Pennsylvania American Water and Towamencin to cancel wastewater system sale
(UI) — Pennsylvania American Water (PAW) and Towamencin Township have announced plans to terminate the sale of the township’s wastewater system.
The decision, pending formal approval at Towamencin’s next Board of Supervisors meeting, comes after changes in state regulations reshaped the terms of the deal.
The original agreement, signed in June 2022, involved selling the wastewater system to NextEra Water Pennsylvania, LLC. However, in March 2023, NextEra exited the transaction, and PAW stepped in to acquire the system under the same terms. PAW officially took over the agreement on March 24, 2023.
In July 2024, the Pennsylvania Public Utility Commission (PUC) introduced new criteria for evaluating the sale of public water and wastewater systems. The existing agreement between PAW and Towamencin does not align with these new guidelines, leading both parties to mutually agree to terminate the deal.
“We appreciate the Board of Supervisors’ trust in addressing their environmental challenges and investment needs,” said PAW President Justin Ladner. “However, we both acknowledge that the current deal structure is unlikely to meet the PUC’s new criteria.”
Despite this cancellation, PAW is moving forward with plans to acquire the wastewater system in Elizabeth Borough, Allegheny County. The company expects to seek PUC approval for that deal in the coming months.
Related News
From Archive
- Authorities investigating trench collapse that killed worker in Ashburn, Va.
- NTSB publishes preliminary report on fatal gas pipeline explosion in Lexington, Mo.
- Mass. governor slams Trump for ‘dangerous delay’ of $50 million in lead pipe replacement funds
- Ditch Witch West sells first Bulldog trencher to speed up undergrounding work along West Coast
- Centuri awarded nearly $400 million for U.S. gas infrastructure work
- Maryland lawmakers push to curb BGE pipeline spending, citing safety and cost concerns
- Charlottesville, Va., to begin work on 24-inch water line for Rivanna River crossing
- Mass. governor slams Trump for ‘dangerous delay’ of $50 million in lead pipe replacement funds
- City of Albuquerque halts fiber optic construction in response to damage, complaints
- Pasadena, Calif., undergrounding project could take 500 years to finish
Comments