{"id":725558,"date":"2023-01-24T17:20:04","date_gmt":"2023-01-24T22:20:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/"},"modified":"2023-01-24T17:20:04","modified_gmt":"2023-01-24T22:20:04","slug":"pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/","title":{"rendered":"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System<\/b><\/p>\n<p>MECHANICSBURG, Pa.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.amwater.com%2Fpaaw%2F&amp;esheet=53290430&amp;newsitemid=20230124006086&amp;lan=en-US&amp;anchor=Pennsylvania+American+Water&amp;index=1&amp;md5=7705cf7ab42326586343becfc6cb998a\">Pennsylvania American Water<\/a>, a subsidiary of American Water, announced today that it has signed an agreement with Elizabeth Borough Municipal Authority in Allegheny County to purchase its wastewater system assets for $28 million. The system serves approximately 2,200 customers within Elizabeth Borough, Elizabeth Township, Forward Township, and portions of Lincoln Borough.\n<\/p>\n<p>\n\u201cPennsylvania American Water has been providing safe drinking water to area residents for decades, and we are excited to be selected as the future wastewater provider to these Mon Valley communities,\u201d said Pennsylvania American Water President Justin Ladner. \u201cWe look forward to adding these customers to the more than 96,000 households and businesses across the Commonwealth that already rely on Pennsylvania American Water to expertly operate, manage and invest in their wastewater systems.\u201d\n<\/p>\n<p>\nThe authority initially issued a request for bids in November 2021 for the potential sale of its wastewater system, citing that proceeds from the sale would be invested and used to fund other township capital improvement projects. The agreement follows a recent vote by the Elizabeth Borough Municipal Authority Board to accept Pennsylvania American Water\u2019s bid.\n<\/p>\n<p>\n\u201cThroughout this competitive bid process, Pennsylvania American Water has reaffirmed its long-standing reputation as an excellent community partner who is dedicated to providing high-level service,\u201d said Elizabeth Borough Mayor Barry Boucher. \u201cThe sale of our sewage system will relieve the need to continually invest in an aging system and enables our historic town to focus on more important community needs, such as taking Elizabeth back to our vibrant, traditional roots.\u201d\n<\/p>\n<p>\nUpon ownership, Pennsylvania American Water plans to invest approximately $20.4 million by 2028 to meet regulatory requirements, make targeted improvements to address inflow and infiltration, add new technology and control systems, and improve safety and security.\n<\/p>\n<p>\nAs part of the agreement, Pennsylvania American Water will adopt the authority\u2019s wastewater rates at the time of closing. The company\u2019s rates are set by the Pennsylvania Public Utility Commission (PUC), and any future rate changes would have to be reviewed and approved by the PUC. The company also offers grants and monthly bill discounts to qualifying low-income water and wastewater customers through its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.amwater.com%2Fpaaw%2Fcustomer-service-billing%2FCustomer-Assistance-Programs%2F&amp;esheet=53290430&amp;newsitemid=20230124006086&amp;lan=en-US&amp;anchor=H2O+Help+to+Others+Program&amp;index=2&amp;md5=3e69d6e932022c02c7413f3064ade349\">H2O Help to Others Program<\/a>.\n<\/p>\n<p>\nPennsylvania American Water and the Elizabeth Borough Municipal Authority Board will seek approval of the acquisition from the PUC and other necessary approvals from the Pennsylvania Department of Environmental Protection. The transaction is expected to close by the end of 2023 or early 2024, pending regulatory approvals.\n<\/p>\n<p><b>About Pennsylvania American Water<\/b><\/p>\n<p>\nPennsylvania 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 and wastewater services to approximately 2.4 million people.\n<\/p>\n<p><b>About American Water<\/b><\/p>\n<p>\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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.amwater.com&amp;esheet=53290430&amp;newsitemid=20230124006086&amp;lan=en-US&amp;anchor=amwater.com&amp;index=3&amp;md5=1a20b96364735b07164831ea66364fbd\">amwater.com<\/a> and follow American Water on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Famwater&amp;esheet=53290430&amp;newsitemid=20230124006086&amp;lan=en-US&amp;anchor=Twitter&amp;index=4&amp;md5=3a9ab86967316e29bec44d722dccca6d\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fweareamericanwater%2F&amp;esheet=53290430&amp;newsitemid=20230124006086&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=b54d3e68a1c5815d2dbb73e703309a1d\">Facebook<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Famerican-water%2F&amp;esheet=53290430&amp;newsitemid=20230124006086&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=6&amp;md5=109a0abd6c40d891b27924c6b874f2b6\">LinkedIn<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230124006086r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230124006086\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230124006086\/en\/<\/a><\/span><\/p>\n<p><b>Media:<br \/>\n<br \/><\/b>Gary Lobaugh<br \/>\n<br \/>Senior Manager, Government and External Affairs &#8211; Western PA<br \/>\n<br \/>Pennsylvania American Water<br \/>\n<br \/>724.944.5148<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:gary.lobaugh@amwater.com\">gary.lobaugh@amwater.