Source link : https://europ.info/2025/12/20/new-jersey-american-water-to-acquire-hopewell-borough-water-system-for-6-4m/
New Jersey American Water to Acquire Hopewell Borough Water System for $6.4M
In a significant move aimed at enhancing water service delivery, New Jersey American Water has announced its plans to acquire the Hopewell Borough water system for $6.4 million. The acquisition, pending regulatory approval, marks an important step in the company’s commitment to providing reliable and sustainable water solutions across the state. With this deal, New Jersey American Water aims to improve infrastructure and ensure water quality for the residents of Hopewell Borough, further solidifying its role as a leading utility provider in New Jersey. As communities continue to face challenges related to aging water systems, this acquisition highlights the strategic efforts being made to modernize and expand essential services for local populations.
New Jersey American Water Expands Service Footprint with Hopewell Borough Acquisition
New Jersey American Water’s recent acquisition of the Hopewell Borough water system marks a significant milestone in its efforts to enhance service delivery across the region. The transaction, valued at $6.4 million, enables the company to integrate the existing infrastructure and expand its operational footprint. This move is expected to improve water quality and reliability for local residents while aligning with the company’s commitment to sustainable water management practices.
The deal will not only bolster the water supply chain but also streamline…
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Author : Isabella Rossi
Publish date : 2025-12-20 03:26:00
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