Essential Utilities' Aqua Pennsylvania Subsidiary Finalizes $37.75M Purchase Of City Of Beaver Falls Wastewater System In Beaver County

Benzinga Newsdesk 1 year ago

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Acquisition reflects company's commitment to providing reliable wastewater treatment, environmental stewardship and dedication to communitiesEssential Utilities, Inc. (NYSE:WTRG) announced today its Aqua Pennsylvania

Acquisition reflects company's commitment to providing reliable wastewater treatment, environmental stewardship and dedication to communities

Essential Utilities, Inc. (NYSE:WTRG) announced today its Aqua Pennsylvania subsidiary has finalized a $37.75 million purchase of the City of Beaver Falls wastewater system in Beaver County, PA. The system serves approximately 3,200 customers in the City of Beaver Falls. The wastewater system also provides bulk transmission and treatment service for approximately 3,800 Equivalent Dwelling Units (EDU) in seven nearby municipalities including Patterson Township, Patterson Heights Borough, White Township, West Mayfield Borough, Big Beaver Borough, Eastvale Borough and North Sewickley Township.

Aqua Pennsylvania plans to invest $10 million in infrastructure improvements over the next decade with a focus on safety and plant upgrades. Improvements include:

  • Repairing and replacing portions of sewer collection system
  • Upgrading the treatment plant headworks and filter tower
  • Upgrading the pump station

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