Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Aqua Pennsylvania Completes Improvements Laurel Lakes and Rivercrest Wastewater Treatment Plants

businesswire.com
WTRG The article discusses Aqua Pennsylvania's completion of wastewater treatment plant upgrades totaling $17 million, funded partly by PENNVEST loans. While the upgrades enhance system efficiency and reliability, the company's stock symbol is not explicitly mentioned. The sentiment is neutral as it focuses on operational improvements and infrastructure investment rather than direct stock performance.

Aqua Pennsylvania Completes Improvements Laurel Lakes and Rivercrest Wastewater Treatment Plants BRYN MAWR, Pa.--( BUSINESS WIRE)--Aqua Pennsylvania announced the completion of two major wastewater treatment projects in Northeastern Pennsylvania totaling nearly $17 million. The completed upgrades at Aqua’s Laurel Lakes Wastewater Treatment Plant in Rice Township, Luzerne County, and Rivercrest Wastewater Treatment Plant in Tunkhannock Township, Wyoming County enhance system efficiency and ensure long-term service reliability.

Improvements to the wastewater treatment plants include:

For customers, these improvements mean continued reliable wastewater service, enhanced environmental protection, and infrastructure designed to meet today’s demands while supporting long-term community needs. By replacing aging equipment and adding modern treatment and disinfection technologies, the projects reduce the risk of service interruptions, strengthen performance during periods of heavy rain and snow, and help ensure consistent, high-quality wastewater treatment for years to come.

The Laurel Lakes and Rivercrest plants serve a combined 430 customers.

To help fund these key infrastructure improvements, Aqua Pennsylvania secured low-interest loans through PENNVEST (Pennsylvania Infrastructure Investment Authority). The nearly $9.5 million loan for Laurel Lakes Wastewater Treatment Plant and the nearly $7.5 million loan for Rivercrest Wastewater Treatment Plant help minimize the financial impact on customers.

“A crucial part of our service is investing in long-term infrastructure improvements that directly impact our customers’ quality of life,” said Aqua Pennsylvania President Marc Lucca. “We are keenly aware that these investments, while critical, can be expensive. That’s why we aggressively seek out alternate funding sources to help balance affordability for customers.”

“Upgrading critical wastewater infrastructure is important for protecting public health and ensuring long-term reliability,” said State Representative Alec Ryncavage. “Just as important is making sure these investments are done responsibly, with affordability and accountability for ratepayers at the forefront. It’s encouraging to see an effort to approach these improvements with cost impacts in mind.”

“Investments in wastewater infrastructure are important for protecting public health, supporting environmental stewardship, and making sure communities have reliable service for years to come,” said State Senator Lynda Schlegel Culver. “I commend and appreciate Aqua on their focus to complete these improvements with both long-term needs and ratepayer affordability in mind.”

Both projects reflect Aqua Pennsylvania’s ongoing commitment to delivering dependable service, protecting public health, and supporting a healthier environment for current and future generations. Aqua Pennsylvania’s continued investment in its infrastructure underscores the company’s dedication to our customers across the Commonwealth.

Learn more about Aqua’s ongoing work to protect public health and deliver high-quality services here.

About Aqua Pennsylvania

Aqua Pennsylvania serves approximately 1.5 million people in 33 counties throughout the Commonwealth of Pennsylvania. Visit AquaWater.com for more information or follow Aqua on Facebook at facebook.com/AquaWater and on X at @AquaWater.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which generally include words such as “believes,” “expects,” “intends,” “anticipates,” “estimates” and similar expressions. The Company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent its views only as of today and should not be relied upon as representing its views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the company’s actual results to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to statements relating to the capital to be invested including the timing of capital investments, in Aqua’s water and wastewater infrastructure; that it will continue to seek and receive grants, principal loan forgiveness and low-interest loans; compliance with state and federal regulations; and the impact of any funding received on customer rates. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including the factors discussed in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, which is filed with the Securities and Exchange Commission. For more information regarding risks and uncertainties associated with The Company’s business, please refer to the Company’s annual, quarterly and other SEC filings. The Company is not under any obligation - and expressly disclaims any such obligation - to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.