California American Water (NYSE: AWK) announced recently that it will resume engineering and planning work on a dam removal project halted earlier this year. They California American Water with help from the National Oceanic and Atmospheric Administration (NOAA) and the California State Coastal Conservancy joined forces for this project. The dam removal project involves rerouting the Carmel River to bypass silt accumulated behind the dam and would be the first of its kind in the state of California.
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"We're pleased to announce that we have renewed efforts to remove San Clemente Dam and the barrier it presents to threatened steelhead trout that traverse the Carmel River throughout their lifecycle," said California American Water president, Robert MacLean. "The project will resolve earthquake and flood safety issues associated with the dam while benefiting the wildlife that depend on the river." California American Water, a wholly owned subsidiary of American Water (NYSE: AWK) provides high-quality and reliable water and/or wastewater services to more than 600,000 people. Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada.
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