Middlesex Water Subsidiary Finalizes Pinewood Acres Water System Acquisition

Core Insights - Middlesex Water Company announced the acquisition of water system assets serving 360 customers in Pinewood Acres, Delaware, through its subsidiary Tidewater Utilities, Inc. [1] - The acquisition was approved by the Delaware Public Service Commission, allowing Tidewater to operate the Pinewood Acres water utility assets [2] Group 1: Acquisition Details - Tidewater Utilities aims to ensure a smooth transition for Pinewood Acres residents, emphasizing safe and reliable water service [2] - The acquisition is expected to provide Pinewood Acres residents with consistent regulatory oversight and expanded customer service options [3] Group 2: Company Background - Tidewater Utilities has over 60 years of service in Delaware and is the largest private water supplier south of the Chesapeake & Delaware Canal, serving approximately 62,000 customers [4] - Middlesex Water Company, founded in 1897, provides water and wastewater services to over half a million people in New Jersey and Delaware, focusing on operational excellence and sustainable growth [5]