Unitil Completes Purchase of Two Affiliate Water Companies
UTL•Unitil finalized on July 1, 2026, the purchase of two affiliate water companies, expanding its regulated water business. The acquisition increases its rate base and customer footprint in its New England service territories, bolstering predictable tariff-based revenues.
1. Acquisition Finalized
Unitil completed the purchase of two affiliate water companies on July 1, 2026, integrating their local water systems into its regulated utility operations. The deal brings the affiliates’ customer accounts and distribution infrastructure under Unitil’s balance sheet.
2. Strategic Impact
By adding these water assets, Unitil expands its regulated rate base and diversifies revenue streams through state-approved tariffs. The transaction is expected to enhance earnings stability and support long-term cash flow growth within its New England service areas.
