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American Water Participating in Infrastructure Investment Summit at the U.S. Department of the Treasury

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American Water (NYSE:AWK) , the nation’s largest publicly traded water and wastewater utility company, announced that Mark Strauss, senior vice president of Corporate Strategy and Business Development, is today participating in the Infrastructure Investment Summit at the U.S. Department of the Treasury.

Hosted by the Obama Administration as part of the Build America Investment Initiative, the Infrastructure Investment Summit includes over 100 leaders from industry, finance, philanthropy, and local and state governments convening with senior Administration officials to highlight the growth in the U.S. infrastructure market, build partnerships, and develop strategies for increasing investment in sectors like transportation, water, telecommunications, and energy.

The Summit brings together global investment and advisory firms, dedicated infrastructure investors, international asset managers, utilities and construction companies, and pension funds collectively representing more than $50 billion of projected private capital investment in the U.S. infrastructure market over the next five years. American Water alone is committed to investing more than $5 billion in the next five years for water infrastructure improvements across its service areas.

In addition to a growing pool of available private capital, the federal government, local and state governments, and philanthropists at the Summit are announcing a number of investments and commitments to support U.S. infrastructure investment. Included in this is a group of 30 cities and public water utilities that are announcing plans to collectively invest $233 billion in operating and improving their municipal water systems over the next ten years. The 30 city consortium is part of a study released today from the Water Research Foundation and the Water Environment Research Foundation that highlights the benefits of water infrastructure investments for job creation and economic growth.

Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs approximately 6,600 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 14 million people in more than 40 states and parts of Canada. More information can be found at www.amwater.com/.

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