Essential Utilities’ Aqua Pennsylvania Subsidiary Acquires Shenandoah Water System
“Our customers deserve a reliable system with consistently high water quality,” said
“We have a long history of municipal partnerships, and we are looking forward to partnering with the leadership and customers of MABS,” said Essential Chairman and CEO
Parts of the
Essential plans to invest more than
- increasing reliability and reducing water loss
- improving water quality
- improving operational efficiency and environmental performance
All full-time MABS employees were offered employment at Aqua, after completing the company’s standard hiring process.
The transaction adds to Essential’s regional footprint and builds on the company’s strategy to grow by investing in infrastructure that delivers clean, safe, and reliable natural resources – in this case water and wastewater treatment – to residential and commercial customers.
About Essential Utilities
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which generally include words such as “believes,” “expects,” “intends,” “anticipates,” “estimates,” “will” and similar expressions. The company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent its views only as of today and should not be relied upon as representing its views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the company’s actual results to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to, statements relating to the capital to be invested by the company over the next ten years. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including the factors discussed in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, which is filed with the
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