Market Insight

05/04/2017 WestWater to present at the annual AZ Water Association Conference in May

As water becomes an increasingly valuable asset, various municipalities in Arizona have included water farms in their portfolio of future water supplies. These large farms with extensive water rights were long kept in agricultural production through lease agreements until the... Read More 

As water becomes an increasingly valuable asset, various municipalities in Arizona have included water farms in their portfolio of future water supplies. These large farms with extensive water rights were long kept in agricultural production through lease agreements until the water was needed by the city. For many municipalities, however, more attractive water supplies became available before the water farms could be utilized, leading to the sale of the farms.

Viviane Baji of WestWater Research will be participating in the 90th Annual Arizona Water Association Conference on Friday, May 5th in Phoenix.

Ms. Baji’s presentation, “Water Farms in Arizona- A Wise Investment in Municipal Water Security?”, will discuss her research related to purchased and subsequently sold water farms and the annual returns on water farm investments in Arizona.  The findings of this study will be of noted interest to water policymakers looking to address water shortage concerns in a cost-effective way.

Read more about the conference here

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03/17/2017 WestWater 2017 Summer Internship

WestWater Research is now seeking applicants for the 2017 summer internship position. Qualified individuals will be current MBA students or Bachelors graduates in economics or finance.  Applications are due by April  7th.. Click below for more information and application requirements. 2017 Graduate... Read More 

WestWater Research is now seeking applicants for the 2017 summer internship position. Qualified individuals will be current MBA students or Bachelors graduates in economics or finance.  Applications are due by April  7th..

Click below for more information and application requirements.

2017 Graduate Student Internship Posting

If you are interested in an internship with WestWater, please send your cover letter and resume to employment@waterexchange.com.

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03/14/2017 The Value of Water in the Real Estate Industry

Brett Bovee recently wrote a short article for the Colorado Real Estate Journal describing basic concepts in valuing water rights, and providing some basic water market statistics for the Northern Colorado region.  The article explains the underlying concepts that frame... Read More 

Brett Bovee recently wrote a short article for the Colorado Real Estate Journal describing basic concepts in valuing water rights, and providing some basic water market statistics for the Northern Colorado region.  The article explains the underlying concepts that frame how water rights are valued in transactions and how WestWater often looks at the value of a particular water right.

Read the full article here

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03/01/2017 Former US Interior Water Finance Fellow Joins WestWater Research as Operating Advisor

BOISE, Idaho – West Water Research is pleased to announce that Dr. Martin Doyle has joined the firm as an operating advisor for the Western-based water marketing and economic consulting firm. He will be assisting the firm with strategic initiatives... Read More 

BOISE, Idaho – West Water Research is pleased to announce that Dr. Martin Doyle has joined the firm as an operating advisor for the Western-based water marketing and economic consulting firm. He will be assisting the firm with strategic initiatives as well as identifying and evaluating water marketing and water resource investment opportunities.

“WestWater has built their practice on empiricism-on actual data of water transactions-and that is what is desperately essential for 21st-century water markets and water infrastructure finance,” said Dr. Doyle of WestWater’s history and valuation methods.

Dr. Doyle is one of the nation’s top experts on water markets and water infrastructure finance. In 2016 Doyle was appointed a Senior Conservation Finance Fellow at the US Department of Interior’s Natural Resource Investment Center where he worked to enable water transactions throughout the western US and develop alternative finance approaches for water infrastructure, particularly infrastructure managed by the Bureau of Reclamation or the US Army Corps of Engineers.

“We are extremely pleased that Martin has chosen to partner with WestWater to continue his work in developing marketing and financing opportunities in water,” said Clay Landry, Managing Director of WestWater Research. “Martin was instrumental in the development of the Interior’s Natural Resource Investment Center. His relationships and experience will be invaluable to WestWater’s clients and consulting practice.”

Dr. Doyle is a faculty member at Duke’s Nicholas School of the Environment and director of the Water Policy Program at Duke’s Nicholas Institute for Environmental Policy Solutions. He has spent 15 years as an academic developing internationally recognized research programs in in-stream flows, reservoir management, aging infrastructure, and a wide variety of environmental markets from water rights to water quality to wetland and stream habitat mitigation.

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01/19/2017 WestWater Completes New Study on the Economics of Water Sharing Agreements

WestWater Research recently completed a new study for Environmental Defense Fund on the economics of water sharing agreements between municipal water providers and agricultural water right holders in Colorado.  These types of agreements are referred to as Alternative Transfer Mechanisms... Read More 

WestWater Research recently completed a new study for Environmental Defense Fund on the economics of water sharing agreements between municipal water providers and agricultural water right holders in Colorado.  These types of agreements are referred to as Alternative Transfer Mechanisms (ATMs) in Colorado, and state policy goals have advocated for increased use of ATMs in the coming decades to reduce the amount of “buy and dry” occurring on the rapidly growing Colorado Front Range.  The study was intended to look at the financial cost of ATM water acquisitions for municipalities as compared to more traditional water supply options, and is one of the first investigations on the economic side of this important issue.

Read the full study here

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01/18/2017 Q1 2017 Water Market Insider: 2017 Water Market Outlook

There is money to be made in the water market, but it does not always come easy. Growing demands for water supplies across the United States has given further focus to water rights as an asset.  Over the past ten years, the... Read More 

There is money to be made in the water market, but it does not always come easy. Growing demands for water supplies across the United States has given further focus to water rights as an asset.  Over the past ten years, the water rights market has become an increasingly attractive private investment, but water transactions are often complex for many reasons. The current issue of the Water Market Insider  discusses the ever growing water market and the financial, environmental, and regulatory factors that influence this burgeoning commodity.

