Essential Utilities' Aqua Pennsylvania Acquires Shenandoah Water System

July 27, 2023

Essential Utilities, through its Aqua Pennsylvania subsidiary, acquired the Municipal Authority of the Borough of Shenandoah (MABS) water system for $12 million. The transaction transfers service for roughly 3,000 customers in Shenandoah, Pennsylvania to Aqua Pennsylvania, which plans more than $23 million in infrastructure investments over the next 10 years to improve reliability and water quality.

Buyers
Essential Utilities, Inc., Aqua Pennsylvania
Targets
Municipal Authority of the Borough of Shenandoah (MABS) water system
Sellers
Municipal Authority of the Borough of Shenandoah (MABS)
Industry
Utilities
Location
Pennsylvania, United States
Transaction Type
Buyout

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