Essential Utilities Selling West Virginia Gas Utility Assets to Hope Gas Pending Regulatory Approval

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Jan 03, 2023

Essential Utilities Inc. (NYSE: WTRG) agreed to sell its West Virginia natural gas utility assets to Hope+Gas, headquartered in Morgantown, WV. This move will allow the company to focus on – and prioritize – the growth of its utilities in states where it has scale, following its long-term strategy of infrastructure investment and growth by acquisition of water and wastewater systems.