Essential Utilities, Inc. (WTRG) and American Water Works Company, Inc. have filed a Stipulation of Settlement with the New Jersey Board of Public Utilities (NJBPU) regarding their proposed merger. This agreement with all parties, including NJBPU staff and the New Jersey Division of Rate Counsel, represents a significant step toward securing regulatory approval for the transaction.

Key Details

  • Event: Filing of a Stipulation of Settlement to facilitate the approval of the proposed merger where Essential Utilities will become a subsidiary of American Water.
  • Timeline: The settlement was entered into on November 2, 2026, and is now subject to final review and approval by the NJBPU.
  • Parties: The settlement was agreed upon by all parties involved in the New Jersey regulatory proceeding, indicating broad alignment on the terms.