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Essential Utilities' Aqua Pennsylvania Subsidiary Finalizes $18M Purchase Of Greenville Municipal Water Authority In Mercer County, PA

Benzinga·03/04/2026 12:07:54
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Acquisition reflects company's commitment to providing highest quality drinking water service; follows 2025 acquisition of Greenville Sanitary Authority

Essential Utilities, Inc. (NYSE:WTRG) announced today its Aqua Pennsylvania subsidiary has finalized its $18 million purchase of the Greenville Municipal Water Authority in Mercer County, PA. The system serves more than 2,900 customers in Greenville Borough as well as Hempfield and West Salem Townships. The Pennsylvania Public Utility Commission (PUC) approved the sale on January 15, 2026. This acquisition comes one year after Aqua Pennsylvania purchased the Greenville Sanitary Authority's wastewater system.

Aqua Pennsylvania has identified the need to invest $10 million in the system over the next decade, which consists of 40 miles of main pipelines. Improvements will be made to improve system operations and meet regulatory, environmental, and cybersecurity demands. All Greenville Municipal Authority employees have been offered employment at Aqua, pending the company's standard hiring practices.

Customers' base rates will not change at the closing of the transaction. Any future rate change will be subject to approval of the PUC. Eligible customers seeking assistance with their water bills will gain access to Aqua's low-income Customer Assistance Program (CAP) and the hardship fund – Aqua Aid.

As part of the transition, residents can expect to receive communication from Aqua Pennsylvania outlining service schedules and procedures. This is the seventh water and wastewater acquisition Essential Utilities, Inc. has completed in the past 24 months, adding 9,655 customers or 12,420 equivalent dwelling units (EDUs).