Illinois American Water buys City of Grafton Wastewater System


US-based water utility Illinois American Water has acquired City of Grafton wastewater system located near Alton in southern Illinois for $600,000.

With the deal, which was approved by the Illinois Commerce Commission, around 400 customers have been added to Illinois American Water's customer base in the Alton District and serves nearly 670 residents.

The Grafton wastewater system will be incorporated into Illinois American Water's Alton District, which currently serves residents in Alton, Godfrey and Elsah as well as wholesale customers including Jersey County Rural Water, Fosterburg Water District, Brighton and Forest Homes-Maple Park.

Currently, Illinois American Water, a subsidiary of American Water, provides water and wastewater services to around 1.2 million people.

American Water also has a customer service centre in Alton and a quality control and research laboratory in Belleville.

Since September 2010, Illinois American Water has been providing water to the City of Grafton on a sale-for-resale (wholesale) basis.

In August 2013, the company acquired the local water system.

On the basis of the continued public-private partnership, the community entered into a wastewater service contract in March last year and Illinois American Water began operating that system.

Illinois American Water president Bruce Hauk said: "We have a strong track record in Grafton and the surrounding area. Our team's level of customer service and commitment to the community has enabled City leadership to entrust us with providing critical service for public health, safety and economic development.

"We take this responsibility seriously and look forward to continuing to serve Grafton.

"With this acquisition, we will expand our wastewater service footprint and help ensure local residents have access to a reliable wastewater service for years to come."


Source:

http://files.shareholder.com/downloads/AMERPR/2131372269x0x893983/306EF426-9DD7-40FF-9503-3B893DACE9A6/IL_Grafton_WastewaterAcquisition_Release_FINAL_cs.pdf


 

Illinois American Water Acquires City of Grafton Wastewater System

Acquisition will add about 400 new customers in Alton District

Grafton, Ill. (May 26, 2016) - Illinois American Water President Bruce Hauk, today announced the Company's acquisition of the City of Grafton wastewater system, near Alton in southern Illinois. The purchase of the system adds approximately 400 customers to the Company's customer base in the Alton District and serves a population of nearly 670 residents.

Illinois American Water is familiar with the City of Grafton, and vice versa. Illinois American Water began its partnership with the City in September 2010, providing water to Grafton on a sale-for-resale (wholesale) basis. Illinois

"We have a strong track record in Grafton and the surrounding area. Our team's level of customer service and commitment to the community has enabled City leadership to entrust us with providing critical service for public health, safety and economic development." said Bruce Hauk, president of Illinois American Water. "We take this responsibility seriously and look forward to continuing to serve Grafton. With this acquisition, we will expand our wastewater service footprint and help ensure local residents have access to a reliable wastewater service for years to come."

Grafton Mayor Tom Thompson is also enthusiastic in his support of the acquisition. "We are pleased to continue our positive working relationship with Illinois American Water. They are a true member of our community. Their expertise and ability to provide both water and wastewater service to Grafton residents is a benefit for today and our future."

The acquisition of the Grafton wastewater system for $600,000 was approved by the Illinois Commerce Commission on May 4, 2016. The sale was closed by Illinois American Water and the City of Grafton today. The Grafton wastewater system will be incorporated into the company's Alton District, which currently serves residents in Alton, Godfrey and Elsah. Jersey County Rural Water, Fosterburg Water District, Brighton and Forest Homes-Maple Park are wholesale customers.

Customers will receive an Illinois American Water welcome packet in the mail. Their first combined Illinois American Water wastewater and water bill will be received approximately 30 days after closing.

About Illinois American Water - Illinois American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 1.2 million people. American Water also operates a customer service center in Alton and a quality control and research laboratory in Belleville.

American Water is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. Marking its 130th anniversary this year, the company employs 6,700 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found by visiting www.amwater.com.