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Stock impact report

Aqua Pennsylvania Awarded Nearly $17 Million in PENNVEST Funding for PFAS Treatment Projects in Bucks, Chester & Montgomery Counties

Essential Utilities, Inc. (WTRG) 
Last essential utilities, inc. earnings: 2/26 05:01 pm Check Earnings Report
Company Research Source: Business Wire
Funding is part of Aqua Pennsylvania’s commitment to remove “forever chemicals” to meet new federal drinking water standards; reduces associated costs for customersSince 2021, Aqua Pennsylvania awarded nearly $208 million in PENNVEST funding BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua Pennsylvania announced it was awarded a combination of principal forgiveness loans and low-interest loans through the Pennsylvania Infrastructure Investment Authority (PENNVEST). Funding totaling $16.9 million will support 5 PFAS treatment systems at 9 community well sites in southeastern Pennsylvania, which will meet federal regulatory requirements. Aqua Pennsylvania is already in full compliance with the Pennsylvania Department of Environmental Protection (DEP) PFAS drinking water standards.“Aqua Pennsylvania is committed to removing ‘forever chemicals’ from drinking water and we want to honor that commitment by reducing the financial burden to our customers,” said Aqua Pennsylvania President Marc Lucca. Show less Read more
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