{"id":835219,"date":"2025-04-08T16:19:33","date_gmt":"2025-04-08T20:19:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/new-jersey-american-water-completes-acquisition-of-shrewsbury-townships-alfred-vail-mutual-association-water-system\/"},"modified":"2025-04-08T16:19:33","modified_gmt":"2025-04-08T20:19:33","slug":"new-jersey-american-water-completes-acquisition-of-shrewsbury-townships-alfred-vail-mutual-association-water-system","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-jersey-american-water-completes-acquisition-of-shrewsbury-townships-alfred-vail-mutual-association-water-system\/","title":{"rendered":"New Jersey American Water Completes Acquisition of Shrewsbury Township\u2019s Alfred Vail Mutual Association Water System"},"content":{"rendered":"

<\/p>\n

New Jersey American Water Completes Acquisition of Shrewsbury Township\u2019s Alfred Vail Mutual Association Water System<\/b><\/p>\n

Second Acquisition Completed via the Water Infrastructure Protection Act Adds 265 New Customers and Will Provide Critical Infrastructure Improvements for Residents<\/i><\/p>\n

CAMDEN, N.J.–(BUSINESS WIRE<\/a>)–New Jersey American Water<\/a> announced today it has completed its acquisition of the water system of Shrewsbury Township\u2019s Alfred Vail Mutual Association community. The purchase of this system, which serves 265 customer connections, follows the approval of the New Jersey Department of Community Affairs and the New Jersey Board of Public Utilities, and is the second in the State of New Jersey to be completed through the Water Infrastructure Protection Act (WIPA).\n<\/p>\n

\nThe state\u2019s WIPA legislation was signed into law in 2015. It permits the sale of municipally owned water or wastewater systems that meet certain criteria. The New Jersey Department of Environmental Protection certified the township\u2019s request to pursue the sale through the WIPA path in July 2023.\n<\/p>\n

\n\u201cThis agreement is a win for our community,\u201d said Shrewsbury Township Mayor Lester Jennings. \u201cBy selling the Alfred Vail Mutual Association water system to New Jersey American Water, we are securing much-needed infrastructure improvements, high-quality service, and affordable rates for our residents. With their expertise and investment, our residents will benefit from a modernized system and reliable service for years to come.\u201d\n<\/p>\n

\nUnder the agreement, New Jersey American Water will make several critical infrastructure investments in the community\u2019s water system while keeping rates affordable for customers. These projects include identifying and replacing all lead and galvanized steel service lines in addition to upgrading all water meters. All aging water mains within the system will also be replaced. Additionally, New Jersey American Water will take ownership of all service laterals from the main to the meter, removing this responsibility and risk from homeowners in this community.\n<\/p>\n

\n\u201cWe are committed to delivering safe, reliable, and affordable water service to the residents of Shrewsbury Township\u2019s Alfred Vail Mutual Association, just as we do for the 2.9 million people we serve across the state,\u201d said Ben Morris, Vice President of Operations, New Jersey American Water. \u201cOur plan includes upgrading and strengthening the community\u2019s water infrastructure to enhance quality and increase reliability\u2014all while delivering excellent customer service.\u201d\n<\/p>\n

\nResidents will receive additional information in the mail from New Jersey American Water within the next week to facilitate a smooth transition. Shrewsbury Township\u2019s Alfred Vail Mutual Association residents will be able to take advantage of the company\u2019s customer service benefits, including its online account management portal, MyWater<\/a>, as well as its H2O Help to Others program<\/a> for qualifying customers needing help paying their bills. Additional information is also available on a dedicated webpage, Shrewsbury Township Water<\/a>, on the company\u2019s website at www.newjerseyamwater.com<\/a>, under Customer Service and Billing.\n<\/p>\n

