ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Middlesex Water Subsidiary Finalizes Pinewood Acres Water System Acquisition

ISELIN, N.J., Jan. 30, 2026 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) today announced that its subsidiary, Tidewater Utilities, Inc. (TUI), has completed the acquisition of the water system assets serving 360 customers in Pinewood Acres in Delaware.

“We are pleased to welcome Pinewood Acres residents into the Tidewater family,” said Bruce E. Patrick, President of TUI. “A smooth and transparent transition for our new Pinewood Acres customers is our top priority. Our team remains dedicated to delivering safe and reliable water service and to continue our long tradition of being strong partners to the communities we serve.”

Approval for the acquisition was granted by the Delaware Public Service Commission, authorizing TUI to become the owner and operator of the Pinewood Acres water utility assets.

“Partnering with Tidewater Utilities allows Pinewood Acres residents to enjoy the continued reliability and long-term performance of the water system with the benefit of consistent regulatory oversight, expanded customer service options, and the expertise of a long-standing Delaware water provider,” said Pinewood Acres Management. “We are confident this transition will help support the community’s long-term water needs.”

Pinewood Acres customers will receive additional information from TUI by mail in the coming weeks. Resources and updates will also be available at www.TUIWater.com.

About Tidewater Utilities, Inc.

Tidewater Utilities, Inc. (“Tidewater”), a wholly owned subsidiary of Middlesex Water Company, is celebrating over 60 years of service to Delawareans. Tidewater is the largest private water supplier south of the Chesapeake & Delaware Canal, operating 172 active wells and 85 water treatment facilities serving approximately 62,000 customers across more than 480 communities in New Castle, Kent, and Sussex counties.

About Middlesex Water Company

Middlesex Water Company (“Middlesex”) (NASDAQ: MSEX) is one of the nation’s leading investor-owned water and wastewater utilities. Founded in 1897, Middlesex provides essential water and wastewater services to more than half a million people in New Jersey and Delaware. The company is committed to operational excellence, superior customer experience, responsible infrastructure investment, and sustainable, strategic growth.

Media Contact:
Brian Hague, Vice President of Communications & Corporate Affairs
bhauge@middlesexwater.com
(732) 638-7549


Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  239.30
-2.43 (-1.01%)
AAPL  259.48
+1.20 (0.46%)
AMD  236.73
-15.45 (-6.13%)
BAC  53.20
+0.12 (0.23%)
GOOG  338.53
-0.13 (-0.04%)
META  716.50
-21.81 (-2.95%)
MSFT  430.29
-3.21 (-0.74%)
NVDA  191.13
-1.38 (-0.72%)
ORCL  164.58
-4.43 (-2.62%)
TSLA  430.41
+13.85 (3.32%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.