Pennsylvania American Water Completes $28 Million Acquisition of Elizabeth Borough Wastewater System

Reuters05:03

Pennsylvania American Water Completes $28 Million Acquisition of Elizabeth Borough Wastewater System

Pennsylvania American Water has completed its acquisition of the Elizabeth Borough Municipal Authority (EBMA) wastewater system for $28 million. The transaction adds approximately 660 direct customer connections in Elizabeth Borough, Allegheny County, and extends service to around 1,500 indirect customers in Lincoln Borough and Elizabeth and Forward townships. Pennsylvania American Water already provides water service to these customers. Proceeds from the sale will be used to fund capital improvement projects in the township. The company plans to maintain current rates for customers, with any future changes subject to review by the Pennsylvania Public Utility Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Water Works Co. Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA49168) on December 16, 2025, and is solely responsible for the information contained therein.

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