Illinois American Water Acquires Village of Livingston Water and Wastewater Systems
Aug 26, 2021
Illinois American Water President Justin Ladner announced the Company’s acquisition of the Village of Livingston water and wastewater systems. The purchase adds approximately 375 water and 352 wastewater customers to the company’s southern Illinois service area.
The Village of Livingston voted in favor of the sale in June 2020. The Illinois Commerce Commission (ICC) recently approved the sale for $550,000. The sale was completed mid-August.
“Our team is excited to serve the Village of Livingston and further expand our footprint in Madison County,” said Ladner. “We have a long history of providing high-quality, reliable service to our customers and we look forward to playing a vital role in Livingston.”
Village of Livingston Mayor Richard Kovaly said, “The sale of the water and wastewater systems to Illinois American Water will allow the Village to focus on other priorities. The Village will also benefit from future capital investments made by Illinois American Water, which will be completed at a much quicker pace than a community of our size could manage.”
Illinois American Water plans to invest approximately $3.3 million in the first five years of ownership to upgrade the Village of Livingston water and wastewater systems. Work will include replacing fire hydrants, outdoor water meters, and water main. A new water tank will also be constructed. Upgrades to security and monitoring equipment are also planned.
Ethan Steinacher, operations manager for Illinois American Water, said, “We are excited to serve Livingston and will partner closely with Village leaders to support the community’s success. We appreciate the trust and confidence placed in our team.”
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Contact
Illinois American Water
Karen Cotton
Senior Manager External Communications
P.O. Box 6029
IL 60197-6029 Carol Stream
United States
Phone:
+1 800 422 2782
