Aqua Pennsylvania Wins More Than $74 Million in PENNVEST Funding for PFAS Removal
AI Briefing
- • Aqua Pennsylvania wins $74.3 million in PENNVEST funding for PFAS removal projects.
- • Funding supports PFAS treatment projects, including Neshaminy Water Treatment Plant in Bucks County.
- • Loan awards mark milestone in Aqua's mission to explore alternative funding sources.
Context
Aqua Pennsylvania has been awarded $74.3 million in funding from the Pennsylvania Infrastructure Investment Authority. The funding consists of principal forgiveness loans and low-interest loans. It will be used to support PFAS treatment projects, including one at the Neshaminy Water Treatment Plant in Bucks County.
The funding is significant for Aqua Pennsylvania's mission to find alternative funding sources. Aqua Pennsylvania has been seeking such sources since 2021. The funding will help the company with its PFAS removal efforts.
Advertisement