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-0.000350480937731344 -0.000272596284902033 0.00229759725846012 0.00315432843958099 0.00502356010748068 0.00580240663577246 0.00619182989991812 0.00607500292067449
Stock impact report

American Water's (AWK) New Jersey Arm Buys Assets of Salem City [Yahoo! Finance]

American Water Works Company, Inc. (AWK) 
Last american water works company, inc. earnings: 2/18 04:37 pm Check Earnings Report
US:NYSE Investor Relations: ir.amwater.com
Company Research Source: Yahoo! Finance
On May 22, 2024, the New Jersey Board of Public Utilities approved the municipal consent allowing New Jersey American Water to provide services to Salem City customers following the closing of the transaction. These former municipally owned systems serve more than 2,300 water and 2,300 wastewater customers. Per the agreement, New Jersey American Water will spend more than $50 million on upgrades during the first 10 years of the arrangement. These expenditures cover a comprehensive capital improvement plan that includes PFNA treatment deployment, important system improvements, and maintenance of the City's aging water and wastewater infrastructure. Need for Investments & Consolidation Aging water and wastewater infrastructure, and delays in essential upgrades are concerns for the industry. Per the American Society of Civil Engineers, nearly 50,000 community water systems and 16,000 wastewater treatment systems in the United States are presently providing water solutions to custo Show less Read more
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