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WTRG's Aqua Pennsylvania Acquires Ulster Municipal Water Systems
Source: zacks.com
M&A & RestructuringInfrastructure & DefenseCompany Fundamentals
Essential Utilities' Aqua Pennsylvania acquired Ulster's water assets for $0.5 million, adding 180 customers. The company plans to invest $2 million in system upgrades over the next five years, supporting infrastructure quality and incremental regulated-customer growth. The transaction is strategically positive but immaterial to company-wide financial results.
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