Unitil to Purchase Three Water Companies in Massachusetts and New Hampshire from the Aquarion Water Authority

HAMPTON, N.H., May 06, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced that it has entered into a definitive agreement to acquire Aquarion Water Company of Massachusetts Inc., Aquarion Water Company of New Hampshire, Inc., and Abenaki Water Co., Inc. (the “Aquarion Companies”) from the Aquarion Water Authority (“AWA”) for $100.0 million including the assumption of approximately$30.0 million of debt, subject to certain closing conditions, customary purchase price adjustm ...