1. American Water commits to invest $40-$42 billion in infrastructure upgrades. 2. The initiative aims to improve water reliability and community resilience. 3. The company offers financial assistance for customers facing challenges. 4. The campaign emphasizes the importance of water conservation and protection. 5. Cheryl Norton highlights the essential role of water in thriving communities.
The significant infrastructure investment indicates strong future growth potential for AWK, historically associated with positive stock performance during expansion periods.
The focus on significant investment and community support enhances AWK's reputation, potentially attracting more investors, thereby significantly impacting its stock price.
Over the next decade, investments will likely enhance AWK's operational efficiency, driving sustainable growth and improved returns over an extended period, as seen in previous infrastructure-focused development phases.
American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., highlights Imagine a Day Without Water to focus on the actions that individuals, communities, and policymakers can take to help protect our most precious resource through conservation and continuing investment in water and wastewater infrastructure.
"Water is the foundation of healthy, thriving communities," said Cheryl Norton, EVP and Chief Operating Officer, American Water. "American Water is committed to providing safe, clean, reliable and affordable water and wastewater services to its customers. Over the next ten years, we plan to invest $40-$42 billion in infrastructure upgrades to our water and wastewater systems across the U.S., strengthening system reliability and resiliency in the communities we proudly serve."
Imagine a Day Without Water serves as a reminder of water's essential role in everyday life and the importance of protecting it. Every action matters! Start protecting water today with these tips:
American Water also recognizes some customers may face financial challenges that stretch their resources. To this end, the company offers flexible billing options and financial assistance programs to help keep life flowing for customers. For more information, visit: amwater.com/corp/Customers-and-Communities/customer-assistance-programs.
About American Water
American Water (NYSE:AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.
For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.
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Media Contact:
Alicia Barbieri
Director, Corporate Communications and External Affairs
American Water
(856) 676-8103
alicia.barbieri@amwater.com