Indiana American Water received approval from the Indiana Utility Regulatory Commission for the acquisition of the Silver Creek Water Corporation for $45 million. The closing is expected by mid-November and comes nearly a year after members of the SCWC voted in favor of INAW to become their provider of water service to customers in Clark and Floyd Counties in southern Indiana. Under the agreement, approximately 8,000 water customers will be joining the nearly 1 in 5 Hoosiers currently served by INAW.
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