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American Water White Paper Cites Benefits From System Partnerships

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American Water released a white paper on community benefits from water and wastewater system partnerships using proceeds from acquired systems. A sale generated $40 million net proceeds that helped a city avoid bankruptcy and stabilize wastewater rates. Since 2022, California American Water completed $4.5 million in upgrades, replaced 8,510 feet of mains, and improved water quality; more than $10 million in improvements are planned by 2027, alongside about $48 billion in capital investment over 10 years.

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