U.S. private water markets are poised for significant growth. With an infrastructure investment gap of more than US$500 billion for drinking water and wastewater treatment over the next twenty years, a revised regulatory landscape is shaping new opportunities for private players looking to invest strategically in U.S. water.
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Aqua America Consolidates Mid-Atlantic Position
On 24 March 2014, Aqua America Corporation reported three acquisitions in Virginia covering three counties and serving 1,480 residents for a total cash outlay of $257,501 and the assumption of $1.61 million in capital improvements. The firm followed up this deal on 31 March in Pennsylvania with the acquisition of Penn Township’s wastewater system serving 776 residential and 25 commercial customers for $3.7 million and $2 million of capital improvements.
