American Water Works (AWK) reported that, on November 2, 2026, it filed with Essential Utilities and certain of its affiliates a Stipulation of Settlement in the approval process for the merger between the two companies before the New Jersey utilities regulator (NJBPU). The settlement was entered into with all parties to the proceeding, including the NJBPU technical staff and the state's Division of Rate Counsel.
The document was published on the NJBPU website on November 5, 2026 and is still subject to review and approval by the agency.
The merger was agreed on October 26, 2025. Under the terms, Alpha Merger Sub, a wholly owned subsidiary of American Water, will be merged into Essential Utilities, which will continue to exist as a wholly owned subsidiary of American Water.
