Pennsylvania American Water Acquires Butler Area Sewer Authority Wastewater System

October 29, 2024

Pennsylvania American Water, a subsidiary of American Water, completed the $230 million purchase of the Butler Area Sewer Authority (BASA) wastewater system in Butler County, Pennsylvania. The acquisition adds more than 15,000 customer connections and Pennsylvania American Water plans to invest over $75 million in system upgrades while BASA will use proceeds to eliminate approximately $49 million in debt.

Buyers
Pennsylvania American Water, American Water
Targets
Butler Area Sewer Authority
Sellers
Butler Area Sewer Authority
Industry
Utilities
Location
Pennsylvania, United States
Transaction Type
Buyout

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