Aqua Water Privatization News Articles

Read the latest news articles about Aqua and water privatization below:

Aqua America’s Pennsylvania Subsidiary Reaches Agreement with DELCORA to Purchase Municipal Wastewater System Serving Approximately 500,000 People

Acquisition will be the largest municipal transaction for Aqua America and the largest water/wastewater municipal transaction in Pennsylvania’s history Aqua America Inc. (NYSE: WTR) announced today its Pennsylvania subsidiary, Aqua Pennsylvania Wastewater (Aqua), has signed an asset purchase agreement with the Delaware County Regional Water Quality Control Authority (DELCORA) to acquire the municipal authority’s wastewater… Read more »

Aqua America’s Ohio Subsidiary Reaches Asset Purchase Agreement With City of Campbell to Acquire Water System

Aqua America Inc. (NYSE: WTR) announced today its Ohio subsidiary has signed an agreement with the City of Campbell, Mahoning County, to purchase the city’s water treatment plant and distribution system for $7.5 million. The system serves approximately 3,200 connections. Closing of the sale is anticipated in late 2019 upon approval by the Public Utilities… Read more »

Aqua America Plans Over $555 Million in Capital Investment in 2019

In conjunction with Infrastructure Week, Aqua highlights life-improving projects taking place in the communities it serves Aqua America Inc. (NYSE: WTR) is recognizing the seventh annual Infrastructure Week, May 13-20, 2019, helping raise awareness of the critical state of infrastructure across the United States. A leading contributor to water and wastewater infrastructure repair and replacement,… Read more »

Aqua America Reports Success in 2018 Growth Efforts

Aqua America Inc. (NYSE: WTR), the second-largest U.S.-based, publicly traded water and wastewater utility, welcomed more than 13,600 new customers through five completed municipal acquisitions in 2018. With officials interested in having a professional utility maintain and operate their water and wastewater systems, Aqua partnered with these communities and successfully integrated the systems into existing… Read more »

Aqua America Says Ohio’s New Municipal Fair Market Value Legislation is a Benefit to Communities and Utility Customers Alike

Aqua America Inc. (NYSE: WTR) today said legislation signed into law this month by Ohio Gov. John Kasich will allow companies like Aqua to pay a fair market value for the purchase of water and wastewater systems, benefiting local governments, customers and the environment. Before these changes, system values were determined by their depreciated original… Read more »

Aqua America Subsidiary Acquires Tredyffrin Township Municipal Authority’s Valley Creek Trunk Sewer System

Aqua America Inc. (NYSE: WTR) announced today that Aqua Resources Inc., its unregulated subsidiary, acquired the Valley Creek Trunk Sewer System, serving area municipalities, from the Tredyffrin Township Municipal Authority for $28.3 million. The Valley Creek Trunk Sewer System receives untreated wastewater from Easttown, East Whiteland, Willistown and Tredyffrin Townships, Malvern Borough and the Valley… Read more »

Aqua Pennsylvania Closes Purchase of East Bradford Wastewater System

Aqua America Inc. (NYSE: WTR) announced today that its Pennsylvania subsidiary acquired the nearly 1,250-connection wastewater assets of East Bradford Township, Chester County for $5 million, marking Aqua Pennsylvania’s second acquisition to close under fair market valuation legislation, which encourages consolidation in a fragmented water and wastewater industry and allows resources to be shared among… Read more »

Aqua Pennsylvania Reaches Asset Purchase Agreement with East Norriton Township to Acquire Wastewater System

Aqua America Inc. (NYSE: WTR) announced today its Pennsylvania subsidiary has signed an agreement with East Norriton Township, Montgomery County to acquire its wastewater assets, serving roughly 4,950 wastewater connections, for $21 million. The agreement falls under Pennsylvania’s Act 12 fair market value legislation. Act 12 encourages consolidation in a fragmented water and wastewater industry,… Read more »

Aqua America Announces Agreement to Acquire Peoples

Resulting company will create leading, Pennsylvania-headquartered regulated water and natural gas infrastructure company The resulting company will: Serve 1 million water utility customer connections and more than 740,000 gas utility customer connections Have projected annual rate base growth of 7 percent water and 8 to 10 percent natural gas through 2021 Retain corporate and water… Read more »