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Noticias de WTRG
Eventos de WTRG
Aqua Illinois Advances $40M Water Infrastructure Projects
Aqua Illinois, a subsidiary of Essential Utilities, is advancing 14 water and wastewater infrastructure projects representing nearly $40M in investment across the state. Together, the projects will upgrade approximately 100,000 feet of water main and nearly 284,000 feet of wastewater infrastructure, helping modernize essential systems and strengthen reliable service for Illinois communities. The projects will help prevent leaks, reduce service interruptions, and minimize environmental risks, ultimately improving water flow and reliability for local families and businesses. Most construction will begin or continue during the second half of 2026, with several projects extending into 2027.
Essential Utilities Completes $113,000 Acquisition of Lake Tamarack Water Assets
Essential Utilities, announced its Aqua New Jersey subsidiary has finalized its $113,000 purchase of the water system assets of the Lake Tamarack Water Corporation in Sussex County. The system serves approximately 255 customers in the Lake Tamarack portion of Hardyston Township. The New Jersey Board of Public Utilities approved the acquisition on September 9, 2026. "We are well positioned to make much needed improvements to this system in order to ensure the highest-quality drinking water service," said Essential Utilities Chairman & CEO Christopher Franklin. "We are happy to welcome the Lake Tamarack community to the Essential family."
Essential Utilities Completes $450,000 Acquisition of Water System Assets
Essential Utilities announced today its Aqua Pennsylvania subsidiary has finalized its $450,000 purchase of the water system assets of the Ulster Municipal Authority in Bradford County. The system serves approximately 180 customers in Ulster Township. The Pennsylvania Public Utility Commission approved the sale on August 27. Aqua Pennsylvania has identified the need to invest approximately $2M in the system over the next five years. Necessary upgrades will be made to strengthen water infrastructure. Aqua will also invest in improving system operations and meeting regulatory, environmental, and cybersecurity demands. Customers' base rates will not change at the closing of the transaction. Any future rate change will be subject to approval of the PUC. Eligible customers seeking assistance with their water bills will gain access to Aqua's low-income Customer Assistance Program and the hardship fund - Aqua Aid. Customers will also benefit from improved customer service and access to Aqua's ePortal and mobile app to pay bills, track usage and more.
Essential Utilities Declares Quarterly Cash Dividend of 36.06 Cents
The board of directors of Essential Utilities declared a quarterly cash dividend of 36.06c per share, an increase of 5.25%, payable September 1, 2026, to all shareholders of record on August 11, 2026. Essential Utilities has paid consecutive quarterly cash dividends for over 80 years and has increased the dividend 36 times in the last 35 years.
American Water and Essential Utilities Merger Approved by Ohio
American Water (AWK) and Essential Utilities (WTRG) announced that the Public Utilities Commission of Ohio, or PUCO, issued an order approving the companies' proposed merger, marking the second favorable regulatory action in less than a month toward completing the combination of the two companies. The companies received approval of the merger in the Commonwealth of Kentucky on April 21. The The combined company will operate under the American Water name and be headquartered in Camden, New Jersey. The merger is expected to close by the end of Q1 of 2027, but remains subject to customary closing conditions, including, among others, obtaining clearance under the Hart-Scott-Rodino Act and required regulatory approvals, including approval from all applicable public utility commissions.
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