Aqua Pennsylvania, the water‑service arm of Essential Utilities, finalized an $18 million purchase of the Greenville Municipal Water Authority on March 4, 2026, adding more than 2,900 customers in Greenville Borough and the surrounding Hempfield and West Salem Townships to its service portfolio.
The acquisition follows the company’s 2025 purchase of the Greenville Sanitary Authority’s wastewater system and marks the seventh water and wastewater acquisition completed by Essential Utilities in the past 24 months. It expands Aqua Pennsylvania’s footprint in Pennsylvania and supports the company’s integrated water‑gas model by adding a new water‑service market while maintaining its existing gas operations in the region.
Aqua Pennsylvania plans to invest $10 million in main pipelines and other infrastructure upgrades over the next decade, a modest amount relative to the company’s $7.8 billion water rate base. The upgrades are intended to improve reliability and service quality for the new customers, reinforcing the company’s commitment to long‑term infrastructure investment.
The transaction is part of Essential Utilities’ broader strategy to consolidate fragmented water systems and is occurring alongside the pending merger with American Water, which has received overwhelming shareholder approval and is expected to close in early 2027. The combined entity will become the largest regulated water and wastewater utility in the United States, positioning both companies for scale and enhanced service delivery.
In its Q4 2025 earnings, Essential Utilities reported revenue of $699.1 million—$110.1 million above the $589 million consensus estimate—and earnings per share of $0.47, beating the $0.36 estimate by $0.11. The strong results were driven by regulatory recoveries and increased natural gas volumes, while disciplined cost management helped maintain margins. Full‑year 2025 EPS of $2.20 exceeded guidance of $2.07–$2.11, and the company reiterated its commitment to a 5–7% compounded annual EPS growth through 2027.
"Our customers in Greenville and the surrounding communities already count on us for safe and reliable wastewater service. Now, they'll be able to count on us to provide them with the highest quality drinking water. We are committed to investing in upgrades to the water system in Greenville that will bring long‑term benefits to our customers." – Christopher Franklin, Essential Utilities Chairman & CEO
"Investing in water infrastructure is not optional; it is essential for drinking water quality. The repairs and upgrades planned for the water system in Greenville will improve reliability and service for our customers at the start and for years to come." – Marc Lucca, Aqua Pennsylvania President
"The Greenville Water Authority has proudly served this community for over 100 years, and this decision was not made lightly. Our responsibility has always been to ensure safe, reliable water service for our residents — not just today, but for generations to come. After careful consideration, we believe this transition positions both our employees and the Borough for long‑term stability and growth." – Tom Strahler, Greenville Water Authority Board Chairman
"2025 was truly a banner year for the company. I am proud of the work our team has done to achieve excellence in operations, from continuing to execute our $450 million PFAS capital plan, to exceeding our Intelis gas meter installation goal, truly delivering for our customers. Additionally, we continued our track record of achieving strong growth, which allowed us to once again increase the dividend and continue our infrastructure investment program." – Christopher Franklin, Essential Utilities Chairman and Chief Executive Officer
"Now, with our shareholders having overwhelmingly approving the historic merger of Essential Utilities and American Water at our special meeting on February 10th, we are well positioned to deliver for our stakeholders for generations to come." – Christopher Franklin, Essential Utilities Chairman and Chief Executive Officer
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