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California Water Service Grants $186,000 to Nine Fire Departments to Help First Responders Enhance Life-Saving Efforts
Globenewswire· 2025-12-22 21:15
Core Insights - California Water Service (Cal Water) has awarded over $186,000 to nine fire departments through its seventh annual Firefighter Grant Program to enhance their rescue and emergency services [1][2] Group 1: Grant Program Details - The grants will fund critical resources and equipment for fire departments, including laryngoscopes, ventilation fans, and gas detection equipment, aimed at improving fire protection and firefighter wellbeing [2] - The funding is part of Cal Water's philanthropic giving program and will not impact customer rates [3] Group 2: Recipients and Their Needs - Bakersfield Fire Department will receive funding for specialized equipment to enhance Urban Search and Rescue capabilities [5] - Chico Fire Department will acquire new gas detection equipment to improve firefighter safety [5] - City of Lomita will use the funds for local fire station improvements [5] - Los Angeles County Fire Department will support its K9 search and rescue dog program [5] - Salinas Fire Department will purchase video laryngoscopes for pre-hospital emergency care [5] - San Mateo Consolidated Fire Department will receive three 3,000-gallon SnapTanks for rapid deployment [5] - South San Francisco Fire Department will acquire a LION Smart Dummy Thermal Manikin for training exercises [5] - Stockton Fire Department will enhance safety with wildland personal protective equipment and training [5] - Visalia Fire Department will replace aging ventilation units with new battery-powered fans [5] Group 3: Company Overview - California Water Service provides reliable water utility services to over 2 million people through 499,600 service connections, focusing on enhancing community quality of life [4] - The company is recognized for its commitment to sustainability, community well-being, and has received accolades such as "America's Most Responsible Companies" [4]
H2O America Appoints Nicholas Whitley as Vice President of Business Development
Globenewswire· 2025-12-22 21:00
Core Viewpoint - H2O America has appointed Nicholas Whitley as vice president of business development to lead strategic growth initiatives in the water and wastewater sector [1][2]. Group 1: Appointment and Role - Nicholas Whitley will oversee business development initiatives aimed at expanding H2O America's water and wastewater footprint [1]. - His role includes identifying, evaluating, and executing strategic growth opportunities to support long-term sustainable growth [1]. Group 2: Experience and Background - Whitley brings over 20 years of experience in corporate development, mergers and acquisitions, and infrastructure investing across various sectors [2]. - He previously served as managing director of business development at NW Natural Holdings, where he led over 30 acquisitions, transforming the company into a diversified infrastructure holding [2][3]. - His past roles include senior positions at GE Oil & Gas and investment banking at Nomura International and Houlihan Lokey, focusing on complex transactions [3]. Group 3: Company Overview - H2O America is a national investor-owned network of local water and wastewater utilities, serving over 1.6 million people through its regional utilities [5][7]. - The company emphasizes the importance of delivering clean, high-quality water and invests in critical infrastructure to ensure sustainable water supply [6].
Here's Why Consolidated Water (CWCO) is a Strong Momentum Stock
ZACKS· 2025-12-22 15:51
Company Overview - Consolidated Water Co. is involved in the development and operation of seawater desalination plants and water distribution systems in areas with limited potable water supplies [12] - The company focuses on expanding operations in regions with a high proportion of tourist properties and growing populations [12] Zacks Rank and Style Scores - CWCO is currently rated as 3 (Hold) on the Zacks Rank, with a VGM Score of B [13] - The company has a Momentum Style Score of A, indicating strong recent performance, with shares up 5.5% over the past four weeks [13] - For fiscal 2025, three analysts have revised their earnings estimates upwards in the last 60 days, increasing the Zacks Consensus Estimate by $0.11 to $1.24 per share [13] - CWCO has an average earnings surprise of +47.5%, suggesting strong performance relative to expectations [13] Investment Consideration - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CWCO is recommended for investors' short lists [14]
Kentucky American Water Proudly Recognizes American Water Charitable Foundation State Strategic Impact Grant Recipients
Prnewswire· 2025-12-22 15:47
Core Insights - The American Water Charitable Foundation awarded over $75,000 in State Strategic Impact grants to 27 organizations in Central Kentucky in 2025, aimed at supporting community initiatives [1] Group 1: Grant Details - The State Strategic Impact grants are part of the 2025 Keep Communities Flowing Grant Program, focusing on three pillars: Water, People, and Communities [3] - The grants support high-impact projects and initiatives throughout American Water's national footprint [3] Group 2: Community Impact - Leila Salisbury, founder of The Kentucky Center for Grieving Children and Families, highlighted the importance of the grants in providing therapeutic experiences for youth facing significant loss [2] - Rob Burton, president of Kentucky American Water, emphasized the company's commitment to community support and resource accessibility [3] Group 3: Beneficiary Organizations - A total of 27 organizations received funding, including Arbor Youth Services, Bluegrass Greensource, Inc., and the Kentucky Center for Grieving Children and Families [5] Group 4: Company Background - American Water is the largest regulated water and wastewater utility in the U.S., serving over 14 million people across 14 states and 18 military installations [6] - Kentucky American Water, a subsidiary of American Water, provides services to approximately 527,000 people [7]
Xylem: A Secular Growth Within Water
Seeking Alpha· 2025-12-22 14:30
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
New Jersey American Water Signs Agreement to Purchase Hopewell Borough Water System
Prnewswire· 2025-12-18 18:29
