Illinois American Water Acquires City of Villa Grove Water and Wastewater Systems (AWK)
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Illinois American Water Acquires City of Villa Grove Water and Wastewater Systems
September 22, 2022 4:57 PM EDTVILLA GROVE, Ill.--(BUSINESS WIRE)-- Illinois American Water, a subsidiary of American Water, announced today, the acquisition of the City of Villa Grove water and wastewater systems for $11 million. The newly acquired systems add approximately 1,489 water and 1,069 wastewater customers to the Companys eastern Illinois service area.
Our team is excited to serve our new customers in Villa Grove and expand our footprint in Douglas County, said, Justin Ladner, president of Illinois American Water. Since 2020 we have had the privilege of partnering with over 11 communities across Illinois through acquisitions, sharing our expertise and making critical investments in aging... More
