Kentucky American Water Receives Approval from PSC to Acquire Ridgewood-Area Wastewater System in Franklin County

Kentucky American Water received approval from the Kentucky Public Service Commission today to purchase the wastewater assets of Classic Construction, Inc., that serve Franklin County’s Ridgewood subdivision and areas adjacent to the neighborhood, and to assume providing wastewater services to that community, effective Oct. 7.

The Ridgewood-area wastewater system currently provides service to 107 customers and serves a population of approximately 150. It is located 40 miles south of Kentucky American Water’s Northern District office in Owenton, Ky.

“Kentucky American Water is pleased with the PSC’s decision to approve this transaction, and we look forward to serving the customers of the Ridgewood area in Franklin County by providing quality, reliable wastewater service,” said Nick Rowe, president of Kentucky American Water and senior vice president for American Water’s Central Division.

“We have been pleased to provide wastewater services to this area of Franklin County and are confident that the wastewater system will be in excellent hands under Kentucky American Water ownership and operation,” said Russell Givens, president and owner of Classic Construction. “Kentucky American Water has a reputation for providing excellent customer service, and we would want nothing less for the customers we have served in the Ridgewood area. We believe this is a great step forward for all involved.”

Kentucky American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately half a million people. The company was recognized as a Best Place to Work in Kentucky in 2014, 2015, and 2016. For more information, visit www.kentuckyamwater.com.

Founded in 1886, American Water (NYSE: AWK) is the largest publicly traded U.S. water and wastewater utility company. Marking its 130th anniversary this year, the company employs more than 6,700 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found at www.amwater.com.

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