Aquarion looks for double-digit growth

Aquarion’s growth strategy was derailed after former owner Kelda became frustrated with the US market in 2005. Now, with suppert from new owner Macquarie, CEO Chuck Firlotte is back on the acquisitions trail.


Most of Aquarion Water Company’s growth over the past five years has come from rate cases, with the most significant boost coming in 2007 in its home state of Connecticut, just as the company was being taken over by Macquarie.

Now, three years after Macquarie took the helm, Aquarion is awaiting the outcome of a new $23.5 million ...

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