Missouri American Water Completes Acquisition of Eureka Water and Wastewater Systems
August 4, 2022
Missouri American Water, a subsidiary of American Water, completed the acquisition of the City of Eureka's water and wastewater systems, which serve about 4,000 water and 4,000 wastewater customers. The company will construct a new five-mile pipeline to connect Eureka to its St. Louis County system (drawing from the Missouri River), deploy advanced metering infrastructure, and invest more than $37 million in the systems over the next ten years; the City of Eureka will redeploy the sale proceeds to community investment.
- Buyers
- Missouri American Water, American Water
- Targets
- City of Eureka water and wastewater systems
- Sellers
- City of Eureka
- Industry
- Utilities
- Location
- Missouri, United States
- Transaction Type
- Divestiture
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