NextEra Water to Buy Pennsylvania Wastewater System.

MANews-(C)2009-2022

US-based NextEra Energy Resources, LLC's Florida, US-based NextEra Water Pennsylvania, LLC indirect subsidiary has entered into an agreement to purchase the wastewater system owned by Towamencin Township in Montgomery County, Pennsylvania, the company said.

The Towamencin wastewater system consists of a treatment plant and collection system and serves approximately 7,500 customer accounts.

The sale requires regulatory approval from the Pennsylvania Public Utility Commission.

Assuming timely regulatory approval, the sale is targeted to close in the second half of 2023.

The Towamencin wastewater system acquisition is NextEra Water's second...

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