Essential Utilities' (WTRG) Unit Secures $77.5M Loan for Upgrade

American Water Works (AWK) is systematically investing across its service region in the United States. The company aims to invest $3.1 billion in 2024, a major portion of which will be utilized for infrastructure improvements in regulated businesses. AWK aims to invest in the range of$16-$17 billion from 2024-2028 and$34-$38 billion in the 2024-2033 period. Shares of Essential Utilities have gained 16.6% in the past three months, compared with the industry's 14.3% growth. Investment in Water Industry The ...