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Tallinna Vesi and Nordic Investment Bank signed a loan agreement
Globenewswire· 2025-12-11 07:09
Core Points - Tallinna Vesi signed a €25 million loan agreement with the Nordic Investment Bank to finance investments in 2025–2026, with total investments amounting to €60 million for each year [1][2] - The investments aim to reduce environmental impact and enhance cost efficiency, aligning with the Tallinn Public Water Supply and Sewerage Development Plan [1][3] - The loan will specifically fund the modernization of Tallinn's wastewater infrastructure, including the reconstruction of up to 18 kilometers of the wastewater network and upgrades to the wastewater treatment plant [2][3] Financial and Operational Details - The loan agreement has a duration of 15 years and is part of a financing structure established in 2023 [4] - AS Tallinna Vesi is the largest water utility in Estonia, serving approximately 25,000 private and business customers and around 500,000 end consumers in Tallinn and nearby municipalities [5] - The ownership structure includes the City of Tallinn holding 55.06% and the energy group Utilitas holding 20.36%, with 24.58% of shares freely floating on the Nasdaq Tallinn Stock Exchange [5]
AWK's Unit Expands With the Acquisition of Yerba Buena Water Company
ZACKS· 2025-12-10 19:46
Key Takeaways American Water Works' unit acquired Yerba Buena Water Company, adding about 250 customers. The acquisition marks AWK's unit ninth in five years, bringing over 13,000 new customers since 2020.American Water Works is pursuing 22 pending acquisitions that may further grow its customer base.American Water Works Company, Inc. (AWK) announced that its unit, California American Water, acquired Yerba Buena Water Company. The company added nearly 250 customers through the acquisition of Yerba Buena’s w ...
Pennsylvania American Water Asks Customers in 17 Counties to Reduce Nonessential Water Use During Drought Watch Declaration
Prnewswire· 2025-12-10 16:47
MECHANICSBURG, Pa., Dec. 10, 2025 /PRNewswire/ -- Pennsylvania American Water is encouraging customers throughout portions of its statewide service territory to voluntarily reduce their water consumption in response to the drought watch declaration expansion announced this week by the Pennsylvania Department of Environmental Protection (DEP). While the company always encourages wise water use, Pennsylvania American Water is asking residents and businesses to voluntarily reduce their nonessential water use b ...
California American Water Completes Acquisition of Yerba Buena Water Company
Prnewswire· 2025-12-09 22:56
This marks California American Water's ninth acquisition in the past five years, adding more than 13,000 new water and/or wastewater customers since 2020. SAN DIEGO, Calif., Dec. 9, 2025 /PRNewswire/ -- California American Water announced today that it has completed its acquisition of the Yerba Buena Water Company water system. The purchase of the system, which serves approximately 250 customers, was previously approved by the California Public Utilities Commission (CPUC) and reflects California American Wa ...
Illinois American Water Completes Major Improvements, Enhancements to Regional Water Treatment Plant Near East St. Louis
Prnewswire· 2025-12-09 21:08
Since 2019, $157 million has been invested in major upgrades and enhancements to the Metro East regional water treatment plant that focus on service reliability, water quality and operational efficiencies, while incorporating state-of-the-art environmental technology. BELLEVILLE, Ill., Dec. 9, 2025 /PRNewswire/ -- In 2025, Illinois American Water's Interurban (Metro East) District completed the final stages of significant upgrades and enhancements to its historic water treatment plant on the Mississippi Riv ...
Is American Water Works a Quiet Millionaire-Maker Stock?
The Motley Fool· 2025-12-09 18:05
A $10,000 investment in this utility company 15 years ago would be worth $51,883 today.There's a saying on Wall Street: "Boring is beautiful." Sure enough, there's nothing glamorous about America's largest water utility, but its long-term shareholders aren't complaining. Over the last 15 years, shares of American Water Works (AWK +0.19%) have delivered an average annualized return of 11.6% that turned every $10,000 invested into $51,883. With dividends reinvested, that amount would have snowballed into $72, ...
