Pennsylvania American Water Receives $19.3 Million in PENNVEST Funding to Make Water and Wastewater Infrastructure Improvements
24 Januar 2025 - 3:25PM
Business Wire
The Shapiro administration recently announced that Pennsylvania
American Water was awarded two low-interest loans and a grant from
the Pennsylvania Infrastructure Investment Authority (PENNVEST)
totaling $19.3 million. The funding will support two of the
company’s infrastructure improvement projects, including wastewater
treatment plant upgrades and the replacement of lead water services
lines in McKean and Allegheny counties, respectively.
“At Pennsylvania American Water, we strive to provide our
customers with high-quality, reliable water and wastewater services
while also meeting environmental standards and regulations. We’re
thankful to PENNVEST for approving funding requests for projects
that will support us in those efforts,” said Pennsylvania American
Water Interim Vice President of Engineering Tony Nokovich. “This
funding will have a positive impact on the service provided for
many of our customers by enabling us to continue our efforts to
remove lead service lines and also to repair aging wastewater
infrastructure.”
A PENNVEST loan of $2,462,153 and grant of $1,637,847 will
support capital projects at the company’s Kinzua Road Wastewater
Treatment Plant in Kane Borough, McKean County, to improve multiple
aspects of the plant’s operations, including preliminary treatment,
UV disinfection, aeration and dewatering and sludge handling. These
alterations will allow the plant to increase its peak wet weather
flow capacity from 3.5 million gallons per day (MGD) to 5.25 MGD
and reduce the quantity of combined sewer overflow bypass events.
Funding will also support upgrades to the plant’s electrical and
technology systems.
Another $15.2 million PENNVEST loan will fund a project to
replace 250 identified lead water service lines in Homestead
Borough, Allegheny County. Removal of all leaded components will
provide direct water quality improvements to customers and is
consistent with regulatory and Pennsylvania American Water
initiatives to eliminate lead-containing lines from the public
water supply system. Learn more at
pennsylvaniaamwater.com/leadfacts.
The terms of the loan for the Kinzua Road Wastewater Treatment
Plant project are 1% for the full 30-year loan period. For the
Homestead Borough lead service line replacement project loan, the
terms are 1% for the first five years and 1.743% for the remainder
of the 20-year loan period.
About American Water
American Water (NYSE: AWK) is the largest regulated water and
wastewater utility company in the United States. With a history
dating back to 1886, We Keep Life Flowing® by providing safe,
clean, reliable and affordable drinking water and wastewater
services to more than 14 million people with regulated operations
in 14 states and on 18 military installations. American Water’s
6,500 talented professionals leverage their significant expertise
and the company’s national size and scale to achieve excellent
outcomes for the benefit of customers, employees, investors and
other stakeholders.
For more information, visit amwater.com and join American Water
on LinkedIn, Facebook, X and Instagram.
About Pennsylvania American Water
Pennsylvania American Water, a subsidiary of American Water, is
the largest regulated water utility in the state, providing
high-quality and reliable water and wastewater services to
approximately 2.3 million people.
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version on businesswire.com: https://www.businesswire.com/news/home/20250124827174/en/
Media Contact: David Misner Senior Manager, External
Communications 717-262-7525 david.misner@amwater.com
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