AMERICA WATER IN BRIEF
- From: Vol 12, Issue 7 (July 2011)
- Category: Brief
- Region: Americas
- Country: United States
- Related Companies: American Water, Consolidated Petroleum Inc., Eureka Environmental, Heckmann Corporation, Mueller Water Products and Select Energy Services
American Water and Aqua America have announced a further exchange of regulated assets, which is due to complete in early 2012, subject to regulatory approval by the relevant public utility commissions.
* American will buy Aqua’s regulated New York operations for $71 million, while Aqua will take on American’s regulated assets in Ohio for $120 million. The deal follows a similar ‘swap’ where Aqua exited Missouri and bolstered its position in Texas by buying Texas American Water. Just days before the latest deal was announced, Ohio American Water filed for ...
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