Algonquin power & utilities corp. completes acquisition of new york american water company, inc.

Oakville, on, jan. 3, 2022 /prnewswire/ - algonquin power & utilities corp. ("aqn" or the "company") (tsx: aqn) (nyse: aqn) today announced that liberty utilities (eastern water holdings) corp. , a wholly-owned subsidiary of aqn's  regulated utility operating subsidiary, liberty utilities co. ("liberty"), has successfully completed the previously-announced acquisition of new york american water company, inc. ("new york american water") from american water works company, inc. for a purchase price of approximately $608 million. headquartered in merrick, ny, new york american water is a regulated water and wastewater utility serving over 125,000 customer connections across seven counties in southeastern new york.
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