
















From the Aquarion website: "On February 24, 2006, Macquarie Bank Limited of Australia and the U.K.-based Kelda Group plc announced that Macquarie and an affiliate entity will acquire Aquarion Company for $860 million. The acquisition includes the Aquarion Water Companies servicing Connecticut, Massachusetts, New Hampshire and New York as well as the Safety Valve water service line protection business. Macquarie is committed to pursuing new and existing strategic initiatives with current management and staff to further drive customer satisfaction, continue to focus on product quality and operational efficiency, and continually improve Aquarion over time, including by the way of capital investment. Although the acquisition is subject to regulatory approval, including from the Public Utility Commissions in Connecticut, New York and New Hampshire, closing of the transaction is expected to occur during the fourth quarter of 2006..". Kelda Group's website expresses it this way...







