{"id":701456,"date":"2022-10-26T17:37:52","date_gmt":"2022-10-26T21:37:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\/"},"modified":"2022-10-26T17:37:52","modified_gmt":"2022-10-26T21:37:52","slug":"iowa-american-water-purchases-city-of-blue-grass-wastewater-system","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\/","title":{"rendered":"Iowa American Water Purchases City of Blue Grass Wastewater System"},"content":{"rendered":"

<\/p>\n

Iowa American Water Purchases City of Blue Grass Wastewater System<\/b><\/p>\n

DAVENPORT, Iowa–(BUSINESS WIRE<\/a>)–
\nIowa American Water, a subsidiary of American Water (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, announced today the acquisition of the City of Blue Grass wastewater system for $2 million. On July 12, 2022, the Iowa Utilities Board approved the acquisition. The newly acquired wastewater utility, Iowa American Water\u2019s first sewer system operation in the state, adds approximately 750 wastewater customers to the company\u2019s Iowa Quad Cities service area.\n<\/p>\n

\n\u201cOur team is excited to provide an additional service to our water customers in Blue Grass,\u201d said Randy Moore, President of Iowa American Water. \u201cSince 2017, we have had the privilege of partnering with Blue Grass to provide clean, safe, and reliable service to the community, sharing our expertise while making critical investments in aging systems. We look forward to continuing that commitment as the community\u2019s new wastewater provider.\u201d\n<\/p>\n

\nAccording to Blue Grass Mayor Brad Schutte, \u201cThe sale of the wastewater system to Iowa American Water is in the community\u2019s best interest because it will provide residents with industry experts focused on upgrading the wastewater system just as Iowa American Water has done with our community\u2019s water system.\u201d Mayor Schutte continued, \u201cThe city will benefit from capital investments we would not have been able to make, and Iowa American Water will get the wastewater system back into compliance with the Iowa Department of Natural Resources (IDNR) in a timely manner.\u201d\n<\/p>\n

\nIowa American Water plans to invest approximately $4 million in the city\u2019s wastewater system to address issues as well as upgrade safety and security systems. Ongoing capital investment plans have been developed to address compliance with permit requirements and improve operational efficiencies.\n<\/p>\n

\nNew sewer rates recently implemented by the City of Blue Grass will continue under Iowa American Water\u2019s ownership. Customers pay a monthly fixed charge for sanitary sewer service of $39.48 for all meter sizes up to 2,500 gallons, and a variable charge of about 74 cents for each 100 gallons after the first 2,500 gallons. A typical monthly sewer bill for a Blue Grass customer using 4,000 gallons is $50.60.\n<\/p>\n

\nSince Iowa American Water acquired the Blue Grass water system in 2017, the company has invested more than $3 million to upgrade water service infrastructure including installation of a three-mile water transmission line that interconnected the Blue Grass water system with Iowa American Water\u2019s system to increase water pressure and improve water quality.\n<\/p>\n

\n\u201cWe are happy to expand our expertise and services to wastewater in Blue Grass,\u201d Moore added. We are looking forward to continuing to support the community and partnering with the city and its residents. We appreciate the City\u2019s trust and confidence in our team of water and wastewater professionals.\u201d\n<\/p>\n

\nBlue Grass customers will soon receive a letter in the mail from Iowa American Water to provide them with additional information about the new wastewater service the company is now providing in their community. To learn more about Iowa American Water, visit Partnering with Us<\/b> under About Us<\/b> at www.iowaamwater.com<\/a>.\n<\/p>\n

About Iowa American Water<\/b><\/p>\n

\nIowa American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water services to approximately 213,000 people.\n<\/p>\n

About American Water<\/b><\/p>\n

\nWith a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company.The company employs approximately 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to an estimated 14 million people in 24 states. American Water provides safe, clean, affordable, and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com<\/a> and follow American Water on Twitter<\/a>, Facebook<\/a> and LinkedIn<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20221025005837\/en\/<\/a><\/span><\/p>\n

Media Contact:
\n<\/b>
Lisa Reisen, External Affairs Manager
\n
563-343-6127
\n
lisa.reisen@amwater.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Iowa<\/p>\n

INDUSTRY KEYWORDS:<\/b> Energy Natural Resources Utilities Other Natural Resources<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Iowa American Water Purchases City of Blue Grass Wastewater System DAVENPORT, Iowa–(BUSINESS WIRE)– Iowa American Water, a subsidiary of American Water (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, announced today the acquisition of the City of Blue Grass wastewater system for $2 million. On July 12, 2022, the Iowa Utilities Board approved the acquisition. The newly acquired wastewater utility, Iowa American Water\u2019s first sewer system operation in the state, adds approximately 750 wastewater customers to the company\u2019s Iowa Quad Cities service area. \u201cOur team is excited to provide an additional service to our water customers in Blue Grass,\u201d said Randy Moore, President of Iowa American Water. \u201cSince 2017, we have had the privilege of partnering … <\/p>\n

Continue reading “Iowa American Water Purchases City of Blue Grass Wastewater System”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-701456","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nIowa American Water Purchases City of Blue Grass Wastewater System - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iowa American Water Purchases City of Blue Grass Wastewater System - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Iowa American Water Purchases City of Blue Grass Wastewater System DAVENPORT, Iowa–(BUSINESS WIRE)– Iowa American Water, a subsidiary of American Water (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, announced today the acquisition of the City of Blue Grass wastewater system for $2 million. On July 12, 2022, the Iowa Utilities Board approved the acquisition. The newly acquired wastewater utility, Iowa American Water\u2019s first sewer system operation in the state, adds approximately 750 wastewater customers to the company\u2019s Iowa Quad Cities service area. \u201cOur team is excited to provide an additional service to our water customers in Blue Grass,\u201d said Randy Moore, President of Iowa American Water. \u201cSince 2017, we have had the privilege of partnering … Continue reading "Iowa American Water Purchases City of Blue Grass Wastewater System"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-26T21:37:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20221025005837r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Iowa American Water Purchases City of Blue Grass Wastewater System\",\"datePublished\":\"2022-10-26T21:37:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\\\/\"},\"wordCount\":679,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20221025005837r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iowa-american-water-purchases-city-of-blue-grass-wastewater-system\\\/\",\"name\":\"Iowa American Water Purchases City of Blue Grass Wastewater System - 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