American Water subsidiary buys system in Pa.
American Water Works Co. said Wednesday that its Pennsylvania American Water subsidiary has acquired a water system from Three Lane Utilities Inc. in Westfall, Pike County, for $1 million.
The system provides drinking water to about 400 people and commercial establishments. Hershey-based Pennsylvania American Water already provides water and wastewater services to nearly 6,200 people in Lehman and Delaware townships in Pike County and portions of neighboring Monroe County.
The transaction follows the company’s May 30 acquisition of the Mountain Top Estates system, which provides drinking water to about 180 people in Middle Smithfield, Monroe County.
Pennsylvania American Water provides water and/or wastewater services to more than 2.1 million people in Pennsylvania, and maintenance services to an additional 112,000 people in Pennsylvania.
American Water (NYSE:AWK) is the largest investor-owned U.S absolutely free credit report. water and wastewater utility company. Based in Voorhees, N.J., it provides drinking water, wastewater and related services to 15.6 million people in 32 states and Ontario, Canada.