A PARTNERSHIP FOR RIALTO
Rialto Water Services is owned by an affiliate of Ullico, the nation’s first labor-owned financial services company, and Table Rock Capital, and is committed to the long-term success of this groundbreaking arrangement.
Based in San Francisco, Table Rock Capital is a private equity team specializing in public-private infrastructure finance. With a record rooted in both global finance and the politics of local, Table Rock’s central focus and expertise lies in accelerating and improving the delivery of infrastructure to meet the objectives of its public partners, and produce overall value for money and life-cycle cost savings. Table Rock is a leading voice on P3 policy and practice, welcomes the challenge of tough problems, and is experienced in water and wastewater, energy and transmission, social infrastructure, transportation and telecom.
Commitment to the health of the local community and the active development of quality jobs is core to the infrastructure investments of the Ullico affiliate (that is majority owner of Rialto Water Services. Founded in 1927, The Union Labor Life Insurance Company (Ullico) is steadfastly committed to serving the needs of unions, union leaders, union employers and union members and their families. A labor-owned insurance and financial services company, Ullico is based in Washington, D.C. with a family of companies that includes Ullico Investment Advisors, Inc.; The Union Labor Life Insurance Company; Ullico Casualty Company; Ullico Investment Company, Inc.; and Ullico Casualty Group Inc.
Based in Boston, Veolia North America is the leading provider of comprehensive water and wastewater partnership services to approximately 530 North American communities. The company provides sustainable environmental solutions in water management, waste services and energy management. Veolia is the world leader in water and wastewater services and technological solutions. Veolia has been operating Rialto’s wastewater system successfully since 2003, and has been active in California for 40 years.
“We’ve worked with Veolia for years in the community and this arrangement allows for both continuity and improvement in the water resource and wastewater service, and it assures us that the total commitment to the residents of the City of Rialto is met.”
– Mike Story, Rialto City Administrator
Veolia’s services include everything required to design, build, operate, maintain, upgrade and manage water and wastewater treatment facilities and systems, and are backed by years of experience and proprietary technologies.