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Illinois American Water Acquires City of Villa Grove Water and Wastewater Systems for USD 11m
Friday 23 September 2022

US-based water utility operator American Water's (NYSE: AWK) Illinois American Water subsidiary has acquired the city of Villa Grove water and wastewater systems for USD 11m, the company said.

The newly acquired systems add approximately 1,489 water and 1,069 wastewater customers to the company's eastern Illinois service area.

Illinois American Water is planning to invest approximately USD 21m in the first seven years of ownership to upgrade the city of Villa Grove water and wastewater systems.

Work will include replacing water meters, water mains, fire hydrants and wastewater main. Improvements to lift stations, including replacing pumps, will improve system reliability.

Safety and security systems will also be upgraded. Illinois American Water also plans to design and construct a new wastewater treatment plant to support system reliability and community growth.

New customers will receive an Illinois American Water welcome packet in the mail. This packet includes information about online account management, billing and more.

Illinois American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing water and wastewater services to approximately 1.3m people.

American Water also operates a quality control and research laboratory in Belleville.
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Date Published: 23/09/2022

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