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Keyword: americanwaterworks

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  • American Water Works is for sale - again

    05/25/2006 8:48:07 AM PDT · by hedgetrimmer · 70 replies · 880+ views
    Eco-logic Powerhouse ^ | May 15, 2006 | Joyce Morrison
    RWE AG, a German-owned utility company, purchased the American Water Works in 2001, for 7.6 billion. The American Water Works was founded in 1886, and serves 1,300 communities in 23 states from the East Coast to the West Coast. RWE now has AWW up for sale, and U.S. Mayors are saying: "We want control of our own water." At the time RWE purchased AWW, California questioned if regulators could hold multi-national utilities to state and local laws, under international trade agreements. RWE/Thames Water, which is a subsidiary located in England, promised that the customers would not have to pay for...