BRYN MAWR, PA — Aqua Pennsylvania has secured $77.5 million in low-interest loans from the Pennsylvania Infrastructure Investment Authority (PENNVEST) to upgrade aging infrastructure. This funding aims to replace old water mains and install new fire hydrants across several counties over the next three years.
The projects, funded by PENNVEST’s Programmatic Financing (ProFi) program, will benefit customers in Bucks, Montgomery, Delaware, and Chester Counties. This approach allows utilities to seek funding for annual or multi-year projects instead of traditional project-specific loans. Aqua Pennsylvania is the first water utility regulated by the Pennsylvania Public Utility Commission to secure funding through the ProFi program.
“These projects will serve our customers for generations to come,” said Aqua Pennsylvania President Marc Lucca. He emphasized the importance of replacing old pipes, some of which date back decades, to ensure high-quality service now and in the future.
The company plans to replace 133,400 lineal feet of water mains with more durable materials, reducing the likelihood of leaks and breaks. The projects also include installing approximately 80 new fire hydrants, enhancing public safety.
Communities set to benefit from the upgrades include:
- Delaware County: Aldan Borough, Haverford Township, Marple Township, Nether Providence Township, Springfield Township, and Upper Darby Township
- Bucks County: Bensalem Township, Lower Southampton Township, and Warminster Township
- Montgomery County: Collegeville Borough, Hatboro Borough, Lower Merion Township, and Perkiomen Township
- Chester County: Tredyffrin Township, Uwchlan Township, and West Bradford Township
“I am extremely proud of the Aqua Pennsylvania team who diligently identified and pursued this funding,” said Lucca. He also thanked PENNVEST for their assistance in securing the loans.
With this latest funding, Aqua Pennsylvania has now secured nearly $115 million in grants and low-interest loans for infrastructure projects across the state. The company remains committed to seeking additional funding opportunities to continue providing exemplary service and affordability.
These infrastructure improvements are expected to reduce water loss due to leaks and breaks while improving overall service and reliability for tens of thousands of customers. The initiative demonstrates Aqua Pennsylvania’s ongoing commitment to enhancing the state’s water infrastructure for the benefit of its residents.
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