Pa. American pays $23M for Cumberland County sewer system
Pennsylvania American Water, a subsidiary of American Water of Voorhees, said Thursday that it has signed an agreement to acquire the wastewater assets of the Borough of New Cumberland in Cumberland County for $23 million.
Pennsylvania American Water, a subsidiary of American Water of Voorhees, said Thursday that it has signed an agreement to acquire the wastewater assets of the Borough of New Cumberland in Cumberland County for $23 million.
The New Cumberland wastewater system serves about 3,100 customers, who already receive water service from Pennsylvania American. The company agreed not to file a rate-increase request before 2018.
The sale requires approval from the Pennsylvania Public Utility Commission and the state Department of Environmental Protection.
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