Image Source: Aqua America Inc – IR Presentation
By Callum Turcan
We are following up on our June 18 article (link here) covering Aqua America Inc (WTR), which yields 2.2% on a forward looking basis as of this writing, as the regulated water and wastewater utility gets closer to closing its ~$4.3 billion acquisition (when including debt) of the regulated natural gas utility Peoples. Aqua America needs exposure to rate-regulated utilities with longer growth runways as its management team has run into hurdles growing the firm’s regulated water and wastewater utility