American Water to buy Montgomery County wastewater system for $13.75M

American Water’s Pennsylvania subsidiary agreed to purchase Upper Pottsgrove’s wastewater assets for $13.75 million in a move the township said will “greatly improve” its future financial viability. 

The sale, which covers nearly 1,600 customers, was approved by the township’s board of commissioners last week. 

With American Water (NYSE: AWK) also supplying water for Glen Alsace and Royersford nearby, Pennsylvania American Water President Mike Doran said the company is “well-positioned”…


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