Illinois American Water Acquires Village of Leonore Water System
American Water Works Company, Inc. (AWK)
Last american water works company, inc. earnings: 2/18 04:37 pm
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US:NYSE Investor Relations:
ir.amwater.com
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Source: Business Wire
STREATOR, Ill.--(BUSINESS WIRE)--Illinois American Water President Justin Ladner today announced the Company’s acquisition of the Village of Leonore water system. The purchase adds approximately 68 water customers to the Streator District service area.The Village of Leonore voted in favor of the sale November 2018. The Illinois Commerce Commission (ICC) approved the sale for $100,000. The sale was completed today.“We have a long history – over 145 years – of providing quality water service in Illinois. We are proud of our track record and look forward to serving our new customers in Leonore,” said Ladner.Village President Mike Zimmerman said the sale of the water system to Illinois American Water will, “allow the Village to focus on other community needs.” He went on to say, “Not only will residents have better quality water service from a company that has served this region well for many years, but the Village will be able to focus on other priorities.”Illinois American Water is
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