Aqua Pennsylvania has bought the assets of a community water system from Bristol Township for $3.4 million, according to a release.
The water system serves about 1,300 residents and 175 businesses in the Newportville and Fergson sections of the township.
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“We’ve served the majority of the Bristol area for nearly 20 years now and with two treatment facilities and an expansive distribution system in lower Bucks County, this acquisition makes perfect sense for Aqua and the township,” Aqua America Chairman and CEO Nicholas DeBenedictis said.
Aqua Pennsylvania has served sections of Bristol Township since it acquired the Bristol Borough water system in the mid-1990s.
The company serves more than 3 million customers throughout the country.
