American Water White Paper Highlights Community Benefits of Water and Wastewater System Partnerships
American Water released a white paper promoting the benefits of public-private partnerships, citing a 2017 acquisition in McKeesport, PA that provided $40 million in net proceeds to help the city avoid bankruptcy. In Bellflower, CA, the company invested $4.5 million in upgrades since acquiring the system in 2022, with plans for an additional $10 million in improvements by 2027.
Key figures
- Bellflower upgrades usd
- 4500000
- Mckeesport proceeds usd
- 40000000
- Ten year capex plan usd
- 48000000000
- Bellflower planned improvements usd
- 10000000
AI analysis
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