\nThis is New Jersey American Water\u2019s seventh acquisition in the last five years, adding more than 17,000 new water and\/or wastewater customers. Additionally, it is the state of New Jersey\u2019s and New Jersey American Water\u2019s second WIPA sale following the company\u2019s acquisition of Egg Harbor City\u2019s water and wastewater system in June 2023, which added more than 1,500 water and wastewater customers.\n<\/p>\n

About American Water
\n
<\/b>American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing\u00ae<\/sup> by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water\u2019s 6,700 talented professionals leverage their significant expertise and the company\u2019s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.\n<\/p>\n

\nAs one of the fastest growing utilities in the U.S., American Water expects to invest $40 to $42 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities.\n<\/p>\n

\nAmerican Water has been recognized as one of Forbes 2025 Most Trusted Companies in America, in addition to being ranked first in the utilities industry category on Forbes America\u2019s Best Large Employers List for 2024; recognized on Newsweek\u2019s America\u2019s Most Responsible Companies 2025 List; ranked on Barron\u2019s 100 Most Sustainable U.S. Companies 2024 List; and named one of America\u2019s Most JUST companies by JUST Capital and CNBC for its continued commitment to employees, customers, communities and shareholders.\n<\/p>\n

\nFor more information, visit amwater.com<\/a> and join American Water on LinkedIn<\/a>, Facebook<\/a>, X<\/a> and Instagram<\/a>.\n<\/p>\n

About New Jersey American Water
\n
<\/b>New Jersey American Water, a subsidiary of American Water, is the largest regulated water utility in the state, providing safe, clean, reliable and affordable water and wastewater services to approximately 2.9 million people. For more information, visit www.newjerseyamwater.com<\/a> and follow New Jersey American Water on LinkedIn<\/a>, Facebook<\/a>, X<\/a>, and Instagram<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250408664046\/en\/<\/a><\/span><\/p>\n

Media Contact:
\n
<\/b>Erin Banes
\n
Senior External Affairs Specialist
\n
New Jersey American Water
\n
erin.banes@amwater.com<\/a><\/p>\n

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

INDUSTRY KEYWORDS:<\/b> Environment Technology Construction & Property Urban Planning Utilities Other Technology Public Policy\/Government Sustainability Energy State\/Local<\/p>\n

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

New Jersey American Water Completes Acquisition of Shrewsbury Township\u2019s Alfred Vail Mutual Association Water System Second Acquisition Completed via the Water Infrastructure Protection Act Adds 265 New Customers and Will Provide Critical Infrastructure Improvements for Residents CAMDEN, N.J.–(BUSINESS WIRE)–New Jersey American Water announced today it has completed its acquisition of the water system of Shrewsbury Township\u2019s Alfred Vail Mutual Association community. The purchase of this system, which serves 265 customer connections, follows the approval of the New Jersey Department of Community Affairs and the New Jersey Board of Public Utilities, and is the second in the State of New Jersey to be completed through the Water Infrastructure Protection Act (WIPA). The state\u2019s WIPA legislation was signed into law in 2015. … <\/p>\n

Continue reading “New Jersey American Water Completes Acquisition of Shrewsbury Township\u2019s Alfred Vail Mutual Association Water 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-835219","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNew Jersey American Water Completes Acquisition of Shrewsbury Township\u2019s Alfred Vail Mutual Association Water 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\/new-jersey-american-water-completes-acquisition-of-shrewsbury-townships-alfred-vail-mutual-association-water-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey American Water Completes Acquisition of Shrewsbury Township\u2019s Alfred Vail Mutual Association Water System - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Jersey American Water Completes Acquisition of Shrewsbury Township\u2019s Alfred Vail Mutual Association Water System Second Acquisition Completed via the Water Infrastructure Protection Act Adds 265 New Customers and Will Provide Critical Infrastructure Improvements for Residents CAMDEN, N.J.–(BUSINESS WIRE)–New Jersey American Water announced today it has completed its acquisition of the water system of Shrewsbury Township\u2019s Alfred Vail Mutual Association community. 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