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New Jersey American Water Signs Agreement To Purchase Long Hill Township Sewer System For $12.7M

New Jersey American Water announced today it has signed an agreement to acquire the wastewater assets of the Township of Long Hill, N.J. for $12.7 million. This municipally owned sewer system serves approximately 2,800

Benzinga · 01/02/2020 21:03

New Jersey American Water announced today it has signed an agreement to acquire the wastewater assets of the Township of Long Hill, N.J. for $12.7 million. This municipally owned sewer system serves approximately 2,800 customers, most of whom already receive water service from New Jersey American Water. The agreement follows a voter referendum that took place in November, in which voters approved the sale of the system to New Jersey American Water by a two to one margin.