Water Capital Partners, LLC, Develops Groundbreaking Public-Private Partnership Concession Solutions for Rebuilding, Financing, and Managing Complex Water System Projects in Communities Struggling with Deteriorating Water Infrastructure and Considerable Debt Burden
As a PPP Development Expert, WCP:
- Identifies municipalities and regional authorities likely to benefit from a comprehensive solution of infrastructure development, financing and ongoing operational expertise to revitalize their water and wastewater system.
- Generates and stewards a carefully crafted roster of partners who collaborate to create the optimal solution for your water and wastewater system needs
- Employs a predictable and transparent process to structure an agreement that harmonizes the needs of public and private stakeholders.
- Establishes and leads the Concessionaire company and Operating Committee that oversee the transformation of the water system
- Utilizes a proven metric framework to ensure the project lives up to the letter and spirit of the agreement.
Our Team
Don CorrellChief Executive Officer and Co-Founder
Don is the rare corporate executive who has one foot planted firmly in the elevated world of corporate strategy and governance and the other foot rooted in the nuts and bolts of water system finance and operations. He serves as chairperson of the JV Company and operating committee that are created with the signing of each concession agreement. He brings a blue-chip sensibility to the running of these concession entities as well as the ability to ask probing, detailed questions designed to elicit the best solution for the water system and its customers. Outside of work, he can be found in Florida, strolling along his beloved Gulf of Mexico beach.
John JoynerManaging Partner and Co-Founder
An inveterate optimist and master problem-solver, John is an expert at structuring public-private partnerships to create a seamless solution for governmental and community leaders struggling with aging water systems and heavy debt burden. Uniquely, he has hands-on operating experience as a municipal official, and as a corporate executive for private municipal service providers.
John brings the voice of the customer to every aspect of developing and managing PPP concession agreements. He is a virtuoso at transforming a disparate group of stakeholders and partners into a cohesive team to revitalize customer water systems. Water is never far from his thoughts. When not masterminding the latest PPP concession agreement, he can be found boating off the shores of Maryland or on the lakes of New Hampshire.
Dan SugarmanManaging Director
With PPP agreements, the devil is in the details and Dan is the ultimate detail wrangler. He soldiers through complex financial models to arrive at the optimal financial arrangement for all stakeholders. As a mechanical engineer and long-time water service employee, he has an uncanny ability to make stakeholders understand how the numbers will play out in real world operations. Having engineered the details of the agreement, he is uniquely qualified to ensure the operational commitments, contract terms, and financial goals are met using WCP’s methodical and transparent processes. Outside of work, Dan has never met a boat he didn’t like and is an avid kayaker and outdoorsman.
Our Team
Don Correll
Chief Executive Officer and Co-Founder
- President and chief executive officer and a director of American Water Works Company, Inc., the largest and most geographically diversified provider of water services in North America
- President and chief executive officer of Pennichuck Corporation, a publicly traded holding company which, through its subsidiaries, provides public water supply services, certain water related services, and certain real estate activities, including property development and management
- Chairman, president and chief executive officer of United Water Resources, Inc., a water and wastewater utility company
- Independent advisor to water service and investment firms on issues relating to marketing, acquisitions, and investments in the water services sector
John Joyner
Managing Partner and Co-Founder
An inveterate optimist and master problem-solver, John is an expert at structuring public-private partnerships to create a seamless solution for governmental and community leaders struggling with aging water systems and heavy debt burden. Uniquely, he has hands-on operating experience as a municipal official, and as a corporate executive for private municipal service providers.
John brings the voice of the customer to every aspect of developing and managing PPP concession agreements. He is a virtuoso at transforming a disparate group of stakeholders and partners into a cohesive team to revitalize customer water systems. Water is never far from his thoughts. When not masterminding the latest PPP concession agreement, he can be found boating off the shores of Maryland or on the lakes of New Hampshire.
Johns comes to WCP with over 30 years of senior management experience in public use infrastructure project development, financing, construction, and operation including as:
- President of Inashco North America, Inc (now the Blue Phoenix Group) where he led the startup and rapid growth of a European based company that recovers non-ferrous metals from waste-to-energy facility ash.
- President of Infrastructure Management Group, a nationally recognized advisory firm in the aviation, transportation, and utility sectors that provides management solutions and creative financing for public-use infrastructure.
- Chief Marketing Officer for one of the biggest U.S. water companies where he led the development of groundbreaking public-private partnerships in the water industry.
- Vice President of Project Development for an independent power company active in the U.S. and Asia where he led project development and bidding consortiums.
- President and CEO of a small cap public company that permitted, constructed, and operated municipal waste-to-energy facilities, recycling facilities, and landfills.
- City planner in Fitchburg, Massachusetts.
Dan Sugarman
Managing Director
- Vice President of Marketing & Strategy at United Water/Suez where he led the company’s efforts to close a PPP transaction in the City of Bayonne, NJ and served on the R+I Alliance charged with researching commercially relevant technologies.
- Vice President of Metering Services Inc, a company dedicated to promoting automatic water meter reading, now the industry norm.
- A director with a broad portfolio of positions in water utility engineering, operations, finance, and business development.
“WCP decades long relationships means our clients have access to a wide range of partners, from MBE sources of capital to Global Investment firms as well as a broad selection of local and regional water service companies, engineering firms and construction companies.”
John Joyner
Managing Partner and Co-Founder, Water Capital Partners
What People Are Saying About Water Capital Partners
“It’s been reassuring to work through the issues of running a water and wastewater system with an experienced partner like WCP. They have been very meticulous, knowledgeable, and transparent in ensuring that the contract terms are met.”
Suzanne Cavanaugh, RN, BSN, Director of Municipal Services, The City of Bayonne
“I appreciate how WCP vets all capital expenditures to ensure the investment adds value to the water system, keeping rates at sustainable levels for the community while generating a fair return for investors.”
Ken Bonn, Managing Partner, Argo Infrastructure Partners
“WCP are tenacious problem-solvers when it comes to developing concession agreements.”
Kent Rowey, Partner, Allen & Overy
When it came to treating the municipality employees fairly, the concession team held up their part of the agreement regarding continued employment and career growth.
Operations Support Manager, Former Bayonne Municipal Employee
With their extensive water utility management expertise, WCP ensures a high level of service to customers as well as system operators and owners. At the end of the day, WCP keeps everybody focused on delivering on the promises of the concession agreement.
Michael Assante, Former Project Manager, Veolia North America
“WCP acts as a transparent interpreter of the private sector needs and assists government in understanding how private partnerships can deliver public sector benefits. I was impressed by their approach of “showing their hand” regarding many of the internal details of the private sector needs and objectives.”
Dennis Enright, Founder & Principal, NW Financial
Our Partners
