The Regulated Monopolies — Water Utilities in a Datacenter Boom · The Water Crisis — Datacenters, Fabs, Desal & PFAS
AWK
American Water Worksloading…
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Largest US regulated water utility. ~14M people served across 14 states + 18 military installations.
What they do
Largest regulated US water/wastewater utility. ~14M people across 14 states + 18 military bases. ~$3.3B 2025 capital plan; 8–9% rate-base growth; 7–9% EPS/dividend growth target through 2030. Regulated monopoly across service territories — the largest geographic-monopoly water exposure in public markets.