Sugar Land, TX. – (June 1, 2026) – Nexus Water Group, Inc. (“Nexus Water”) today, June 1, 2026, closed on the sale of operations and assets in eight states: Illinois, Indiana, Kentucky, Maryland, New Jersey, Pennsylvania, Tennessee and Virginia. American Water purchased the systems for approximately $315 million. 

The closing follows regulatory approvals by the respective state public utility commissions, as well as customary approvals from governmental entities, finalized on May 21, 2026.  

Nexus Water President and CEO Rob MacLean said, “Nexus Water is committed to driving value in the local communities we support every day. We are also focused on delivering solutions for meaningful, strategic growth. With our new, focused footprint, we are well-positioned to build on our competitive edge in the water and wastewater industry.” 

Approximately 70 employees will be joining the American Water team, continuing to serve their customers in these service areas. The companies worked together prior to closing to help ensure a smooth transition for employees and customers.  

About Nexus Water Group, Inc.: Nexus Water Group is a regulated, private water and wastewater utility with local operations across North America. Through infrastructure investment and operational excellence, Nexus Water Group safeguards natural resources for today and future generations. For more information about Nexus Water Group, please visit Nexus Water Group.

Media Contact: Karen Cotton, VP, Communications and Public Relations