Utilities Acquisitions in Iowa
Showing 1 transactions.
-
October 26, 2022
- Buyer
- Iowa American Water
- Target
- City of Blue Grass wastewater system
- Seller
- City of Blue Grass
- Industry
- Utilities
- Location
- Iowa, United States
- Type
- Divestiture
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.
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