trending Market Intelligence /marketintelligence/en/news-insights/trending/ieTa9zW03r8f1XXDhL84HQ2 content esgSubNav
In This List

Illinois American Water to buy wastewater collection system for $18M

Blog

Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024


Illinois American Water to buy wastewater collection system for $18M

Illinois American Water Co. agreed to acquire the wastewater collection system of the city of Granite, Ill., for about $18 million.

The wastewater system serves 12,500 customer connections, according to a Dec. 26 press release. The deal is expected to close in late 2020, subject to the approval of the Illinois Commerce Commission.

The utility has also signed purchase agreements with the villages of Andalusia, Leonore, Shiloh and Sydney, as well as the cities of Rosiclare and Jerseyville.

Illinois American Water is a subsidiary of American Water Works Co. Inc.