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Indiana American Water Plans Another $1 Billion-Plus After Five Years of Spending

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Key takeaways

  • Indiana American Water plans to invest another $1 billion-plus over the next five years, after nearly $1 billion in the past five.
  • The ASCE 2026 Report Card for Indiana's Infrastructure gave the state a C- for drinking water and a D+ for wastewater.
  • Indiana American Water serves approximately 1.5 million people with approximately 350 employees.

Indiana American Water plans to invest another $1 billion-plus over the next five years, its president Barry Suits said on November 12, 2026, after nearly $1 billion of investment in the past five years. Stock Titan carried Suits's statement responding to the American Society of Civil Engineers' 2026 Report Card for Indiana's Infrastructure.

Suits Responds to Indiana's C- and D+ Grades

The ASCE report card assigned Indiana a C- for drinking water and a D+ for wastewater. Suits said the grades reinforce the need for investment in critical water and wastewater systems. He listed aging assets, lead service line replacement, PFAS treatment requirements, sewer rehabilitation and treatment plant upgrades among the pressures facing the state.

"Over the past five years, we have invested nearly $1 billion in infrastructure, and we plan to invest another $1 billion -plus planned over the next five years, while continuing to balance reliability, resilience and affordability for customers," Suits said.

Indiana American Water is a subsidiary of American Water, which describes itself as the largest regulated water and wastewater utility company in the United States. Indiana American Water is the largest regulated water utility in the state, with approximately 350 employees serving approximately 1.5 million people. American Water launched a refreshed amwater.com on November 10, 2026, to improve customer access to services including bill payment, emergency reporting and service alerts, according to PR Newswire.

Lead Line and PFAS Programs Behind the Spending

According to akta.pro company records, Indiana American Water has committed to a 10-year Lead Service Line Replacement Program to remove all lead and galvanized piping from Indiana service lines. The same records show the company launched a voluntary PFAS sampling and reporting program with public-facing Water Quality Reports. The records also show it operates Community Utilities of Indiana as a wholly-owned subsidiary extending service to additional Indiana communities and developer and contractor relationships.

Corsan and West Virginia American Water Projects

Corsan invested over R$300 million in 20 sewage treatment projects completed since July 2023 across 18 municipalities, The future of trading reported on November 3, 2026. West Virginia American Water announced a $700,000 infrastructure project on McKell Avenue in Glen Jean on November 3, 2026, replacing 3,740 feet of aging pipe as part of a $129 million state-wide infrastructure investment plan, PR Newswire reported.

Glen Jean Work Runs to April 2027

West Virginia American Water's Glen Jean work began October 12 and is scheduled to complete by April 2027, with final street restoration in spring 2027, according to PR Newswire.

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Sources

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