American Water Acquires Nexus Water Group Systems in Eight States

By Trenchless Technology Staff June 9, 2026

On June 1, American Water Works Co. Inc. announced the completion of the purchase of water and wastewater systems located in eight states from Nexus Regulated Utilities LLC, a subsidiary of Nexus Water Group Inc. The total purchase price is approximately $315 million.

The acquisition adds approximately 47,000 customer connections within American Water’s existing footprint in Illinois, Indiana, Kentucky, Maryland, New Jersey, Pennsylvania, Tennessee and Virginia. Additionally, American Water is welcoming approximately 70 employees to its state operations from Nexus Water Group affiliates who provide water and wastewater service in these areas.

“American Water is excited about this acquisition as we believe it is good for customers and another example of execution of our core growth strategy,” said John Griffith, president and CEO of American Water. “We look forward to leveraging our scale and size to deliver safe, clean, reliable and affordable water and wastewater services to these 47,000 new customer connections and to welcoming the local employees who already call these communities home.”

On May 19, 2025, American Water announced its agreement to acquire the systems. The closing follows regulatory approvals by the respective state public utility commissions, as well as customary approvals from governmental entities, all of which were obtained as of May 21, 2026.

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SOURCE – American Water