Companies
American Water Acquires Shorelands Water Company
American Water has completed its acquisition of the Shorelands Water Company, a privately owned water utility that provides water services to more than 11,000 customers in Monmouth County, N.J. The acquisition was approved by the New Jersey Board of Public Utilities on March 24, 2017. The purchased ..
Illinois American Water Acquires Water System
Illinois American Water has officially acquired the Village of Sadorus water system, which will be incorporated into the company’s Champaign County District. The Village of Sadorus Board voted in favor of the sale in April 2016 and the Illinois Commerce Commission approved the sale for $240,000 on ..
Maine Utility Regulators to Consider $1.5B FairPoint Sale
AUGUSTA, Maine (AP) — Maine utility regulators are ready to delve into details of the proposed $1.5 billion sale of FairPoint Communications, the country’s eighth-largest phone and internet company. Consolidated Communications, based in Illinois, announced in December it was buying FairPoint, assum..
Forterra Acquires Royal Enterprises America
Forterra, Inc., a leading manufacturer of water infrastructure pipe and products in the United States and Eastern Canada, has acquired the business of Royal Enterprises America, a manufacturer of concrete drainage pipe, precast concrete products, stormwater treatment technologies and erosion control..
Utilities Move to Save Merger Amid Criticism
TOPEKA, Kan. (AP) — A Missouri-based utility sought Monday to rescue its proposal to buy Kansas’ largest electric company amid strong criticism that their $12.2 billion deal is too rich and would create a larger but financially weakened firm with consumers on the hook for its problems. An attorney ..
Interior Gas Utility Board Approves Merger
FAIRBANKS, Alaska (AP) — The board of directors for Interior Gas Utility has agreed to purchase Fairbanks Natural Gas from the state for more than $58 million. As part of the deal approved Tuesday, Interior Gas Utility would also get a processing plant in Point Mackenzie and transportation trucks. ..
Pennsylvania American Water Acquires Scranton Wastewater System
Pennsylvania American Water, a wholly owned subsidiary of American Water, has completed the acquisition of the wastewater system assets of the Scranton Sewer Authority (SSA). The purchase price is approximately $195 million. The newly acquired system provides wastewater service to approximately 31,..
Algonquin Power & Utilities Corp. Acquires the Empire District Electric Company
Algonquin Power & Utilities Corp. has announced that a subsidiary of Liberty Utilities Co., Algonquin Power & Utilities Corp. wholly-owned regulated utility business, successfully completed its acquisition of the Empire District Electric Company for an aggregate purchase price of approximate..
CenterPoint to Acquire Atmos Energy's Retail Energy Services Business
CenterPoint Energy Services, Inc., an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc. has signed an agreement to acquire Atmos Energy’s retail energy services business, Atmos Energy Marketing, LLC. The purchase price for the acquisition is $40 million plus working capital subje..
Pennsylvania PUC Grants Conditional Approval for Sale of Scranton Sewer System to Pennsylvania-American Water Company
The Pennsylvania Public Utility Commission has granted conditional approval of a Joint Application filed by Pennsylvania-American Water Company and the Sewer Authority of the City of Scranton for the sale of substantially all of the Sewer Authority of the City of Scranton’s Sewer System and Sewage T..
HammerHead Trenchless Acquires RS Lining Systems
HammerHead Trenchless, a Charles Machine Works company, has announced the acquisition of RS Lining Systems LLC, the provider of RS Technik pipe rehabilitation solutions in the Americas. This acquisition will allow HammerHead to better serve customers across the underground infrastructure rehabilitat..
Enbridge to Acquire Spectra Energy for $28 Billion
NEW YORK (AP) — Canada’s Enbridge is buying Houston-based Spectra Energy for about $28 billion, creating North America’s largest energy infrastructure company. Both companies operate pipelines that deliver oil and natural gas. Under the terms of the deal announced Tuesday, Spectra Energy sharehold..
EPCOR USA Acquires 130 Pipeline
EPCOR Water (USA) Inc., a wholly owned subsidiary of EPCOR Utilities Inc. has acquired the 130 Pipeline, a 53-mile wholesale water supply pipeline that delivers groundwater from Burleson County to eastern Travis County in the northeastern Austin, Texas metropolitan area. EPCOR USA purchased..
Dominion-Questar Merger Moves Closer After Approval From Utah's PSC
The Public Service Commission of Utah has approved the merger between Dominion Resources, Inc. and Questar Corporation, subject to terms and conditions of an agreed settlement stipulation. With this action, the final regulatory approval needed to complete the merger is pending with the Wyomi..
Xylem to Acquire Sensus for $1.7 Billion
Xylem Inc. has signed a definitive agreement to acquire Sensus for approximately $1.7 billion in cash. Sensus, owned by investment funds affiliated with The Jordan Company and GS Capital Partners 2000, is a leading provider of smart meters, network technologies, and advanced data analytics services..
NextEra Energy to Acquire Oncor
NextEra Energy, Inc. will acquire 100 percent of the equity of reorganized Energy Future Holdings Corp. and certain of its direct and indirect subsidiaries, including the company’s approximately 80 percent indirect interest in Oncor Electric Delivery Company, which implies a total enterprise value o..
- Intrepid Fiber breaks ground on fiber optic network in Superior, Colo.
- Excavator collides with I-95 overpass in Henrico, Va., causing multi-vehicle crash
- Shrewsbury, Mass., expands sewer inspections and cleaning efforts
- Construction worker killed in trench collapse near Prosperity, S.C.
- Two workers rescued after hours trapped in Mich. trench collapse
- Texas contractor penalized by OSHA for repeated trench safety violations
- Final construction phase kicks off for Indianapolis deep rock tunnel
- WES tunnel boring machine retrieved from Oregon river after seven-month project
- Illinois overhauls Peoples Gas pipeline program, mandates focus on high-risk pipes
- Ameren Illinois to invest $140 million in natural gas pipeline replacement program