American Water Works Reports PaPUC Interim Order on Proposed Merger

What Happened
On August 28, 2026, American Water Works Company, Inc. (American Water) filed an 8‑K (Item 7.01, Regulation FD disclosure) reporting that Administrative Law Judges in the Pennsylvania Public Utility Commission (PaPUC) proceeding issued an interim order. The order states that American Water, Essential Utilities, Inc., and certain affiliates reached a non‑unanimous settlement in the PaPUC review of the proposed merger between Essential Utilities and a wholly owned subsidiary of American Water. The non‑unanimous settlement is subject to PaPUC approval.

Key Details

• Filing: Form 8‑K, Item 7.01 (Regulation FD disclosure).
• Date of order: August 28, 2026.
• Parties: American Water Works Company, Inc., Essential Utilities, Inc., and certain affiliates.
• Status: The settlement is non‑unanimous and requires approval by the PaPUC.

Why It Matters
This is a material regulatory update in the approval process for the proposed merger between American Water and Essential Utilities. The interim order confirms parties reached a non‑unanimous settlement in the Pennsylvania proceeding, but PaPUC approval is still required — a key step that will influence the merger’s regulatory timeline and final outcome. Investors should watch for further PaPUC actions and any additional disclosures from the companies about regulatory approvals or changes to the settlement.