For Immediate Release
Aqua America, the second largest U.S. private water company, has announced a plan to purchase Peoples Gas.
In response, Food & Water Watch Western Pennsylvania Outreach Liaison Doug Shields issued the following statement:
“Aqua America’s proposal to buy Peoples Gas is about more than just merging two giant companies. Aqua’s endgame is to wrest control of PWSA, Pittsburgh’s publicly-owned water system. If approved, this deal would be a disaster for Pittsburgh residents. Corporate water utilities charge more than publicly-owned systems, and cut corners in order to maximize profits. What’s worse, companies like Aqua are not as transparent as publicly-owned utilities, and cannot be held accountable by the public.
“Political leaders and regulators in Pennsylvania should say no to this water and gas mega-merger.”