New Jersey American Water Completes Acquisition of Shrewsbury Township’s Alfred Vail Mutual Association Water System
New Jersey American Water has completed the acquisition of Shrewsbury Township's Alfred Vail Mutual Association water system, adding 265 customer connections. This marks the second acquisition completed through the Water Infrastructure Protection Act (WIPA) in New Jersey.
The company plans several critical infrastructure improvements, including:
- Replacing all lead and galvanized steel service lines
- Upgrading water meters
- Replacing aging water mains
- Taking ownership of service laterals from main to meter
This acquisition represents New Jersey American Water's seventh in the past five years, adding over 17,000 new water and wastewater customers. The deal follows regulatory approvals from the New Jersey Department of Community Affairs and the Board of Public Utilities.
New Jersey American Water ha completato l'acquisizione del sistema idrico dell'Alfred Vail Mutual Association nel comune di Shrewsbury, aggiungendo 265 connessioni per i clienti. Questo segna la seconda acquisizione completata attraverso il Water Infrastructure Protection Act (WIPA) nel New Jersey.
L'azienda prevede diversi miglioramenti critici delle infrastrutture, tra cui:
- Sostituzione di tutte le linee di servizio in piombo e acciaio zincato
- Aggiornamento dei contatori dell'acqua
- Sostituzione delle condotte dell'acqua invecchiate
- Assunzione della proprietà dei collegamenti di servizio dal principale al contatore
Questa acquisizione rappresenta la settima di New Jersey American Water negli ultimi cinque anni, aggiungendo oltre 17.000 nuovi clienti per acqua e acque reflue. L'accordo segue le approvazioni regolatorie del Dipartimento per gli Affari Comunitari del New Jersey e del Consiglio delle Pubbliche Utilità.
New Jersey American Water ha completado la adquisición del sistema de agua de la Asociación Mutual Alfred Vail en el municipio de Shrewsbury, añadiendo 265 conexiones de clientes. Esta es la segunda adquisición completada a través de la Water Infrastructure Protection Act (WIPA) en Nueva Jersey.
La empresa planea varias mejoras críticas en la infraestructura, incluyendo:
- Sustitución de todas las líneas de servicio de plomo y acero galvanizado
- Actualización de los medidores de agua
- Sustitución de las viejas tuberías de agua
- Asunción de la propiedad de las conexiones de servicio desde la tubería principal hasta el medidor
Esta adquisición representa la séptima de New Jersey American Water en los últimos cinco años, añadiendo más de 17.000 nuevos clientes de agua y aguas residuales. El acuerdo sigue las aprobaciones regulatorias del Departamento de Asuntos Comunitarios de Nueva Jersey y de la Junta de Servicios Públicos.
뉴저지 아메리칸 워터는 슈루스버리 타운십의 알프레드 베일 뮤추얼 협회의 수도 시스템을 인수하여 265명의 고객 연결을 추가했습니다. 이는 뉴저지에서 수자원 인프라 보호법 (WIPA)을 통해 완료된 두 번째 인수입니다.
회사는 다음과 같은 여러 중요한 인프라 개선 계획을 세우고 있습니다:
- 모든 납과 아연 도금 강철 서비스 라인 교체
- 수도 계량기 업그레이드
- 노후된 수도관 교체
- 주요 수도관에서 계량기까지의 서비스 라인 소유권 인수
이번 인수는 지난 5년 동안 뉴저지 아메리칸 워터의 일곱 번째 인수로, 17,000명 이상의 새로운 수도 및 하수 고객을 추가했습니다. 이 거래는 뉴저지 커뮤니티 서비스부와 공공 유틸리티 위원회의 규제 승인을 따릅니다.
New Jersey American Water a achevé l'acquisition du système d'eau de l'Alfred Vail Mutual Association dans la commune de Shrewsbury, ajoutant 265 connexions clients. Cela marque la deuxième acquisition réalisée dans le cadre de la Water Infrastructure Protection Act (WIPA) dans le New Jersey.
L'entreprise prévoit plusieurs améliorations critiques de l'infrastructure, notamment :
- Remplacement de toutes les conduites de service en plomb et en acier galvanisé
- Modernisation des compteurs d'eau
- Remplacement des anciennes canalisations d'eau
- Prise de possession des branchements de service du réseau principal au compteur
Cette acquisition représente la septième de New Jersey American Water au cours des cinq dernières années, ajoutant plus de 17 000 nouveaux clients en eau et en eaux usées. L'accord fait suite aux approbations réglementaires du Département des affaires communautaires du New Jersey et de la Commission des services publics.
New Jersey American Water hat die Übernahme des Wasserversorgungssystems der Alfred Vail Mutual Association in der Gemeinde Shrewsbury abgeschlossen und damit 265 Kundenanschlüsse hinzugefügt. Dies ist die zweite Übernahme, die im Rahmen des Water Infrastructure Protection Act (WIPA) in New Jersey abgeschlossen wurde.
