Pennsylvania Energy & Innovation Summit Shows Bright Future for Keystone State, Essential Utilities' Gas Infrastructure Will Support American Energy Dominance
'With 15,000 miles of pipeline throughout the 18 Western Pennsylvania counties Peoples serves, we are ready to lend our expertise in delivering essential energy to support the unprecedented investments announced this week,' said President Michael Huwar.
Essential Utilities' gas division, Peoples Natural Gas, had a presence at the Summit's expo space for innovative energy and tech companies. Peoples showcased its ongoing hydrogen production pilot with H Quest and the University of Pittsburgh's Swanson School of Engineering, with Peoples President Michael Huwar among the energy industry leaders invited to attend the July 15 summit at Carnegie Mellon University.
'Pennsylvania's abundance of natural gas, combined with our strong labor pools for engineering, robotics and the skilled trades, make this the perfect place to power the AI and energy revolution,' said Huwar. 'With 15,000 miles of pipeline throughout the 18 Western Pennsylvania counties Peoples serves, we are ready to lend our expertise in delivering essential energy to support the unprecedented investments announced this week.'
In addition to H Quest, Peoples also works closely with another Energy & Innovation Summit expo presenter, Peoples Energy Analytics (PEA). PEA uses algorithmic analysis of utility customers to better identify those at risk of defaulting on bills and enrolling them in assistance programs. Peoples and Essential are also major supporters of the Energy Innovation Center Institute (EICI), which announced the concept of a new, $135 million Infrastructure Academy Regional Training (IART) Facility for workforce development. Slated to be the nation's first integrated training and operational site for energy, utility and critical infrastructure workforce training, the IART facility will be located in Southwestern Pennsylvania.
Essential Utilities' ongoing efforts to support innovation and workforce development, combined with its investments to modernize gas, water and wastewater infrastructure showcase its commitment to make life better for its customers, employees, and the communities we serve. Essential has invested more than $5.4 billion in infrastructure modernization since 2020, replacing more than 800 miles of aged gas pipelines in that time as part of a long-term plan to replace 3,000 miles of pipeline by 2035.
For more information, visit www.Essential.co.
About Essential Utilities
Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting more than 7,600 acres of forests and other habitats throughout our footprint.
Operating as the Aqua and Peoples brands, Essential serves approximately 5.5 million people across 9 states. Essential is one of the most significant publicly traded water, wastewater service and natural gas providers in the U.S.
About Peoples Natural Gas
Peoples, an Essential Utilities (NYSE:WTRG) company, provides clean, safe, affordable and reliable natural gas service to approximately 740,000 homes and businesses in Western Pennsylvania and Kentucky. Peoples is committed to its customers, its employees, the environment, and to the regions it serves.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others: the potential for the project to provide a breakthrough for hydrogen as economic, zero-emission energy source and that 'turquoise hydrogen' may solve multiple challenges that have prevented hydrogen from large scale adoption. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including; the success of the project and other factors discussed in our Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission. For more information regarding risks and uncertainties associated with Essential Utilities business, please refer to Essential Utilities annual, quarterly and other SEC filings. Essential Utilities is not under any obligation — and expressly disclaims any such obligation — to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
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Expand THREE MONTHS ENDED JUNE 30, SIX MONTHS ENDED JUNE 30, (in millions) 2025 2024 2025 2024 Net earnings attributable to Fluor $ 2,460 $ 169 $ 2,219 $ 228 Interest income, net (17 ) (38 ) (34 ) (77 ) Tax expense 765 61 712 111 Equity method earnings (3,212 ) — (2,819 ) — Depreciation & amortization 17 16 35 34 EBITDA $ 13 $ 208 $ 113 $ 296 Adjustments: (1) Stork & AMECO businesses marketed for sale or sold $ 1 $ (1 ) $ (10 ) $ (13 ) NuScale expenses — 26 — 57 Impact of litigation on completed projects (2) 28 — 56 — Impact of bad debt reserves taken for a long-completed project — — 22 — Severance and other exit costs 9 — 9 — Reserve for legacy legal claims 4 — 4 — Embedded foreign currency derivative (gain)/loss 11 (20 ) 13 (27 ) G&A: Foreign currency (gain)/loss 30 (48 ) 44 (60 ) Adjusted EBITDA $ 96 $ 165 $ 251 $ 253 Expand (1) We exclude earnings impacts for litigation outcomes, claims, settlements or associated damages from adjusted earnings when they are significant in magnitude, non-routine and do not represent on-going normal operations. (2) Reflects the impact of an arbitration ruling on a fabrication project at our Energy Solutions joint venture in Mexico. The six months ended June 30, 2025 also includes the impact of a recent ruling on a long-standing claim on a Mission Solutions project completed in 2019. Expand #corp Contacts Brett Turner Media Relations 864.281.6976 tel Jason Landkamer Investor Relations 469.398.7222 tel Fluor Corporation NYSE:FLR Release Versions English Contacts Brett Turner Media Relations 864.281.6976 tel Jason Landkamer Investor Relations 469.398.7222 tel Get RSS Feed Fluor Corporation NYSE:FLR Release Versions English Contacts Brett Turner Media Relations 864.281.6976 tel Jason Landkamer Investor Relations 469.398.7222 tel
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