New Jersey American Water announced today it has signed an agreement to acquire the water and wastewater assets of Egg Harbor City, N.J. for $21.8 million. The municipally owned water and wastewater systems serve approximately 1,500 customer connections each, or 3,000 combined, and are being sold through the state’s Water Infrastructure Protection Act process. New Jersey American Water anticipates completing the acquisition in the second half of 2021, following approval from the New Jersey Department of Community Affairs and the New Jersey Board of Public Utilities.

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