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Pennsylvania American Water to acquire STMA assets for $990,000
The Fly

Pennsylvania American Water to acquire STMA assets for $990,000

Pennsylvania American Water, a subsidiary of American Water, announced that it has signed an agreement to purchase the sanitary sewer collection system assets of the Sadsbury Township Municipal Authority for $990,000. The system serves approximately 250 properties in Sadsbury Township, Lancaster County, with sanitary sewer treatment service provided by adjacent Christiana Borough and Salisbury Township through contractual arrangements. The agreement was approved by the Sadsbury Township Board of Commissioners on Nov. 1, 2022. Pennsylvania American Water will seek approval from the Pennsylvania Public Utility Commission for the acquisition and other necessary approvals from the Pennsylvania Department of Environmental Protection. The company expects to close the transaction in 2023, pending regulatory approvals.

Published first on TheFly

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