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April 25, 2014
09:32 EDTAWK, ABGBAmerican Water, Abengoa sign worldwide licensing agreement for NPXpress
American Water (AWK) and Abengoa (ABGB) signed a worldwide licensing agreement for American Water’s patented NPXpress technology. The agreement will enable Abengoa to use NPXpress to achieve wastewater treatment and nutrient removal in a sustainable way. American Water will retain all rights with respect to its NPXpress technology. The NPXpress technology helps wastewater utilities, which are facing both increasing operating costs and more stringent environmental regulations, to reduce costs while improving the removal of nitrogen and phosphorus. Because the technology operates at lower oxygen levels, electricity consumption for aeration can be reduced by up to 50%. In addition, the process can eliminate the need for costly chemical addition by up to 80%-100%. This process provides a more affordable and sustainable way of treating sewage. NPXpress is patent-protected in 15 countries and the EU.
News For AWK;ABGB From The Last 14 Days
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September 2, 2014
10:02 EDTAWKOn The Fly: Analyst Downgrade Summary
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05:26 EDTAWKAmerican Water downgraded to Market Perform from Outperform at Wells Fargo
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August 31, 2014
12:54 EDTAWKBarclays to hold a conference
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August 29, 2014
17:37 EDTAWKAmerican Water awarded new contract worth $297M over 50 year period
American Water Works Company announced that its Military Services Group has been awarded a contract for ownership, operation and maintenance of the water and the wastewater systems at Picatinny Arsenal, NJ. According to the agreement the award is estimated at a gross amount of approximately $297M over a 50-year period. The contract will be subject to annual economic price adjustments.

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