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Stock impact report

Amid drought, California desalination project at crossroads [ABC News]

Brookfield Infrastructure Partners LP Limited Partnership Units (BIP) 
Last brookfield infrastructure partners lp limited partnership units earnings: 2/10 06:44 am Check Earnings Report
US:NYSE Investor Relations: bip.brookfield.com/en
Company Research Source: ABC News
HUNTINGTON BEACH, Calif. -- For more than two decades, California's Orange County has debated whether to build a seaside plant to convert the Pacific Ocean's salt water into drinking water in hopes of buffering against droughts like the one now gripping the nation's most populous state.Now, the $1.4 billion proposal by Poseidon Water faces a critical review Thursday by the California Coastal Commission, which is tasked with protecting California's scenic shores.Poseidon and its supporters, including Gov. Gavin Newsom, contend the Huntington Beach plant will produce 50 million gallons of water a day that are crucial to help weather cutbacks on state and federal water supplies following years of drought. Newsom, a Democrat, recently told the Bay Area News Group editorial board that a denial would be a “big setback” and “we need more tools in the damn tool kit” to address drought.But environmental groups and the Coastal Commission's staff, which reviewed the plan, oppose it. They argue i Show less Read more
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