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California Water's Capital Investments to Improve Resiliency
CWTCalifornia Water Service(CWT) ZACKS·2025-03-10 13:40

California Water Service Group (CWT) invested a record 471millionincapitalimprovementsthroughoutitsserviceareasin2024.Infrastructureimprovementscompletedlastyearexceededtheprevioushighinvestmentrecordedin2023by471 million in capital improvements throughout its service areas in 2024. Infrastructure improvements completed last year exceeded the previous high investment recorded in 2023 by 87 million.Group subsidiary California Water Service’s annual Main Replacement Program, the largest portion of the company’s infrastructure improvement plans, accounted for $156 million in completed projects. In 2024, the company installed 189,135 feet of pipe, or nearly 36 ...