Iowa American Water Acquires City of Blue Grass Wastewater System

October 26, 2022

Iowa American Water, a subsidiary of American Water, acquired the City of Blue Grass wastewater system for $2.0 million following Iowa Utilities Board approval. The acquisition adds about 750 wastewater customers to Iowa American Water's Quad Cities service area and the company plans approximately $4 million in capital investments to upgrade the system.

Buyers
Iowa American Water
Targets
City of Blue Grass wastewater system
Sellers
City of Blue Grass
Industry
Utilities
Location
Iowa, United States
Transaction Type
Divestiture

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