American Water Works Company, Inc. reports developments tied to its regulated water and wastewater utility operations across the United States. The company provides drinking water and wastewater services to about 14 million people through regulated operations in 14 states and on 18 military installations, with operating subsidiaries including California American Water, Pennsylvania American Water, Maryland American Water, Virginia American Water, Illinois American Water, Iowa American Water and Tennessee American Water.
News for AWK commonly covers annual water quality and Consumer Confidence Reports, state-level service updates, infrastructure investment, public utility rate proceedings, drinking water standards, community programs and subsidiary activity in local service territories. Updates also reference the company’s long operating history and its role in regulated water and wastewater service delivery.
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American Water Works Company (NYSE: AWK) has completed the sale of its regulated operations in New York to Liberty Utilities for $608 million in cash. Announced on November 20, 2019, and approved by the New York State Department of Public Service on December 16, 2021, this strategic divestiture is aimed at enhancing value for customers and shareholders. The sale was finalized on January 1, 2022, further solidifying Liberty's presence in New York.
Indiana American Water has acquired the Lowell water system for $24.5 million, adding approximately 4,000 customers and serving nearly 11,000 residents. This acquisition is the company's largest in over two decades and aligns with its strategy to expand its presence in Indiana. With this system, Indiana American Water aims to offer improved rate stability and enhanced customer service options, leveraging economies of scale. The Indiana Utility Regulatory Commission approved the acquisition on December 22, 2021, and it was finalized on December 28, 2021.
Pennsylvania American Water, in partnership with the City of York and the York City Sewer Authority, has applied to acquire the York City Sewer Authority, which serves over 13,000 customers. This acquisition, initially agreed in April 2021, aims to alleviate the financial burden of upgrading the aging wastewater system to meet new regulations. A public input hearing by the Pennsylvania Public Utility Commission is set for January 5, 2022, inviting community feedback. Customers can pre-register to testify until January 3, 2022. The transaction is significant for local infrastructure improvements.
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New Jersey American Water has completed its 2021 lead and copper testing, confirming that all 24 tested water systems meet state water quality regulations. These results support the company's ongoing commitment to infrastructure investments, totaling approximately $350 million annually, aimed at enhancing water service reliability. Matthew Csik, Director of Water Quality, emphasized the importance of these results for consumer confidence in water safety. The findings will be detailed in next year's Water Quality Reports, due by June 1, 2022.
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Missouri American Water has awarded over $43,000 in grants to local fire departments through its 2021 Firefighter Grant Program, aimed at enhancing community safety. Since its inception in 2016, the program has provided funding for critical equipment and training to more than 150 fire departments. This year, 25 fire protection districts in St. Louis and St. Charles Counties received funding for essential items, including personal protective equipment and fire rescue training tools, supporting over 1.5 million residents served by Missouri American Water.
Illinois American Water has launched a family-friendly animated video this holiday season to educate customers on preventing clogs caused by fats, oils, and grease (FOG). The video features engaging characters representing these substances as 'uninvited guests' that can harm plumbing and sewer systems. Justin Ladner, the company's president, emphasized the importance of proper disposal to avoid plumbing issues. The video is part of ongoing efforts to promote community health by encouraging best practices in wastewater management.
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