Aquarion Water Company Finalizes Acquisition of Ansonia Wastewater System in CT

Aquarion Water Company Completes Purchase of Ansonia, CT Municipal Wastewater System

Aquarion Water Company has proudly announced the completion of its acquisition of the municipal wastewater system belonging to the City of Ansonia, Connecticut. This transaction represents a significant milestone as it stands as the largest privatization of a municipal wastewater system in the New England region.

Donald Morrissey, President of Aquarion Water Company, expressed his enthusiasm, stating, "We are delighted to welcome Ansonia residents and businesses to the Aquarion family. We look forward to providing our newest customers with outstanding customer service and a long-term commitment to protecting the environment."

With a transaction value of $41 million, this acquisition includes a commitment from Aquarion to invest an additional $15 million aimed at upgrading infrastructure within the first five years of ownership. Serving approximately 5,800 customer connections in Ansonia, the wastewater system will now benefit from Aquarion's established reputation for quality and sustainability in water management.

The Mayor of Ansonia, David Cassetti, noted that the sale will be an essential component in revitalizing the city. He stated, "This sale allows the City to concentrate on its core functions such as public safety, education, and economic development while stabilizing sewer and tax rates for years to come."

Aquarion Water Company provides existing water services to several nearby communities, including Derby, Seymour, Oxford, Beacon Falls, and Shelton. Since 2011, Aquarion has successfully integrated a total of 91 water and wastewater systems, many of which previously belonged to municipalities. Among these were systems in Derby and other towns like Canaan, Marlborough, New Fairfield, and New Hartford.

Under the new ownership, customers can anticipate enhanced convenience in managing their bills. Aquarion will provide multiple options for payment, including online transactions, payments by phone, mail, or in-person at designated locations.

Aquarion Water Company stands as a pillar of public water supply and wastewater treatment, serving over 780,000 people across 73 cities and towns in Connecticut, Massachusetts, and New Hampshire. As the largest privately-owned water utility in New England, and among the seven largest in the U.S., Aquarion has been dedicated to responsible environmental stewardship since its inception in 1857.

This latest acquisition not only enhances the company's service offerings but also reinforces its commitment to sustainability and community engagement. Interested parties can find more about Aquarion Water Company on their website or engage with them on Facebook.