HighGravityDataEssential Utilities — Nov 4, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001552781-25-000394
Showing in the filing
Greene County data center water treatment plant
“expected to be operational in mid-2029”
Period
FY2029
Measure
Company-defined measure
Source
Prose
All guidance in this release · 19
GAAP earnings per share vs. prior for FY2025
“above the prior guidance range of $2.07-$2.11 due to non-recurring benefits”
Quarterly cash dividend for Q4 FY2025
“$0.3426 per share”
Quarterly cash dividend
“$0.3426 per share of common stock”
Greene County data center water treatment pl… for FY2029
“expected to be operational in mid-2029”
Merger with American Water Works Company, Inc. for Q1 FY2027
“expected to close by the end of the first quarter of 2027”
Long-term earnings per share growth for the long term
“compounded annual growth rate of 5 to 7% from the adjusted 2024 earnings per share of $1.97 (Non-GAAP)”
Long-term earnings per share compounded annu… for the long term
“5 to 7%”
Regulated infrastructure investments for FY2029
“approximately $7.8 billion”
Regulated water segment rate base compounded… for FY2029
“approximately 6%”
Regulated natural gas segment rate base comp… for FY2029
“approximately 11%”
Combined regulated utility rate base compoun… for FY2029
“over 8%”
Regulated water customer base (equivalent dw… for the long term
“between 2 and 3%”
Equity raise via ATM program for FY2027
“expects to raise equity via its ATM program”
Equity raised via ATM program for FY2025
“expects to raise a total of approximately $350 million in equity, including $25 million to finance its recently announced data center investment”
Reduction of Scope 1 and Scope 2 greenhouse … for FY2035
“60%”
PFAS compliance for the long term
“Multiyear plan to ensure that finished water does not exceed the federal maximum contaminant level of the six EPA-regulated PFAS chemicals”
Multiyear plan for finished water PFAS compl… for the long term
“does not exceed the federal maximum contaminant level of the six EPA-regulated PFAS chemicals”
Regulated infrastructure investments for FY2025
“$1.4 to $1.5 billion”
Regulated natural gas customer base for FY2025
“stable”
Exhibit 99.1 · the passage around this item
… earlier in the release
Using raw water from the adjacent Monongahela River, the water plant will support
both power generation and data center cooling needs, leveraging Essential’s deep expertise in water infrastructure and environmental
stewardship. In addition, Essential’s subsidiary Peoples, the largest natural gas utility in Pennsylvania, will provide
gas consulting services and energy management services to the project.
The Greene County project,
expected to be operational in mid-2029, underscores Essential’s commitment to innovation, sustainability, and regional economic
development, while positioning the company’s water, wastewater, and gas expertise as a critical component of the AI-driven
data infrastructure revolution.
Essential previously informed investors
that the company was in active discussions with data center developers representing over 5 gigawatts of power demand.
Merger Agreement with American
Water Works Company, Inc.
On October 27, 2025, the company
announced the entry into a definitive agreement to combine in an all-stock, tax-free merger with American Water Works Company,
Inc. to create a leading regulated U.S. water and wastewater public utility with a pro forma market capitalization of approximately
$40 billion and a combined enterprise value of approximately $63 billion, based on closing stock prices as of October 24, 2025.
The transaction is expected to close
by the end of the first quarter of 2027, subject to customary closing conditions, including, among others, approval from each
company’s shareholders, clearance under the Hart-Scott-Rodino Act, and regulatory approvals, including approval from the
applicable pub
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.