Aqua Water Privatization News Articles

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

Essential’s Pennsylvania Wastewater Subsidiary Purchases East Norriton System

Aqua Pennsylvania Wastewater closes purchase of the East Norriton system BRYN MAWR, Pa.–(BUSINESS WIRE)–Jun. 22, 2020– Essential Utilities Inc. (NYSE: WTRG) announced today its Pennsylvania subsidiary acquired the approximately 5,000-connection wastewater assets of East Norriton Township in Montgomery County for $21 million. “We’re pleased to add the East Norriton community to our growing wastewater footprint… Read more »

Essential Utilities Believes New Virginia Fair Market Value Legislation for Water Utilities Benefits Municipalities and Customers

BRYN MAWR, Pa.–(BUSINESS WIRE)–Apr. 23, 2020–Essential Utilities Inc. (NYSE: WTRG) today said new legislation in Virginia will allow regulated water utilities 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 cost, which… Read more »

Essential Completes Transformational $4.275 Billion Acquisition of Peoples

Company also closes previously announced financing from CPP Investments BRYN MAWR, Pa.–(BUSINESS WIRE)– Essential Utilities Inc. (NYSE:WTRG) announced today it has successfully completed the acquisition of Peoples, a Pittsburgh-based natural gas distribution company, in an all-cash transaction that reflects an enterprise value of $4.275 billion, including the assumption of approximately $1.1 billion of debt. As… Read more »

Essential Utilities Breaks Ground on New Water Quality Laboratory to Serve Aqua Customers

BRYN MAWR, Pa.–(BUSINESS WIRE)–Essential Utilities Inc. CEO Christopher Franklin and Chief Environmental Officer Dr. Chris Crockett joined Aqua Pennsylvania President Marc Lucca, DEP Regional Director Pat Patterson and a host of state and regional elected officials and contractors as they broke ground on the site of Aqua’s new water quality laboratory. Essentials’ Aqua family of… Read more »

Essential Utilities Inc. Announces Industry-Leading Commitments for Its Water Business

Company will apply New Jersey’s science-based standard for PFAS mitigation across its footprint, well below EPA’s current advisory limit, and invest in renewable energy to significantly reduce its carbon footprint BRYN MAWR, Pa.–(BUSINESS WIRE)–Feb. 27, 2020– Today, Essential Utilities Inc. (NYSE: WTRG) announced new commitments to environmental and community health by launching two industry-leading standards… Read more »

Aqua America’s Ohio Subsidiary Completes Purchase of City of Campbell Water System

BRYN MAWR, Pa.–(BUSINESS WIRE)–Jan. 24, 2020– Aqua America Inc. (NYSE: WTR) announced today its Ohio subsidiary has completed the purchase of the City of Campbell’s water treatment plant and distribution system, which serves about 3,200 connections in Mahoning County, for $7.5 million. This is the first acquisition by an Aqua America subsidiary in 2020. “Aqua’s… Read more »

Aqua America’s Pennsylvania Subsidiary Completes Purchase of Cheltenham Township Wastewater System

Acquisition is Aqua’s fourth in 4Q; eighth for 2019 BRYN MAWR, Pa.–(BUSINESS WIRE)–Dec. 19, 2019– Aqua America (NYSE:WTR) announced today that its Pennsylvania subsidiary has completed the purchase of the Cheltenham Township wastewater system, which serves approximately 10,200 connections in Montgomery County, for $50.25 million. “This is an exciting time in the water industry, and we are pleased to offer a compelling set… Read more »

Aqua Pennsylvania completes purchase of Phoenixville-area water systems in East Pikeland, Schuylkill and Upper Providence townships

Aqua America announced today that its Pennsylvania subsidiary has completed the purchase of three municipal water systems previously served by the Phoenixville Borough water system, totaling 535 customer connections in Chester and Montgomery counties, for $3.5 million. “We are excited to expand our services in an area where we serve water to an adjacent municipality,… Read more »

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 »