Middlesex Water posts investor presentation outlining $506 million 2026-2028 capital plan, PFAS treatment focus

Reuters2026/08/01 13:15

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Middlesex Water outlined a $506 million capital plan for 2026-2028, led by PFAS treatment at the Carl J. Olson surface water plant.
PFAS project budgeted at $255 million; other priorities include water main replacement in New Jersey, Delaware storage and treatment upgrades, transmission main replacement.
Q2 2026 operating revenue rose to $56.4 million from $49.4 million; net income increased to $14.8 million from $10.8 million.
First-half operating revenue increased to $105.1 million from $93.7 million; net income climbed to $25.4 million from $20.3 million.
New Jersey rate outcomes highlighted, including a $643 million authorized rate base, 9.6% ROE, 54.25% equity ratio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Middlesex Water Company published the original content used to generate this news brief on August 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Middlesex Water posts investor presentation outlining $506 million 2026-2028 capital plan, PFAS treatment focus

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