Silver Creek Water Utility Members Approve Sale Of Member-Owned Water Utility To Indiana American Water, A Subsidiary Of American Water
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Members of the Silver Creek Water Corporation have voted in favor of the sale of their member-owned water utility to Indiana American Water, a subsidiary of American Water (AWK). The acquisition, if approved by the Indiana Utility Regulatory Commission, would add approximately 8,000 water customers to Indiana American Water's service footprint.
November 03, 2023 | 8:18 pm
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The acquisition of Silver Creek Water Corporation by Indiana American Water, a subsidiary of American Water (AWK), could potentially increase AWK's customer base by approximately 8,000. This could lead to increased revenues and growth for the company.
The acquisition of Silver Creek Water Corporation by Indiana American Water, a subsidiary of American Water (AWK), if approved, would increase AWK's customer base by approximately 8,000. This could lead to increased revenues and growth for the company, positively impacting its stock price in the short term.
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