American Water Works' (AWK) Pennsylvania American Water unit said Friday it has obtained funding totaling $19.3 million from Pennsylvania Infrastructure Investment Authority for two infrastructure improvement projects in the state.
The two low-interest loans and a grant will support two of its projects, including wastewater treatment plant upgrades and the replacement of lead water services lines in McKean and Allegheny counties, respectively, the company said.
Price: 122.27, Change: +0.46, Percent Change: +0.38
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.