Kentucky American Water announced today that it has acquired the water and wastewater assets of the City of North Middletown in Bourbon County, Kentucky.
The transaction adds approximately 400 water customers and 250 wastewater customers to Kentucky American Water and expands the company’s service area in Bourbon County.
“We are pleased to welcome the City of North Middletown’s water and wastewater customers to Kentucky American Water,” said Nick Rowe, president of Kentucky American Water and senior vice president of American Water’s Southeast Division. “Today’s effort represents the kind of regionalization and consolidation of water systems that the Kentucky Legislature has encouraged over the years to help make quality, reliable, affordable water service available to Kentuckians.”
The company already has customers in rural areas of Bourbon County and has owned and operated the water and wastewater systems in Millersburg since 2014. Before today’s acquisition the City of North Middletown was previously a wholesale water customer of Kentucky American Water.
“Our company will bring to the North Middletown community around-the-clock response for water service emergencies as well as exceptional quality water, unique water and wastewater system expertise, additional capital resources for ongoing water infrastructure investment and a commitment to being an engaged corporate citizen,” Rowe added. “We look forward to serving this community.”
“The City of North Middletown is pleased that this merger has come to fruition,” said Jeff McFarland, mayor of North Middletown. “We understand that in order to provide the best possible services to our community, strong partnerships are important. Kentucky American Water has been a great partner in providing safe and reliable drinking water to the North Middletown Utility System, and now we will be able to utilize the company’s expertise and resources for our community’s water and wastewater needs for many years to come.”
Source: Company Press Release