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California approves land lease for Monterey Peninsula desalination project to secure drought-proof water.

Market News
23 Jun 2026
PRNewsWire
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Bullish
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The California State Lands Commission has approved California American Water's lease application for state lands needed to build subsurface slant wells for the Monterey Peninsula desalination project. This project aims to provide a reliable, drought-resistant water supply to the region, reducing dependence on the Carmel River. The desalination plant will use environmentally friendly slant wells that filter seawater naturally and minimize harm to marine life. This approval is key to addressing a projected water deficit of 815 million gallons per year by 2050 and supports sustainable growth and long-term water reliability for the Monterey community.

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Illinois American Water offers grants for reusable water bottle filling stations to reduce plastic waste.

Illinois American Water offers grants for reusable water bottle filling stations to reduce plastic waste.

Illinois American Water and the American Water Charitable Foundation have opened applications for the 2026 Hydration Station Grant Program, providing funding to eligible organizations in Illinois to install reusable water bottle filling stations. Thi...

Others
Bullish
6 hours ago
American Water leads U.S. utilities with 27 plants awarded for water quality excellence.

American Water leads U.S. utilities with 27 plants awarded for water quality excellence.

American Water, the largest regulated water and wastewater utility in the U.S., received national recognition for 27 of its water treatment plants achieving high standards of water quality. These awards from the Partnership for Safe Water highlight t...

Market News
Bullish
14 hours ago
Two Indiana American Water plants earn 25-Year Directors Award for water quality excellence

Two Indiana American Water plants earn 25-Year Directors Award for water quality excellence

Indiana American Water's Muncie – White River and Kokomo – Wildcat Creek water treatment plants received the 25-Year Directors Award from the Partnership for Safe Water, recognizing 25 years of consistent excellence in water treatment and regulatory ...

Market News
Bullish
14 hours ago
Five Missouri American Water plants earn top awards for water quality excellence

Five Missouri American Water plants earn top awards for water quality excellence

Five drinking water treatment plants operated by Missouri American Water received prestigious national awards from the Partnership for Safe Water, recognizing 25 years of excellence in water quality. These awards highlight the company's commitment to...

Market News
Bullish
14 hours ago
New Jersey American Water invests $28M in Salem City water upgrades, plans $48M more over 5 years

New Jersey American Water invests $28M in Salem City water upgrades, plans $48M more over 5 years

New Jersey American Water has invested over $28 million in upgrading Salem City's water and wastewater systems since acquiring them in June 2024, with an additional $48 million planned over the next five years. Key improvements include wastewater pla...

Company Fundamentals
Bullish
1 day ago
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