American Water Works subsidiary Pennsylvania American Water secures PENNVEST funding to accelerate infrastructure upgrades and maintain cost efficiency for customers.
Pennsylvania American Water, a subsidiary of American Water Works, has secured a combination of grants and low-interest loans from the Pennsylvania Infrastructure Investment Authority (PENNVEST). This funding is specifically earmarked for critical infrastructure projects, which allows the company to advance water quality initiatives while simultaneously mitigating the impact of capital expenditures on customer rates.
The funding provides low-interest capital that helps the company maintain water quality standards while keeping customer costs down.
Pennsylvania American Water, a subsidiary of American Water Works, has been awarded a package of grants and low-interest loans from the Pennsylvania Infrastructure Investment Authority (PENNVEST). This capital injection supports critical water quality improvements while mitigating the financial burden on local ratepayers.
The funding is designed to support infrastructure projects that improve water quality and service reliability while keeping utility costs affordable for customers.