American Water Works to Acquire Hopewell Borough Water System

Reuters

Dec 19

American Water Works to Acquire Hopewell Borough Water System

New Jersey American Water has signed an agreement to acquire the Hopewell Borough water system for $6.4 million, following a November 2025 referendum in which 58% of Hopewell voters approved the sale. The water system serves more than 880 customer connections. Upon completion of the acquisition, which is anticipated in the first half of 2026, New Jersey American Water plans to invest $7 million in infrastructure improvements over the first five years of ownership. The company will also conduct a comprehensive analysis of the system to identify additional improvements, aiming to modernize water infrastructure, ensure safe and reliable service, and reduce water rates for residents.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Water Works Co. Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA51048) on December 18, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA51048) on December 18, 2025, and is solely responsible for the information contained therein.</span></i>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BD4GTW91.USD","symbol_name":"LEGG MASON CLEARBRIDGEINFRASTRUCTURE VALUE \"A\" (USDHDG) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251218:nNDL78W9Bm:1","article_id":"2592736185","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592736185","pubTimestamp":1766082625,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"New Jersey American Water has signed an agreement to acquire the Hopewell Borough water system for $6.4 million, following a November 2025 referendum in which 58% of Hopewell voters approved the sale. 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The water system serves more than 880 customer connections. Upon completion of the acquisition, which is anticipated in the first half of 2026, New Jersey American Water plans to invest $7 million in infrastructure improvements over the first five years of ownership. The company will also conduct a comprehensive analysis of the system to identify additional improvements, aiming to modernize water infrastructure, ensure safe and reliable service, and reduce water rates for residents.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Water Works Co. Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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