Aqua America Investments Include Indiana
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAqua America Inc. (NYSE: WTR) says it plans to invest more than $555 million this year across eight states, including Indiana as part of the seventh annual Infrastructure Week. The water and wastewater infrastructure repair and replacement company hopes to raise awareness of the critical state of infrastructure nationally.
A $3.2 million project at Aqua Indiana’s 2-million-gallon capacity South Haven wastewater treatment plant was completed in 2018. The project switched out chlorine gas with ultraviolet light for disinfection, a screening system to manage storm water and energy-efficient blowers. The improvements are expected to decrease electricity costs by up to 20 percent.
“As one of the largest water and wastewater utilities in the country, Aqua is committed to thoughtful and continuous investment in the infrastructure that delivers water and wastewater service to our customers safely and reliably,” said Aqua Chairman and Chief Executive Officer Christopher Franklin in a news release. “We strongly believe capital investments from private utility companies can be a large part of the solution to the country’s infrastructure problems. Infrastructure Week is an excellent opportunity to showcase how our team’s work to replace aging infrastructure improves the lives of our customers.”