WTRG - Mergers and acquisitions

Acquisition reflects company's commitment to providing highest quality drinking water service; follows 2025 acquisition of Greenville Sanitary Authority Essential Utilities, Inc. (NYSE:WTRG) announced today its Aqua Pennsylvania subsidiary has finalized its $18 million purchase of the Greenville Municipal Water Authority in Mercer County, PA. The system serves more than 2,900 customers in Greenville Borough as well as Hempfield and West Salem Townships. The Pennsylvania Public Utility Commission (PUC) approved the sale on January 15, 2026. This acquisition comes one year after Aqua Pennsylvania purchased the Greenville Sanitary Authority's wastewater system. "Our customers in Greenville

Acquisition reflects company's commitment to providing reliable wastewater treatment, environmental stewardship and dedication to communities Essential Utilities, Inc. (NYSE:WTRG) announced today its Aqua Pennsylvania subsidiary has finalized a $37.75 million purchase of the City of Beaver Falls wastewater system in Beaver County, PA. The system serves approximately 3,200 customers in the City of Beaver Falls. The wastewater system also provides bulk transmission and treatment service for approximately 3,800 Equivalent Dwelling Units (EDU) in seven nearby municipalities including Patterson Township, Patterson Heights Borough, White Township, West Mayfield Borough, Big Beaver Borough, East

Acquisition reflects company's commitment to providing reliable wastewater treatment and environmental protection Essential Utilities, Inc. (NYSE:WTRG) announced today its Aqua Pennsylvania subsidiary has finalized its $18 million purchase of the Greenville Sanitary Authority's wastewater system in Mercer County, PA. The system serves Greenville Borough, Hempfield and West Salem Townships. The Pennsylvania Public Utility Commission (PUC) approved the sale on December 12, 2024. This is the first transaction approved by the Pennsylvania PUC since implementing improvements over the summer to the fair market value statute passed in 2016. Essential Utilities, Inc. expects the improvements ma

Essential Utilities Inc. (NYSE:WTRG) today announced its Aqua Pennsylvania subsidiary completed the purchase of the Municipal Authority of the Borough of Shenandoah (MABS) water system for $12 million. MABS serves approximately 3,000 customers in Schuylkill County, PA. "Our customers deserve a reliable system with consistently high water quality," said James Rusin, MABS Chairman. "Getting there requires the expertise, technology resources, and operational skill that Aqua brings. It was equally important to choose someone who is committed to be part of our community." "We have a long history of municipal partnerships, and we are looking forward to partnering with the leadership and custo

Essential Utilities Inc. (NYSE:WTRG) today announced its Aqua Ohio subsidiary completed the purchase of the Union Rome Sewer (URS) system for $25.5 million. The system includes a wastewater collection network and treatment plant serving 5,300 connections in Lawrence County, Ohio. The URS system has been operating at a deficit for years. It is more than $20 million in debt and in need of millions of dollars in repairs and improvements to meet regulatory standards. "I'm thankful Aqua is willing to take on improving the system," said Lawrence County Commissioner Dr. Colton Copely. "The Union Rome Sewer district is $20 million in debt and needs another $12 million in immediate upgrades. It

NOTE TO EDITORS: The Following is an Investment Opinion Issued by Spruce Point Capital Management Believes That the Company is at the Declining Phase of its Aggressive Roll-Up Growth Strategy After Completing the Levered Acquisition of Peoples Natural Gas in March 2020 and That it is Highly Likely to Fail in Meeting its 2023 Earnings Targets Observes Exploding Bad Debts and a Persistent Decline in the Company's Cash Flow Generation While a Number of Troubling Financial Reporting Issues Emerge Questions the Company's Dividend Policy, Which Since 1990 has Paid Out $2.6 Billion of Dividends That Can Be Viewed as Having Come From Existing and New Investors Criticizes the Company for Stackin

Essential Utilities Inc. (NYSE:WTRG) today announced that its Aqua Illinois subsidiary has completed the purchase of the Village of Oak Brook's water treatment and distribution system, which serves approximately 4,000 customer equivalents in DuPage and Cook Counties, for $12.5 million. "We thank the village board for entrusting these customers to our care," said Essential Chairman and CEO Chris Franklin. "Aqua has over 135 years of expertise in water and wastewater service, thoughtful infrastructure investment and strong community involvement. We pledge to continue this long-standing tradition with our new and existing customer base." "My team and I are excited to begin serving this area

Essential Utilities Inc. (NYSE:WTRG) announced today that its Pennsylvania wastewater subsidiary has acquired the municipal wastewater assets of East Whiteland Township, Chester County for approximately $55 million. East Whiteland Township's wastewater system serves approximately 8,200 customer-equivalents including residential and commercial connections. The system is comprised of 57 miles of collection mains and 12 pump stations. The collection system accepts waste from the neighboring municipalities of Malvern Borough and Charlestown Township. Its waste passes through Aqua's Valley Creek Trunk Sewer system to the Valley Forge Sewer Authority for treatment. Essential's unregulated subsid

Service provider commits to $9 million in community infrastructure investments Essential Utilities Inc. (NYSE:WTRG) today announced that its Aqua Illinois subsidiary has acquired the wastewater system of the Village of Bourbonnais, which serves approximately 6,500 customer connections in Kankakee County, Ill., for $32.1 million. "At Essential, we are so proud to deliver safe, reliable services that improve quality of life for our customers in the communities we serve," said Essential Chairman and CEO Christopher Franklin. "The Village of Bourbonnais is already a valued water partner of Aqua Illinois, and on behalf of our entire team, we are thrilled that this purchase will enable us to ex

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today announced its largest subsidiary, Aqua Pennsylvania, acquired the wastewater assets of New Garden Township, serving approximately 2,100 customer connections in southeast Pennsylvania’s Chester County. “This purchase, like other wastewater systems we’ve purchased recently, is part of Aqua’s efforts to do its part to strengthen wastewater infrastructure for communities in the states we serve, which means improved service and environmental stewardship for generations to come,” said Essential CEO Christopher Franklin. “We’re very pleased to welcome New Garden Township residential and business customers to the