California American Water President Addresses New ASCE Report Card, Urges More Investment in Critical Water Infrastructure
American Water Works Company, Inc. (AWK)
Last american water works company, inc. earnings: 2/18 04:37 pm
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Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)--Kevin Tilden, President of California American Water, issued the following statement in response to the grades of C- for water and D+ for wastewater in the American Society of Civil Engineers' 2025 Report Card for America’s Infrastructure.“The ASCE 2025 Report Card reveals no change or improvement over the last four years – America's drinking water and wastewater infrastructure is stagnant,” Tilden said. “The Report Card highlights the urgent need for significant investment in water and wastewater infrastructure, not just across the nation, but also here in California. Our state continues to face challenges when it comes to investing in critical infrastructure, particularly in these sectors.”In California, where climate change intensifies drought conditions and aging infrastructure poses increasing risks, capital investments in water utility systems are not merely advisable, but essential. These investments ensure the delivery of safe, reliable water to
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