Core Insights - New Jersey American Water has signed an agreement to acquire the water system in Hopewell Borough for $6.4 million, following a referendum where 58% of voters approved the sale [1][2] - The company plans to invest $7 million in infrastructure improvements within the first five years of ownership, focusing on replacing aging infrastructure and enhancing service reliability [2][3] Company Overview - New Jersey American Water is a subsidiary of American Water, the largest regulated water utility in the state, serving approximately 2.9 million people [6] - American Water is the largest regulated water and wastewater utility company in the U.S., providing services to over 14 million people across 14 states [4] Investment and Infrastructure Plans - The planned $7 million investment will include identifying additional improvements through a comprehensive analysis of the system after the acquisition [2] - The company aims to replace all utility-owned and customer-owned lead and galvanized steel service lines by 2031 and replace aging water mains [6] Community Impact - The acquisition is expected to modernize water infrastructure, ensure safe and reliable service, and potentially reduce water rates for residents [3] - The agreement allows Hopewell Borough to retire municipal debt and reinvest funds into community priorities, emphasizing sustainability and affordability [3] Transition and Approval - New Jersey American Water is committed to ensuring a smooth transition for customers and anticipates completing the acquisition in the first half of 2026, pending approval from the New Jersey Board of Public Utilities [3]
American Water Charitable Foundation Awards $200,000 through One Water Street Grant Program
Prnewswire· 2025-12-18 17:02
Core Insights - The American Water Charitable Foundation awarded a total of $200,000 in One Water Street grants to 20 nonprofit organizations in Camden, N.J. for the year 2025 [1] - The Foundation has invested a cumulative total of $280,000 in One Water Street grants over the past seven years to support the Community and Urban Science Enrichment (CAUSE) program [2] - Since its inception in 2012, the Foundation has contributed over $20 million in grants and matching gifts to support eligible organizations in communities served by American Water [3] Grant Program Details - The One Water Street Grant is part of the Keep Communities Flowing Grant Program, which focuses on three pillars: Water, People, and Communities [2] - The grants aim to support high-impact projects that benefit the Camden community, where American Water's corporate headquarters is located [2] Community Investment - American Water, along with its subsidiaries, has collectively contributed over $8 million in charitable contributions to the Camden community since 2018 [5] - The 2024 Camden Community Investment Report reaffirms American Water's commitment to being a responsible corporate citizen in the community [5] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states and 18 military installations [6] - The company has a history dating back to 1886 and focuses on providing safe, clean, reliable, and affordable drinking water and wastewater services [6]
Essential Utilities Shows Holiday Spirit Announcing More than $1.2 Million in Donations Through Two Major Campaigns
Businesswire· 2025-12-18 12:00
Core Insights - Essential Utilities Inc. announced the successful results of its 2025-2026 United Way campaign and its fifth annual Fall for Food Banks initiative, mobilizing employees across its nine-state footprint [1] - The company raised a total of $1,277,325 to support local communities facing food insecurity and other challenges [1] - More than $755,000 was raised through individual pledges from employees during the United Way campaign [1]
Kentucky American Water Granted New Water Rates by Kentucky Public Service Commission
Prnewswire· 2025-12-17 21:15
Core Insights - Kentucky American Water has received approval for new water rates, resulting in an annual revenue increase of approximately $18.2 million [1][2]. Group 1: Rate Increase Details - The rate request was filed on May 16, 2025, primarily due to over $212 million in improvements to the water treatment and distribution system [2]. - The new rates became effective on December 16, 2025, with the average monthly bill for residential customers using 3,900 gallons increasing by about $2 [3]. Group 2: Company Commitment and Services - Kentucky American Water serves over 527,000 people across 13 counties, emphasizing its commitment to providing safe, clean, reliable, and affordable water services [4][8]. - The company offers various customer assistance programs, including payment plans and budget billing, to support income-eligible customers [5]. Group 3: Parent Company Overview - American Water, the parent company of Kentucky American Water, is the largest regulated water and wastewater utility in the U.S., serving over 14 million people [6]. - The company has a long history dating back to 1886 and operates in 14 states and on 18 military installations [6].
West Virginia American Water President Addresses New Infrastructure Report Card, Urges Collaboration Around Critical Water Infrastructure
Prnewswire· 2025-12-17 17:32
Core Insights - West Virginia's drinking water infrastructure received a D+ grade, while wastewater infrastructure received a D grade according to the ASCE's 2025 Report Card [1][2] - The EPA's 2023 assessment indicates that West Virginia needs to invest approximately $4.5 billion in drinking water infrastructure over the next two decades, with even greater resources required for wastewater systems [2] - West Virginia American Water has invested over $736 million in water infrastructure improvements over the past decade and plans to continue these efforts [3] Investment Needs - The state requires sustained investment and coordinated action from utilities, regulators, legislators, and local leaders to address the infrastructure challenges [3] - American Water, the parent company of West Virginia American Water, plans to invest more than $46 billion across its operations, including West Virginia, over the next ten years [3] Company Overview - West Virginia American Water is the largest regulated water utility in the state, serving approximately 583,000 people with safe, clean, and reliable water and wastewater services [4]