Read the full issue here.

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01/05/2017 WestWater Intern Explores Water Credit Trading Idea in Eastern Idaho

Last summer, WestWater intern Ryan Shepler conducted an analysis of different ways that groundwater irrigators in Eastern Idaho could meet groundwater use reduction obligations imposed by a 2015 settlement agreement with senior-priority surface water users.  An on-farm crop budget analysis... Read More 

Last summer, WestWater intern Ryan Shepler conducted an analysis of different ways that groundwater irrigators in Eastern Idaho could meet groundwater use reduction obligations imposed by a 2015 settlement agreement with senior-priority surface water users.  An on-farm crop budget analysis showed that a credit trading program could provide economic efficiency across the groundwater districts as a way to isolate the reduction obligation to the lowest value crops and lands. WestWater presented the findings of the analysis to IGWA at their most recent board meeting.

Read the full story here

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11/02/2016 WestWater Expands to Northern Washington

Edmonds, WA - WestWater Research, a leading provider of water marketing, water asset valuation, and transaction services is pleased to announce that Erik Borgen has joined the firm as the Northwest Regional Director. Borgen will be responsible for new business... Read More 

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Edmonds, WA – WestWater Research, a leading provider of water marketing, water asset valuation, and transaction services is pleased to announce that Erik Borgen has joined the firm as the Northwest Regional Director. Borgen will be responsible for new business development and project management for WestWater throughout Washington, Oregon, and Northern California.

Mr. Borgen brings to WestWater over ten years of experience working with water rights, water transactions and hydrology on projects throughout the western US.

Erik has led efforts in strategic planning, valuation and due diligence for water rights acquisition and mitigation banking programs throughout the Northwest. His work for impact investors, non-profit organizations, and government clients has focused on understanding the reliability of water rights and modeling the hydrological impact of administrative changes to those water rights. Erik has completed multiple water bank and alternative water transfer methods feasibility studies, including the development of demand estimates, analysis of potential supply sources and analysis of mitigation credit pricing. Additionally, he has experience in assessing climate change risk to water rights.

Erik Borgen stated, “I am very excited for the opportunity to join WestWater and leverage my background along with WestWater’s vast expertise and resources in water rights valuation, transactions and water resource economics to help clients throughout the region with their complex water transfer needs.”

Erik holds a JD from Willamette University College of Law, an MBA from Willamette’s Atkinson Graduate School of Management, and a BA from Dartmouth College in Geography. He was admitted to the Washington State Bar in 2005.  Prior to joining WestWater, Erik worked for Ecosystem Economics completing a wide array of water rights transaction-related analyses and projects.

Clay Landry, WestWater’s Managing Director, adds “Erik brings a strong background in environmental water markets and water mitigation trading that will allow WestWater to better serve our Northwest clients as well as continue our company’s commitment to streamflow protection through market-based solutions.”

Erik can be reached at WestWater’s Northwest Office.

Tel: (425) 563-8450
144 Railroad Avenue
Suite 232
Edmonds, WA 98020
borgen@waterexchange.com

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08/29/2016 Viviane Baji joins WestWater Research

PHOENIX, Arizona – WestWater Research is pleased to announce that Viviane Baji has joined the company’s Phoenix, Arizona office as a Research Analyst. Viviane comes to WestWater with applied research experience in water resource management, economic cost-benefit analysis, and other... Read More 

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PHOENIX, Arizona – WestWater Research is pleased to announce that Viviane Baji has joined the company’s Phoenix, Arizona office as a Research Analyst.

Viviane comes to WestWater with applied research experience in water resource management, economic cost-benefit analysis, and other areas of environmental and natural resource economics.  Viviane will serve clients by performing rigorous economic and market analysis.  Her work will support decision-making and keep clients informed regarding current trends in US water markets.

“WestWater Research is the premiere research organization working to examine western water markets and address knowledge gaps,” says Viviane. “I am excited to contribute meaningfully to the advancement of water market analysis while learning about the water industry.”

She holds dual degrees with Honors in Environmental and Natural Resource Economics and Business Economics with a minor in Environmental Studies from Utah State University.  At Utah State University, Viviane established and led an active Environmental and Natural Resource Economics Club that obtained grant funding and performed economic studies addressing pertinent issues in Utah’s Cache Valley.

“We are excited to welcome Viviane to the WestWater team,” says WestWater Research Managing Director Clay Landry.  “We are confident that her education and experience will be an asset to the company and an invaluable resource for our clients.”

Founded in 2001, WestWater Research is the leading economic consulting firm providing valuation, market analysis, planning, and transaction advisory services to the water resources sector. Our reputation has been earned through completing over $700 million in transaction advisory and valuation services. With offices in four states (ID, WA, AZ, CO), our team has over fifty years of experience in the water sector.

The Southwest office of WestWater Research was established in 2011 and serves as the company’s research and analysis center.

Read Viviane’s Full Bio

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08/26/2016 WestWater is hiring in Colorado

WestWater Research is seeking qualified applicants for a Research Associate position in the field of water resource economics and finance in our Fort Collins office. The successful candidate will be responsible for conducting water market research and water right valuation... Read More 

WestWater Research is seeking qualified applicants for a Research Associate position in the field of water resource economics and finance in our Fort Collins office. The successful candidate will be responsible for conducting water market research and water right valuation and financial analysis on company and client projects. The position may also be responsible for managing 2 to 3 member teams to complete projects.

Click here for a full job description and application instructions.

 

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