Itron and the City of Tucson Collaborate on New AMI Project to Enhance Water Conservation
Globenewswire· 2025-12-09 13:45
Core Insights - Tucson Water is partnering with Itron, Inc. to implement Advanced Metering Infrastructure (AMI) Essentials for water, aimed at enhancing water conservation efforts and improving operational efficiency [1][2][5] Group 1: Project Overview - The AMI project began in Q3 2025 and is expected to be fully completed by the end of 2029, aligning with Tucson's One Water 2100 Plan for sustainable water management [2][6] - Itron's solution includes 250,000 smart water communication modules, cellular Network-as-a-Service (NaaS), and Temetra meter data management, facilitating a comprehensive transformation of Tucson's water utility operations [2][4] Group 2: Key Benefits - Water Conservation: The AMI solution will help identify potential leaks and provide detailed consumption data, empowering customers to make informed water usage decisions [4][5] - Enhanced Customer Service: The system will proactively alert the city of unusual spikes in water usage, enabling swift responses to reduce water loss [4][5] - Improved Operational Efficiency: The modules will automatically collect and transmit data, optimizing resource use and saving time for the utility [4][6] Group 3: Technological Components - Itron Cellular 500W Modules will transform existing water meters into smart meters, collecting data every 15 minutes [4] - Itron's Cellular NaaS will manage the network and software, ensuring secure data collection and management [4] - Temetra, Itron's cloud-based platform, will unify meter readings and support proactive infrastructure management [4][6] Group 4: Strategic Importance - The deployment of AMI is seen as a crucial investment for Tucson Water, enhancing reliability and resilience in water management [5][6] - The initiative reflects Tucson's commitment to responsible water stewardship and community-driven conservation strategies [2][5]
Is American Water Works Stock Underperforming the Nasdaq?
Yahoo Finance· 2025-12-09 12:15
With a market cap of $25.1 billion, American Water Works Company, Inc. (AWK) is a major U.S. provider of water and wastewater services, serving roughly 3.5 million customers across 14 states. Through its extensive infrastructure, spanning treatment plants, wells, pumping stations, storage facilities, and thousands of miles of mains, it supports residential, commercial, industrial, and public sector clients. Companies valued at $10 billion or more are generally considered “large-cap” stocks, and American W ...
Wall Street Sees a 38% Upside to H2O America (HTO)
Yahoo Finance· 2025-12-09 11:36
Group 1: Investment Potential - H2O America (NASDAQ:HTO) is identified as one of the best dividend stocks to buy, with an average price target suggesting a 27% upside and a Street high indicating a 38% upside [1][3] - The company reported a GAAP net income of $45.1 million for Q3 2025, reflecting a 17% increase compared to the prior-year quarter [3] Group 2: Recent Developments - H2O America's subsidiary, San Jose Water Company, along with three other water utilities, received approval to extend their 2026 Cost of Capital filing until May 1, 2027, which is expected to reduce administrative processing costs [2] - The company is making progress in expanding its presence in Texas through the acquisition of Quadvest and the Cibolo Valley wastewater system [3] Group 3: Financial Performance - For Q3 2025, H2O America reported diluted EPS of $1.27 and operating revenue of $240.6 million, marking increases of 9% and 7% respectively compared to the same quarter last year [3]
American Water Charitable Foundation supports Sacramento Food Bank and Family Services with $5,000 State Strategic Impact Grant
Prnewswire· 2025-12-08 16:20
SACRAMENTO, Calif., Dec. 8, 2025 /PRNewswire/ -- This holiday season, the American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., and California American Water are proud to support Sacramento Food Bank and Family Services with a $5,000 State Strategic Impact Grant, provided by the Foundation. Recognizing the organization's important role in addressing food insecurity, this ...