Pennsylvania American Water Acquires Appalachian Utilities, Inc.

September 28, 2023

Pennsylvania American Water has acquired Appalachian Utilities, Inc., a small investor-owned water system serving ~1,450 customer connections in Clinton County, Pennsylvania. The regulated utility plans to invest more than $6.2–6.5 million to upgrade aging infrastructure and will adopt Appalachian's current rates pending regulatory approvals.

Buyers
Pennsylvania American Water
Targets
Appalachian Utilities, Inc.
Sellers
Appalachian Utilities, Inc., Frank Sargent, Jr.
Industry
Utilities
Location
Pennsylvania, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.