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Press Releases

Read the latest news and press releases about Essential and its utilities subsidiaries below.

03 Jul 2006

Aqua America Closes Two More Water System Purchases; First Half 2006 Brings Total of 10 Acquisitions

BRYN MAWR, Pa., Jul 03, 2006 (BUSINESS WIRE) -- Aqua America Inc. (NYSE:WTR) reported today the acquisition of two water systems in North Carolina, which brings the number of transactions closed through mid-year 2006 to 10. "The first half of the year not only produced several more 'bread-and

15 Jun 2006

Aqua America Chairman Says Short-Term Ownership in Regulated Water Utility Industry is Detrimental

BRYN MAWR, Pa., Jun 15, 2006 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) Chairman and Chief Executive Officer Nicholas DeBenedictis said he believes that business models that fail to instill long-term ownership of regulated water utility systems will be harmful to communities and customers.

01 Jun 2006

Aqua America Chief Financial Officer to Present at Gabelli & Company's First Annual Water Infrastructure Conference

BRYN MAWR, Pa., Jun 01, 2006 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) announced today that its Chief Financial Officer David Smeltzer will present at Gabelli & Company, Inc.'s First Annual Water Infrastructure Conference on June 9, 2006 at 12:15 p.m.

18 May 2006

Aqua America Subsidiary Acquires Another Waste Hauling Business

BRYN MAWR, Pa., May 18, 2006 (BUSINESS WIRE) -- Aqua America Inc. (NYSE:WTR) announced today that its non-regulated subsidiary, Aqua Wastewater Management, Inc. (Aqua), has acquired the assets of another septage hauling business, significantly increasing the customer base of the new business

17 May 2006

Aqua America Board Reaffirms Dividend Policy; Dividends Paid for 60 Consecutive Years; Increased 14 Times in 15 Years

BRYN MAWR, Pa., May 17, 2006 (BUSINESS WIRE) -- At its Annual Meeting of Shareholders today, Aqua America Inc. (NYSE:WTR) Chairman and CEO Nicholas DeBenedictis indicated that the company's Board of Directors reaffirmed the company's long-term dividend policy.

16 May 2006

Aqua America to Acquire New York Water Service Corporation; Valued at $51 Million, Acquisition Expected to Be Immediately Accretive

BRYN MAWR, Pa., May 16, 2006 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE: WTR) announced today that it has reached an agreement with Utilities & Industries Corp., LLC to acquire New York Water Service Corporation in a transaction valued at $51 million.

03 May 2006

Aqua America Reports Earnings for First Quarter 2006; Company expects return to earnings growth in second half

BRYN MAWR, Pa., May 03, 2006 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) today reported diluted earnings per share of $0.13 and net income of $16.6 million for the quarter ending March 31, 2006. For the same period in 2005, the company reported diluted earnings per share of $0.15 and net