Illinois American Water Acquires Sundale Utilities, Inc.
May 18 2018 - 2:40PM
Business Wire
Acquisition adds both water and wastewater
customers
Illinois American Water President Bruce Hauk today announced the
Company’s acquisition of Sundale Utilities, Inc. The purchase of
the water and wastewater systems adds approximately 1,415 new
wastewater customers and approximately 475 water customers to the
Company’s customer base.
The Illinois Commerce Commission (ICC) approved the sale for $2
million on May 2, 2018. Today, Illinois American Water acquired the
water and wastewater systems.
According to Brad Spurgeon, Vice President of Sundale Utilities,
Inc., significant investment needs coupled with his retirement led
to the decision to sell the systems. He said, “Over 60 years ago
when the utility systems were created, there was a great need for
water and sewer infrastructure in Washington Estates and for a
sewer system in the Sundale area. This need is stronger today than
ever before.”
He explained, “Guidelines have become more stringent and the
investment needed to remain in compliance has grown beyond our
capacity. A benefit of selling the systems to Illinois American
Water is knowing they will make the critical investment needed and
will care for our customers as we have over the years.”
Illinois American Water plans to invest an estimated $4.4
million over the first five years of ownership. This investment
includes security and safety improvements including improved
chemical storage and electrical upgrades for reliability. The
Company will also complete a hydraulic study to ensure critical
water pressure for service and fire protection. Water mains and
water meters will also be replaced and upgraded. Additional
wastewater improvements include installing a new aeration system,
sewer main lining and overall system rehab for reliability and
safety.
“Systems across the nation are facing incredible investment
needs for public health and safety. We are committed to upgrading
these systems and ensuring quality water and reliable wastewater
service to our new customers,” said Roger Goodson, sr. manager of
field operations and production for Illinois American Water’s
Peoria District.
New customers will soon receive an Illinois American Water
welcome packet in the mail. This packet includes information about
online account management, billing, payment options and more.
The appraisal process used for the Sundale Utilities, Inc. water
and wastewater systems was conducted under the supervision of the
ICC and established as part of the Illinois Water Systems Viability
Act. The Sundale Utilities, Inc. systems will be incorporated into
the company’s Peoria District, which currently serves residents in
Peoria, West Peoria, Bartonville, Bellevue, Rome, Mapleton,
Farmington and parts of several surrounding townships. Dunlap,
Hanna City and the Timber Logan Water District are sale for resale
(wholesale) customers.
About Illinois American Water - Illinois American Water,
a subsidiary of American Water (NYSE: AWK), is the largest
investor-owned water utility in the state, providing high-quality
and reliable water and/or wastewater services to approximately 1.3
million people. American Water also operates a customer service
center in Alton and a quality control and research laboratory in
Belleville. With a history dating back to 1886, American Water is
the largest and most geographically diverse U.S. publicly traded
water and wastewater utility company. The company employs more than
6,900 dedicated professionals who provide regulated and
market-based drinking water, wastewater and other related services
to an estimated 15 million people in 46 states and Ontario, Canada.
American Water provides safe, clean, affordable and reliable water
services to our customers to make sure we keep their lives flowing.
For more information, visit amwater.com and follow American Water
on Twitter, Facebook and LinkedIn.
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Illinois American WaterKaren CottonExternal Affairs
Manager309-566-4126
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