NextEra Water to Purchase Pennsylvania Wastewater System.

MANews-(C)2009-2022

US-based water and wastewater utility NextEra Water Pennsylvania, LLC has agreed to purchase the wastewater system owned by Towamencin Township located in Montgomery County, Pennsylvania, the company said.

Terms of the transaction were not disclosed. 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 consists of a treatment plant and collection system and serves approximately 7,500 customer accounts.

The acquisition of the...

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