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Press Releases

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

12 May 2002

Philadelphia Suburban Corporation Advised of Change in Vivendi Environnement's Investment Strategy in Philadelphia Suburban

Philadelphia Suburban Corporation Advised of Change in Vivendi Environnement's Investment Strategy in Philadelphia Suburban BRYN MAWR, Pa., May 12, 2002 (BUSINESS WIRE) -- Philadelphia Suburban Corporation (NYSE: PSC) today announced that it has been advised by long-term shareholder Vivendi

08 May 2002

Philadelphia Suburban Corporation Announces First Quarter Operating Results for 2002

Philadelphia Suburban Corporation Announces First Quarter Operating Results for 2002 BRYN MAWR, Pa., May 8, 2002 (BUSINESS WIRE) -- Philadelphia Suburban Corporation (NYSE:PSC) today announced first quarter net income of $11.9 million or $0.17 per share compared to $13.1 million or $0.19 per share

07 May 2002

PSC Subsidiary Maintains A+ Credit Rating From Standard & Poor's Following Parent Company Merger Announcement

PSC Subsidiary Maintains A+ Credit Rating From Standard & Poor's Following Parent Company Merger Announcement BRYN MAWR, Pa.--(BUSINESS WIRE)--May 7, 2002--Philadelphia Suburban Corporation (NYSE:PSC) announced today that Standard and Poor's (S&P) affirmed its ratings outlook on PSC's largest

03 May 2002

Philadelphia Suburban Corporation to Announce First Quarter Earnings On May 8, 2002

Philadelphia Suburban Corporation to Announce First Quarter Earnings On May 8, 2002 BRYN MAWR, Pa., May 3, 2002 (BUSINESS WIRE) -- Philadelphia Suburban Corporation (NYSE:PSC) - the second largest investor-owned water utility in the United States - is expected to report earnings for the quarter

03 May 2002

Philadelphia Suburban Declares June 2002 Dividend

Philadelphia Suburban Declares June 2002 Dividend BRYN MAWR, Pa., May 3, 2002 (BUSINESS WIRE) -- Philadelphia Suburban Corporation (NYSE:PSC) today declared a quarterly cash dividend payment of $.1325 per share payable on June 1, 2002 to all shareholders of record on May 14, 2002.

29 Apr 2002

PSC to Acquire New Hampshire Water Utility; Acquisition Immediately Accretive; Adds Seventh State to Nation's Second Largest Water Utility

PSC to Acquire New Hampshire Water Utility; Acquisition Immediately Accretive; Adds Seventh State to Nation's Second Largest Water Utility BRYN MAWR, Pa. & NASHUA, N.H.--(BUSINESS WIRE)--April 29, 2002--PSC (NYSE: PSC), the nation's second largest investor-owned water utility holding company, and

18 Apr 2002

Philadelphia Suburban Subsidiary Purchases North Carolina Piedmont Water Company

Philadelphia Suburban Subsidiary Purchases North Carolina Piedmont Water Company BRYN MAWR, Pa., Apr 18, 2002 (BUSINESS WIRE) -- Hydraulics Ltd., a subsidiary of Philadelphia Suburban Corporation (NYSE:PSC) has acquired by merger the Piedmont Water Company Inc., a private utility serving more than