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Aquarion Water Company Finalizes Major Wastewater System Purchase

Aquarion Water Company Finalizes Major Wastewater System Purchase

Aquarion Water Company Acquires Ansonia’s Wastewater System

Aquarion Water Company has completed the acquisition of Ansonia's municipal wastewater system, marking a significant milestone in the privatization of wastewater services in New England. This transition is a pivotal moment not only for Aquarion but also for the residents and businesses in Ansonia.

Positive Impact on the Community

President of Aquarion Water Company, Donald Morrissey, expressed enthusiasm about the transition, stating, 'We are excited to welcome the Ansonia community into the Aquarion family. Our commitment to excellence in customer service and environmental protection remains steadfast.' Through this acquisition, Aquarion aims to enhance its service offerings and ensure sustainability in water management practices.

Investment in Infrastructure

The deal, valued at $41 million, includes a pledge from Aquarion to invest an additional $15 million to bolster infrastructure over the next five years. This investment promises to improve service reliability and wastewater management for the 5,800 properties connected to the system. This move is expected to relieve the city’s budget pressures, allowing local officials to concentrate on public safety and economic growth.

Enhanced Payment Options for Customers

With the transition to Aquarion, customers will gain access to more convenient billing options. These options will include online payments, phone payments, and traditional methods like mail, all designed to ease the payment process for residents. Such innovations are part of Aquarion's commitment to enhancing customer experience.

Responsible Growth and Expansion

Aquarion Water Company, a significant entity in the water utility sector, serves over 780,000 individuals across Connecticut, Massachusetts, and New Hampshire. By integrating multiple wastewater and water systems since 2011, Aquarion has established itself as an industry leader. Notable acquisitions have included systems in Derby, Canaan, Marlborough, and New Hartford, showcasing their ability to improve municipal services.

A Commitment to Environmental Stewardship

Operating since 1857, Aquarion is dedicated to environmental responsibility and sustainable water management. As the largest privately-owned water utility in New England, Aquarion is positioned to influence positive changes not just within the communities it serves, but also in broader environmental practices. The company strives to operate with integrity and emphasizes the importance of sustainable resource management.

About Aquarion Water Company

Aquarion Water Company has long been recognized for its role as a steward of water resources and environmental responsibility. Operating from Bridgeport, CT, this company is committed to serving its population with both quality water and wastewater treatment services. As a wholly-owned subsidiary of Eversource, Aquarion continues to build on its legacy while looking forward to innovative solutions that enhance community living.

For further inquiries, contact Aquarion’s corporate communications director, Peter Fazekas at (203) 336-7651. Through ongoing efforts and community engagement, Aquarion intends to maintain its focus on its environmental goals while delivering superior customer service.

Frequently Asked Questions

What is the significance of Aquarion's recent acquisition?

The acquisition of Ansonia’s wastewater system signifies a strategic move to enhance service delivery and promote environmental sustainability in the region.

How much is Aquarion investing in infrastructure improvements?

Aquarion has committed to investing $15 million into infrastructure enhancements over the next five years.

What improvements can customers expect?

Customers will benefit from new payment options, including online and phone payments, making bill management more convenient.

How does Aquarion contribute to environmental sustainability?

Aquarion is dedicated to environmentally responsible practices, ensuring optimal water management and conservation across their service areas.

How long has Aquarion been in operation?

Aquarion Water Company has been providing public water supply services since 1857, positioning itself as a leader in the water utility industry.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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