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American Water's Subsidiary Pennsylvania American Water To Acquire Indian Creek Valley Water Authority For $32.8M And Sutersville-Sewickley Municipal Sewage Authority For $3.25M

Benzinga·07/01/2025 20:31:10
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Acquisitions to add approximately 2,700 water and 500 wastewater connections

Pennsylvania American Water announced today that it has signed agreements to acquire the Indian Creek Valley Water Authority and the Sutersville-Sewickley Municipal Sewage Authority. The acquisitions reflect the company's ongoing commitment to strengthening water and wastewater infrastructure across the Commonwealth.

The proposed $32.8 million acquisition of the Fayette County-based Indian Creek Valley Water Authority includes approximately 2,700 metered customer connections and a water system supported by two springs, one well and a surface water treatment plant with a combined capacity of nearly 1 million gallons per day.

The proposed $3.25 million acquisition of the Sutersville-Sewickley Municipal Sewage Authority, which serves customers in Westmoreland County, includes approximately 500 customers.

The Pennsylvania Public Utility Commission (PUC) regulates the company's rates and reviews and approves any future rate changes. Pennsylvania American Water will seek all necessary approvals from its regulators and expects both transactions to close by third quarter 2026.