Essential Utilities’ Aqua Ohio Subsidiary Reaches Agreement to Purchase Union Rome Wastewater System from Lawrence County
Summary
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today announced that its regulated water subsidiary, Aqua Ohio has signed an asset purchase agreement with Ohio’s Lawrence County Commissioners to purchase the Union Rome Sewer (URS) system which includes a wastewater collection network and treatment plant serving 5,300 connections in the southeast corner of the County for $25.5 million. Aqua will play a key role in improving the system’s operations, which have been impacted by increasingly stringent regulatory requirements along with rising supply and material costs. Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which generally include words such as “believes,” “expects,” “intends,” “anticipates,” “estimates”, “will” and similar expressions.