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American Water, Essential Utilities Merger Gets Kentucky PSC Approval; Closing Targeted Q1 2027
- Kentucky PSC approves the Essential Utilities and American Water merger.
- The deal is an all-stock merger of water, wastewater and gas operations.
- Merged company will operate under American Water and be based in Camden, New Jersey.
- The merger's footprint will cover about 4.7 million water/wastewater and 740,000 gas connections.
- Regulatory approval marks the first step toward closing the transaction.
- The merger follows prior shareholder approval and targeted closing in early 2027.
- The deal will create a single platform for water and gas services under one brand.
- Closing of the merger is targeted by the end of the first quarter of 2027.
- The transaction will consolidate regulatory and operational processes under one parent.
- The merger impacts customers across the combined footprint in Kentucky and beyond.
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