Pennsylvania American Water Acquires Pittston Wastewater System

News Summary

Pennsylvania American Water has finalized a $26.4 million deal to acquire the City of Pittston’s wastewater collection system, benefiting 4,400 customers. The acquisition will lead to over $5.1 million in upgrades, enhancing service efficiency and safety. Funds from the sale will support local municipal services and community improvement projects, including new housing and a theater. Current wastewater rates will remain stable during the transition, with any future changes requiring regulatory approval. The acquisition is expected to close by late 2026, enhancing wastewater management in the region.

Pennsylvania – Pennsylvania American Water has finalized an agreement to acquire the wastewater collection system of the City of Pittston for $26.4 million. This acquisition will benefit approximately 4,400 customers within the city, enhancing the efficiency and safety of wastewater management services.

The move comes as Pennsylvania American Water is already the provider of drinking water services in Pittston, serving over 135,000 customer connections in the region. Following the acquisition, the company plans to invest more than $5.1 million in essential upgrades to the collection system over the next five years. This investment will encompass several planned improvements, including main replacements, technology updates, security enhancements, and upgrades to the Geographic Information System for better data mapping and management.

Pittston Mayor Michael Lombardo confirmed that the decision for the sale followed a comprehensive vetting process of potential buyers, with Pennsylvania American Water presenting the most beneficial proposal for the city. The city intends to utilize proceeds from the sale to bolster essential municipal services and to fund community improvement initiatives. Notably, part of these funds will support the Market & Main project, which aims to develop a seven-story building featuring housing, retail space, and a 630-seat theatre.

Residents and businesses in Pittston can expect that their current wastewater collection rates will remain stable at the time the transaction closes. Future changes to rates will require the approval of the Pennsylvania Public Utility Commission (PUC), ensuring that customer interests are represented. Furthermore, the Wyoming Valley Sanitary Authority will continue to provide wastewater treatment services and manage billing directly for the customers.

According to the president of Pennsylvania American Water, the company is dedicated to delivering high-quality water and wastewater services that prioritizing public health and environmental protection. This acquisition is set to enhance these goals, supporting both existing customers and the wider community.

Pending regulatory approvals, the acquisition is anticipated to close by late 2026. Established as a subsidiary of American Water, Pennsylvania American Water is recognized as the largest regulated water provider in the state, serving around 2.4 million people. American Water boasts a rich history that extends back to 1886 and maintains a reputation for ensuring customer satisfaction while also delivering consistent returns to shareholders through regular dividend payments.

Through this strategic acquisition, Pennsylvania American Water aims to improve wastewater management efficiency while supporting community development efforts in Pittston, marking a significant step toward better quality services for residents.

Deeper Dive: News & Info About This Topic

• Citizens Voice: PA American Water Acquiring Pittston Sewer System for $26.4M
• Business Wire: Pennsylvania American Water Signs Agreement to Purchase the City of Pittston’s Wastewater System
• Investing.com: Pennsylvania American Water to Acquire Pittston Wastewater System
• Wikipedia: Wastewater Management
• Encyclopedia Britannica: Water Supply