Artesian Water Company Purchases Fort DuPont Water System
Artesian Resources Corporation’s principal subsidiary, Artesian Water Company, has closed on its purchase of water assets in the Fort DuPont Historic District, New Castle County, Delaware.
The acquisition includes over $1 million of investment for the purchase of the existing water treatment plant, storage tank and water mains serving the Fort DuPont Historic District. Artesian will make improvements to repair, replace and modernize infrastructure providing potable water and fire suppression services to current and future customers in this area. The water system currently serves the Governor Bacon Health Center and other state facilities in the surrounding area, including the Delaware National Guard. Artesian will now be able to extend safe, reliable and high-quality water service and fire protection to future residents of the planned 600-unit residential community, as well as many anticipated retailers and businesses.
“Artesian’s cooperative efforts with the Fort DuPont Redevelopment and Preservation Corporation, Delaware City and the State of Delaware on the revitalization of this historic area exemplify the many benefits of robust public-private partnerships between state and local governments, and partners in the business community to address water infrastructure needs,” said Dian C. Taylor, Chair, President and CEO of Artesian Resources
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