2023 Earnings and Growth Projections
Strong Outlook for Acquisitions in 2023 and Beyond AMERICAN WATER
Butler Area Sewer Authority, PA
Wastewater
Closed
As of June 30, 2023
7,100 Customer Connections
10 Acquisitions in 5 States, $33M
ΜΟ
2 2 = 1 2
1
1
4
2
Under Agreement
As of June 30, 2023
74,800 Customer Connections
32 Acquisitions in 10 States, $555M
PA
MO
IL
WV
VA
CA
IN
ΙΑ
NJ
MD
1
1
2 2
3
33 M
3
4
$232 million purchase price
14,700 equivalent customer connections
Signed October 11, 2022
Expected to close by the end of 2023,
pending regulatory approval.
Granite City, IL
Wastewater
$83 million purchase price
26,000 equivalent customer connections
Signed April 6, 2023
Now expected to close by the end of
2023, pending regulatory approval.
=1.3 Million Customer Connections in Pipeline
Sign Purchase Agreement
Receive Appraisals and
Pursue Regulatory
Approvals
Close Transaction, with
Customers Billed at their
Historical or Modified Rates
Regulated Acquisitions: Typical Fair Market Value Process
Upon Next Rate Case, Move
Customers onto Applicable
AW Utility Rates
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