New Jersey American Water buys Hopewell Borough water system for $6.4 million
American Water Works Company, Inc.
American Water Works Company, Inc. AWK | 0.00 |
- American Water Works’ New Jersey unit closed its purchase of Hopewell Borough’s water system for USD 6.4 million.
- Deal adds about 930 customer connections; Hopewell had sourced part of its supply from the utility since 2005.
- Plans USD 7 million of infrastructure investment over five years; includes lead service line replacements.
- Will take the borough’s PFAS-affected well offline; shift supply to the company’s Canal Road and Raritan Millstone plants.
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: LA95791) on June 30, 2026, and is solely responsible for the information contained therein.
