Jun 17, 2025

Development Utilities announced Alexandria, USA Jun 17, 2025

USD258.3M

Deal Value

construction

Stage

RiverRenew

Project

AlexRenew is undertaking the RiverRenew program, a large infrastructure project to prevent sewage from polluting the Potomac River. The budget includes $96 million of continued RiverRenew expenditures.

Deal Analysis

AlexRenew's RiverRenew program, with a continued expenditure of $96 million, represents a significant investment in upgrading Alexandria's wastewater infrastructure. The project aims to mitigate sewage overflow into the Potomac River, addressing environmental concerns and regulatory requirements. The involvement of both AlexRenew and the Alexandria Potable Water Company underscores a collaborative approach to managing water resources within the region. This development project highlights the ongoing need for infrastructure upgrades to maintain environmental quality and public health. The RiverRenew project is notable due to its focus on environmental remediation and the substantial financial commitment involved. While specific capacity and project stage details are unavailable, the announced continuation of expenditures suggests the project is already underway. The involvement of Alexandria Potable Water Company alongside AlexRenew indicates a coordinated effort to manage both potable and wastewater systems. This deal reflects a broader trend of municipalities investing in aging infrastructure to comply with environmental regulations and improve water quality.

Significant $96 million investment in wastewater infrastructure.
Focus on preventing sewage overflow into the Potomac River.
Involves collaboration between AlexRenew and Alexandria Potable Water Company.
Addresses environmental concerns and regulatory compliance.

Market Context: The utilities sector, particularly water and wastewater management, is experiencing increased investment driven by aging infrastructure, stricter environmental regulations, and growing populations. Municipalities are increasingly relying on public-private partnerships and innovative technologies to address these challenges.

Source Intelligence

KEY DETAILS

The budget includes $96 million of continued RiverRenew expenditures. To support this significant capital investment, AlexRenew also adopted a two-year rate adjustment of 5.0% beginning July 1, 2025, and 5.7% beginning July 1, 2026.

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Deal Size

AlexRenew adopted a $258.3 million budget for its fiscal year, beginning on July 1, 2025 (Fiscal Year 2026) during its June 17, 2025, Board Meeting.

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Location

The RiverRenew program is the largest infrastructure project in Alexandria’s history and will prevent millions of gallons of combined sewage from polluting the Potomac River, Hunting Creek, and Hooffs Run each year.

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Announcement

AlexRenew's Board voted unanimously to adopt the Fiscal Year 2026 Annual Budget and two-year rate adjustment during the June 17, 2025, Board Meeting.

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COD

When RiverRenew is completed in 2026, these new structures will capture and convey millions of gallons of combined sewage that would otherwise pollute the Potomac River – creating safer, healthier waterways for the community, wildlife, and future generations.

PARTIES MENTIONED IN SOURCE

AlexRenew developer

"AlexRenew's Board voted unanimously to adopt the Fiscal Year 2026 Annual Budget and two-year rate adjustment during the June 17, 2025, Board Meeting."

high quality Enriched Feb 19, 2026