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Public Policy\/Government Utilities Human Resources Environment State\/Local Energy Environmental Issues Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230124006086\/en\/243218\/3\/AW-PENNSYLVANIA_New.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System MECHANICSBURG, Pa.&#8211;(BUSINESS WIRE)&#8211;Pennsylvania American Water, a subsidiary of American Water, announced today that it has signed an agreement with Elizabeth Borough Municipal Authority in Allegheny County to purchase its wastewater system assets for $28 million. The system serves approximately 2,200 customers within Elizabeth Borough, Elizabeth Township, Forward Township, and portions of Lincoln Borough. \u201cPennsylvania American Water has been providing safe drinking water to area residents for decades, and we are excited to be selected as the future wastewater provider to these Mon Valley communities,\u201d said Pennsylvania American Water President Justin Ladner. \u201cWe look forward to adding these customers to the more than 96,000 households and businesses across &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System&#8221;<\/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-725558","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority 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\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System MECHANICSBURG, Pa.&#8211;(BUSINESS WIRE)&#8211;Pennsylvania American Water, a subsidiary of American Water, announced today that it has signed an agreement with Elizabeth Borough Municipal Authority in Allegheny County to purchase its wastewater system assets for $28 million. The system serves approximately 2,200 customers within Elizabeth Borough, Elizabeth Township, Forward Township, and portions of Lincoln Borough. \u201cPennsylvania American Water has been providing safe drinking water to area residents for decades, and we are excited to be selected as the future wastewater provider to these Mon Valley communities,\u201d said Pennsylvania American Water President Justin Ladner. \u201cWe look forward to adding these customers to the more than 96,000 households and businesses across &hellip; Continue reading &quot;Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-24T22:20:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230124006086r1&amp;sid=flmnd&amp;distro=nx&amp;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\\\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System\",\"datePublished\":\"2023-01-24T22:20:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\\\/\"},\"wordCount\":604,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230124006086r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\\\/\",\"name\":\"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/","og_locale":"en_US","og_type":"article","og_title":"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System - Market Newsdesk","og_description":"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System MECHANICSBURG, Pa.&#8211;(BUSINESS WIRE)&#8211;Pennsylvania American Water, a subsidiary of American Water, announced today that it has signed an agreement with Elizabeth Borough Municipal Authority in Allegheny County to purchase its wastewater system assets for $28 million. The system serves approximately 2,200 customers within Elizabeth Borough, Elizabeth Township, Forward Township, and portions of Lincoln Borough. \u201cPennsylvania American Water has been providing safe drinking water to area residents for decades, and we are excited to be selected as the future wastewater provider to these Mon Valley communities,\u201d said Pennsylvania American Water President Justin Ladner. \u201cWe look forward to adding these customers to the more than 96,000 households and businesses across &hellip; Continue reading \"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/","og_site_name":"Market Newsdesk","article_published_time":"2023-01-24T22:20:04+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230124006086r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System","datePublished":"2023-01-24T22:20:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/"},"wordCount":604,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230124006086r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/pennsylvania-american-water-signs-agreement-to-purchase-elizabeth-borough-municipal-authority-wastewater-system\/","name":"Pennsylvania American Water Signs Agreement to Purchase Elizabeth Borough Municipal Authority Wastewater System - 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