Illinois American Water acquires Village of Tolono water systems for $9.4 million
(UI) – Illinois American Water, a subsidiary of American Water, announced the acquisition of the Village of Tolono water and wastewater systems for $9.416 million. The newly acquired systems add approximately 1,295 water and 1,254 wastewater customers to the company’s eastern Illinois service area.
According to Village of Tolono Mayor Rob Murphy, the sale of the water and wastewater systems to Illinois American Water, “will provide the residents of Tolono with industry experts focused on upgrading the water and wastewater systems.” He continued, “The Village will benefit from capital investments which will allow the Village an opportunity for community development and growth.”
Illinois American Water is planning to invest approximately $17 million in the first five years of ownership to upgrade the Village of Tolono water and wastewater systems. Work will include replacing water meters, water mains and wastewater mains. Improvements to lift stations, including replacing pumps, will improve wastewater system reliability. Safety and security systems will also be upgraded.
Brian Wiemers, Senior Manager of Operations for Illinois American Water’s Eastern Division said, “We are happy to directly serve Tolono residents. We are looking forward to supporting the community and partnering with the Village of Tolono. We appreciate the Village’s trust and confidence in our team.”
Related News
From Archive
- Fatal trench collapse halts sewer construction in Massachusetts; two workers hospitalized
- Alaska LNG pipeline could require 7,000 workers at peak construction, developers say
- Ohio trench collapse kills one worker, injures two during pipe installation
- Elon Musk's Boring Co. fined for dumping drilling waste into Vegas sewer system
- $1.4 billion Midwest pipeline expansion to move more Canadian oil to U.S. Gulf
- Glenfarne Alaska LNG targets late-2026 construction start for 807-mile pipeline project
- Fatal trench collapse halts sewer construction in Massachusetts; two workers hospitalized
- Massive water line failure leaves majority of Waterbury without service
- Infrastructure failure releases 100,000 gallons of wastewater in Houston; repairs ongoing
- Pennsylvania American Water launches interactive map to identify, replace lead water service lines
Comments