Aquarion Water Acquires Water and Wastewater Systems in New Hartford, Connecticut.
MANews-(C)2009-2023
US-based Aquarion Water company has purchased the municipal water and wastewater treatment systems of New Hartford, Connecticut in a USD 8m transaction, the company said.
The purchase marks the first full privatisation of a municipal wastewater system in Connecticut.
The USD 8m transaction will result in an immediate reduction of both water and wastewater rates.
With the proceeds from the purchase, New Hartford will repay debt associated with the wastewater plant, fund the expansion of the wastewater...
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