American Water White Paper Cites Benefits From System Partnerships
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.
Coverage (3)
- American Water white paper emphasizes benefits to community of water and wastewater system partnerships (roi-nj.com)
- American Water White Paper Highlights Community Benefits of Water and Wastewater System Partnerships (prnewswire.com)
- American Water White Paper Highlights Community Benefits of Water and Wastewater System Partnerships (finance.yahoo.com)