# DELCORA approves $276.5M asset sale to Aqua Pennsylvania

DELCORA's board approved an asset purchase agreement with Aqua Pennsylvania Wastewater for $276.5 million, pending regulatory approval. The deal includes a rate stabilization plan to save average retail customers $1,400.

- Type: Acquisition
- Announced: 2019-09-17
- Where: Chester, Pennsylvania, United States
- Value: $276.5M
- Status: announced
- Products: wastewater treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Delaware County Regional Water Quality Control Authority](https://endata.com/companies/42175.md) (target)
- [Aqua Pennsylvania Wastewater](https://endata.com/companies/42176.md) (acquirer)

## Sources

- [delcora.org](https://www.delcora.org/delcora-board-approves-aqua-pennsylvania-wastewater-asset-purchase-agreement/), 2019-09-17: "Our number one goal throughout this process was to find a partner who could help us stabilize rates for our ratepayers in the face of large, looming capital costs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.