West Virginia American Water Signs Agreement to Purchase Jefferson Utilities for $30 Million (AWK)

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Go back to West Virginia American Water Signs Agreement to Purchase Jefferson Utilities for $30 Million (AWK)

West Virginia American Water Signs Agreement to Purchase Jefferson Utilities for $30 Million

July 27, 2022 2:00 PM EDT

CHARLESTON, W.Va.--(BUSINESS WIRE)-- West Virginia American Water, a subsidiary of American Water (NYSE: AWK), announced today that it has signed an agreement with Jefferson Utilities to purchase the water and wastewater system assets of Jefferson Utilities, Inc., Valley Water and Sewer Services, Shenandoah Junction Public Sewer and East Jefferson Sewer Services for $30 million. The combined systems serve 3,978 customer connections in Jefferson, Berkeley and Morgan counties.

West Virginia American Water looks forward to becoming the water and wastewater service provider for such a vibrant and growing part of the Eastern Panhandle,... More