American Water Works Company, Inc.
American Water Works Announces Acquisition of Nexus Water Group Systems
Summary
American Water Works Company, Inc. announced the acquisition of Nexus Regulated Utilities, LLC's water and wastewater systems in eight states for approximately $315 million. This acquisition will add nearly 47,000 customer connections and is subject to regulatory approvals and other customary closing conditions. The transaction is expected to close by or before August 2026.
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About American Water Works Company, Inc.
American Water Works Company, Inc. is a prominent utility company that provides water and wastewater services across the United States. It primarily focuses on the operation and maintenance of water and wastewater utilities, ensuring the delivery of reliable clean water and proper treatment of wastewater for residential, commercial, and industrial customers. With a strong commitment to sustainability and community support, American Water Works is engaged in essential environmental stewardship practices to preserve natural resources. Serving millions of people, the company operates through subsidiaries in several states, playing a critical role in the water infrastructure sector. Its services ensure compliance with federal and state regulations, which safeguards public health and the environment. In the financial market, American Water Works is recognized for its stable operations and contributions to the utility sector, offering investors exposure to a critical and typically regulated industry that remains vital regardless of economic cycles.
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