Das Unternehmen plant mehrere wichtige Infrastrukturverbesserungen, darunter:
- Erneuerung aller Bleirohre und verzinkten Stahlserviceleitungen
- Aufrüstung der Wasserzähler
- Erneuerung alter Wasserleitungen
- Übernahme des Eigentums an den Serviceleitungen vom Hauptanschluss zum Zähler
Diese Übernahme stellt die siebte von New Jersey American Water in den letzten fünf Jahren dar und fügt über 17.000 neue Wasser- und Abwasserkunden hinzu. Der Deal folgt den Genehmigungen der New Jersey Abteilung für Gemeindeverwaltung und der Kommission für öffentliche Versorgungsunternehmen.
- Infrastructure modernization will improve service quality and reliability
- Company assumes responsibility for service laterals, reducing homeowner liability
- Expansion of customer base by 265 connections
- Demonstrates successful growth strategy with 7th acquisition in 5 years
- None.
Insights
The acquisition of Shrewsbury Township's Alfred Vail Mutual Association water system represents continued execution of American Water Works' tuck-in acquisition strategy in the fragmented water utility market. Though modest in scale with just 265 customer connections, this marks the company's seventh acquisition in five years, which collectively have added over 17,000 customers to their service base.
Particularly notable is AWK's successful leveraging of the Water Infrastructure Protection Act (WIPA) to complete this transaction - only the second acquisition in New Jersey to utilize this regulatory pathway since its 2015 enactment. This demonstrates the company's regulatory savvy and ability to navigate acquisition frameworks effectively.
The infrastructure commitments are strategically significant despite the small customer base. Replacing lead and galvanized steel service lines addresses a critical public health priority that aligns with increasing regulatory scrutiny nationwide. Taking ownership of service laterals from main to meter transfers both responsibility and risk from homeowners to the company, creating a more integrated system with better maintenance control.
While financial terms weren't disclosed, acquisitions of small municipal systems typically offer reasonable returns once infrastructure improvements are incorporated into the rate base. This transaction continues AWK's pattern of disciplined growth through smaller, lower-risk acquisitions rather than large, potentially disruptive moves - a strategy that has served the company well in building its current market leadership position.
Second Acquisition Completed via the Water Infrastructure Protection Act Adds 265 New Customers and Will Provide Critical Infrastructure Improvements for Residents
The state’s WIPA legislation was signed into law in 2015. It permits the sale of municipally owned water or wastewater systems that meet certain criteria. The New Jersey Department of Environmental Protection certified the township’s request to pursue the sale through the WIPA path in July 2023.
“This agreement is a win for our community,” said
Under the agreement, New Jersey American Water will make several critical infrastructure investments in the community’s water system while keeping rates affordable for customers. These projects include identifying and replacing all lead and galvanized steel service lines in addition to upgrading all water meters. All aging water mains within the system will also be replaced. Additionally, New Jersey American Water will take ownership of all service laterals from the main to the meter, removing this responsibility and risk from homeowners in this community.
“We are committed to delivering safe, reliable, and affordable water service to the residents of Shrewsbury Township’s Alfred Vail Mutual Association, just as we do for the 2.9 million people we serve across the state,” said Ben Morris, Vice President of Operations, New Jersey American Water. “Our plan includes upgrading and strengthening the community’s water infrastructure to enhance quality and increase reliability—all while delivering excellent customer service.”
Residents will receive additional information in the mail from New Jersey American Water within the next week to facilitate a smooth transition. Shrewsbury Township’s Alfred Vail Mutual Association residents will be able to take advantage of the company’s customer service benefits, including its online account management portal, MyWater, as well as its H2O Help to Others program for qualifying customers needing help paying their bills. Additional information is also available on a dedicated webpage, Shrewsbury Township Water, on the company’s website at www.newjerseyamwater.com, under Customer Service and Billing.
This is New Jersey American Water’s seventh acquisition in the last five years, adding more than 17,000 new water and/or wastewater customers. Additionally, it is the state of New Jersey’s and New Jersey American Water’s second WIPA sale following the company’s acquisition of Egg Harbor City’s water and wastewater system in June 2023, which added more than 1,500 water and wastewater customers.
About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in
As one of the fastest growing utilities in the
American Water has been recognized as one of Forbes 2025 Most Trusted Companies in America, in addition to being ranked first in the utilities industry category on Forbes America’s Best Large Employers List for 2024; recognized on Newsweek’s America’s Most Responsible Companies 2025 List; ranked on Barron’s 100 Most Sustainable
For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.
About New Jersey American Water
New Jersey American Water, a subsidiary of American Water, is the largest regulated water utility in the state, providing safe, clean, reliable and affordable water and wastewater services to approximately 2.9 million people. For more information, visit www.newjerseyamwater.com and follow New Jersey American Water on LinkedIn, Facebook, X, and Instagram.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250408664046/en/
Media Contact:
Erin Banes
Senior External Affairs Specialist
New Jersey American Water
erin.banes@amwater.com
Source: New Jersey American Water