News From Trenton · July 9, 2024
New Jersey American Water Acquires Salem City Water and Sewer Systems
Credit: Image by Clker-Free-Vector-Images from Pixabay
An $18 million acquisition of the city of Salem’s water and wastewater systems was finalized last week.
The sale marks New Jersey American Water’s sixth purchase of a municipal water system over the last six years. The company is a subsidiary of the largest investor-owned water utility in the U.S.
From NJ SEED: News From Trenton - July 9, 2024.