Middlesex Water Company Highlights Infrastructure Investments and Dividend Growth in Latest Investor Presentation

Reuters
2025.11.10 15:11
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Middlesex Water Company recently presented its financial and operational performance, reporting a market cap of $1.0 billion as of November 2025. The company highlighted significant infrastructure investments, with $72 million in capital expenditures year-to-date and over $112 million invested from 2020 to 2024 to enhance water treatment facilities. Regulatory developments include a New Jersey rate case filed for a $24.9 million revenue increase and additional filings for distribution system improvements. The full presentation is accessible via a provided link.

Middlesex Water Company recently delivered a presentation highlighting its financial and operational performance. The company reported a market capitalization of $1.0 billion as of early November 2025 and detailed its infrastructure footprint, which includes 95 water treatment plants, 205 wells, 1,706 miles of main, and 54 water storage tanks. Middlesex Water emphasized its ongoing infrastructure investments, noting a capital expenditure of $72 million year-to-date as of September 2025 and an average capital investment more than three times 2015 levels. From 2020 to 2024, approximately $112 million was invested in construction to enhance water treatment facilities, including $54 million to address PFAS regulations. The presentation also addressed regulatory developments, including a New Jersey general rate case filed on June 30, 2025, with a requested revenue increase of $24.9 million (19.3%), a proposed equity ratio of 55.46%, and a requested return on equity of 10.5%. Additional filings for distribution system and resiliency improvement charges are expected to result in further annual revenues. You can access the full presentation through the link below. 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 November 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here