Deal Snapshot
AQUA AMERICA´S PENNSYLVANIA SUBSIDIARY TO ACQUIRE MUNICIPAL WASTEWATER SYSTEM
Wednesday 18 September 2019

US-based water utility operator Aqua America Inc.'s (NYSE: WTR) Pennsylvania subsidiary, Aqua Pennsylvania Wastewater, has signed an asset purchase agreement with the Delaware County Regional Water Quality Control Authority (DELCORA) to acquire the municipal authority's wastewater assets for USD 276.5m, the company said.
The pending transaction is subject to Pennsylvania Public Utility Commission approval. DELCORA serves a population of approximately 500,000 people in 42 municipalities in Southeast Pennsylvania.


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Details
Date Published: 18/09/2019
Target: Delaware County Regional Water Quality Control Authority/ wastewater assets
Country: USA
Deal Size: 276.5m (USD)
Sector: Utilities
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor:
Buyer: Aqua Pennsylvania Wastewater
Comment:


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