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We recently compiled a list of the 10 Best Utility Stocks to Buy Now. In this article, we are going to take a look at where American Water Works Company, Inc. (NYSE:AWK) stands against the other utility stocks. You can also check out the 20 States With the Most Expensive Electricity In The US here. The […]
CAMDEN, N.J., June 25, 2024--New Jersey American Water today completed its acquisition of the water and wastewater systems of the City of Salem, N.J. for $18 million. These former municipally owned systems serve more than 2,300 water and 2,300 wastewater customers. On May 22, 2024, the New Jersey Board of Public Utilities (NJ BPU) approved the municipal consent allowing New Jersey American Water to provide service to Salem City customers as of the closing of the transaction.
MECHANICSBURG, Pa., June 21, 2024--Pennsylvania American Water filed an application today with the Pennsylvania Public Utility Commission (PUC) seeking approval to acquire the East Dunkard Water Authority (EDWA) water system. Pennsylvania American Water signed an asset purchase agreement with EDWA to purchase its water system assets for $5 million in July 2023.