Newsroom

Press Releases

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

17 Aug 2000

Philadelphia Suburban Completes Purchase of White Horse Village Water System

Philadelphia Suburban Completes Purchase of White Horse Village Water System BRYN MAWR, Pa. August 17, 2000 - Philadelphia Suburban Water Company (PSW), the primary subsidiary of Philadelphia Suburban Corporation (NYSE:PSC) announced today that it has completed the purchase of the water system of

08 Aug 2000

Philadelphia Suburban Arranges for $31 Million in Low Interest Financing for Capital Rebuilding; Financing estimated to save $20 million in interest over 30 years

Philadelphia Suburban Arranges for $31 Million in Low Interest Financing for Capital Rebuilding; Financing estimated to save $20 million in interest over 30 years BRYN MAWR, Pa. Aug. 8, 2000 - Philadelphia Suburban Corporation (NYSE:PSC) announced today that it has successfully arranged for a total

03 Aug 2000

Philadelphia Suburban Signs a 25-Year Water Sales Contract Valued At $43 Million With Columbia Electric Corporation Subsidiary

Philadelphia Suburban Signs a 25-Year Water Sales Contract Valued At $43 Million With Columbia Electric Corporation Subsidiary BRYN MAWR, Pa - Aug. 3, 2000--Philadelphia Suburban Corporation (NYSE:PSC) announced today that its Philadelphia Suburban Water Company subsidiary (PSW) has entered into

02 Aug 2000

Philadelphia Suburban Corporation's Ohio Subsidiary Buys Summit County System

Philadelphia Suburban Corporation's Ohio Subsidiary Buys Summit County System BRYN MAWR, Pa. August 2, 2000 - Philadelphia Suburban Corporation (NYSE:PSC) today announced that their Consumers Ohio Water Company (COWC) subsidiary has purchased the Summit County water system, which serves

01 Aug 2000

25 Percent Stock Dividend and 7.64 Percent Cash Dividend Increase Announced for PSC Shareholders

Distribution is third in five years; dividend increase is tenth increase in nine years

01 Aug 2000

Two Vivendi Principals Elected to Philadelphia Suburban Corporation Board

Two Vivendi Principals Elected to Philadelphia Suburban Corporation Board BRYN MAWR, Pa. Aug. 1, 2000--Today, Richard J. Heckmann, chairman of Vivendi Water, and Andrew D. Seidel, president and chief operating officer of Vivendi Water, were elected to Philadelphia Suburban Corporation's (NYSE:PSC)

26 Jul 2000

Philadelphia Suburban Corporation Reports a 13.8 Percent Increase in Earnings Per Share in Second Quarter 2000

Philadelphia Suburban Corporation Reports a 13.8 Percent Increase in Earnings Per Share in Second Quarter 2000 BRYN MAWR, Pa. July 26, 2000 - Philadelphia Suburban Corporation (NYSE/PSC) today reported a 13.8 percent increase in diluted net income per common share to $.33 in the quarter ended June