American Water Works (AWK) announced that its subsidiary, New Jersey American Water, completed its acquisition of the water and wastewater systems of the City of Salem, N.J., for $18 million.On May 22, 2024, the New Jersey Board of Public Utilities approved the municipal consent allowing New Jersey American Water to provide services to Salem City customers following the closing of the transaction. These former municipally owned systems serve more than 2,300 water and 2,300 wastewater customers.Per the agree ...