2023-05-01 16:16:15 ET
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Essential Utilities ( NYSE: WTRG ) said Monday its Aqua Pennsylvania unit has bought a wastewater system in Greenville, PA for $18 million.
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The wastewater sale is expected to close in the first quarter of 2024.
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The company plans to invest $20 million in 10 years to bring the wastewater treatment plant into compliance with state and federal regulations.
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The company said it will also replace collection system pipes to improve reliability, increase plant capacity, and improve performance.
For further details see:
Essential Utilities’ unit buys wastewater system in PA for $18M