Missouri American Water Announces Acquisition of Village of Wardsville Water and Wastewater Systems
May 23 2017 - 10:28AM
Business Wire
Missouri American Water completed its acquisition of the
Wardsville water and wastewater systems today, adding approximately
475 water and approximately 406 wastewater customers to its more
than 460,000 statewide customers. The purchase price for both the
water and wastewater system is $2.75 million.
Customers in Wardsville, located just south of Jefferson City,
will have their meters changed beginning today and should receive
their first invoice from Missouri American Water the week of June
26. Water and wastewater rates in the city are set by the Missouri
Public Service Commission and will not change upon completion of
the deal.
“This is an exciting day, both for the residents of Wardsville
as well as Missouri American Water,” said Brent Haas, operations
manager for Missouri American Water’s Jefferson City district,
which Wardsville will be joining. “Wardsville residents can look
forward to clean, safe drinking water, effective wastewater
treatment and efficient system operation. Missouri American Water
brings expertise to the water and wastewater industries that is
unparalleled, and by joining our large customer base, we will be
able to manage costs in Wardsville on an ongoing basis to help keep
rates low.”
Missouri American Water
Missouri American Water, a subsidiary of American Water (NYSE:
AWK), is the largest investor-owned water utility in the state,
providing high-quality and reliable water and/or wastewater
services to approximately 1.5 million people.
With a history dating back to 1886, American Water is the
largest and most geographically diverse U.S. publicly-traded water
and wastewater utility company. The company employs more than 6,700
dedicated professionals who provide regulated and market-based
drinking water, wastewater and other related services to an
estimated 15 million people in 47 states and Ontario, Canada. More
information can be found by visiting www.amwater.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170523006030/en/
Missouri American WaterBrian RussellCommunications ManagerT -
314-996-2239C - 314-825-3578Brian.Russell@amwater.com
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