Essential utilities completes sale of allegheny county microgrid and district energy projects to cordia

Pittsburgh--(business wire)--essential utilities, inc. (nyse: wtrg) today closed the sale of its three non-utility microgrid and district energy properties in allegheny county to cordia, a sustainability-driven energy solutions provider. the agreement is valued at $165 million. the agreement covers innovative microgrids and district energy systems developed by peoples, essential's gas operations subsidiary based in pittsburgh, where the assets are located. the pittsburgh international airport m.
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