Iowa American Water Acquires YES! Communities Water Systems
Dateline City:
DAVENPORT, Iowa
850 residents in three manufactured home communities in Davenport become customers
Iowa American Water announced today the company’s acquisition of the
water systems in three YES! Communities manufactured home villages in
Davenport. The acquisition of the water systems adds about 850 customers
to the company’s customer base. Residents in the YES! Communities were
previously supplied water from Iowa American Water through a sale for
re-sale agreement.
“We welcome the residents of our local YES! Communities and look forward
to continuing to provide reliable, high quality water to them. We want
them to know we will work hard every day to provide exceptional customer
service as well,” said Randy Moore, president of Iowa American Water.
“We sincerely appreciate the residents’ cooperation during this
transitional period and encourage them to call us whenever they have any
questions or concerns.”
“The sale of YES! Communities water systems to Iowa American Water is a
step forward for our residents,” said Adam Coe, YES! Communities
regional manager. “With all of the water quality regulations and
challenges water suppliers today must deal with, this sale is the best
long-term, permanent and reliable solution for our residents. Iowa
American Water’s only business is water, so we’re joining with the water
experts.”
Iowa American Water is acquiring the YES! Communities’ water systems for
three of its properties in Davenport, including Five Seasons, Lakewood
Estates and Silver Creek manufactured home communities. In the next few
years, Iowa American Water has plans to invest about $1.8 million to
upgrade water meters in these mobile home villages to radio read meters,
and then, over time, replace water lines as needed within the YES!
Communities’ internal distribution systems.
YES! Communities’ residents can contact Iowa American Water’s Customer
Service Center with any service requests or questions at 1-866-641-2108
during regular business hours from 7 a.m. to 7 p.m. Emergency service is
available 24 hours a day by calling the same number.
About Iowa American Water
Iowa American Water, a subsidiary of American Water Works Company, Inc.
(NYSE: AWK), is the largest investor-owned water utility in the state,
providing high-quality and reliable water services to approximately
200,000 people. American Water is the largest and most geographically
diverse publicly traded U.S. water and wastewater utility company.
Marking its 130th anniversary this year, the company employs 6,700
dedicated professionals who provide regulated and market-based drinking
water, wastewater and other related services to an estimated 15 million
people in 47 states and Ontario, Canada. More information can be found
by visiting www.amwater.com
Language:
English
Contact:
Lisa Reisen
Manager, External Affairs
Lisa.Reisen@amwater.com
563-468-9221
Ticker Slug:
Ticker: AWK Exchange: NYSE
850 residents in three manufactured home communities in Davenport become customers
Iowa American Water announced today the company’s acquisition of the water systems in three YES! Communities manufactured home villages in Davenport. The acquisition of the water systems adds about 850 customers to the company’s customer base. Residents in the YES! Communities were previously supplied water from Iowa American Water through a sale for re-sale agreement.
“We welcome the residents of our local YES! Communities and look forward to continuing to provide reliable, high quality water to them. We want them to know we will work hard every day to provide exceptional customer service as well,” said Randy Moore, president of Iowa American Water. “We sincerely appreciate the residents’ cooperation during this transitional period and encourage them to call us whenever they have any questions or concerns.”
“The sale of YES! Communities water systems to Iowa American Water is a step forward for our residents,” said Adam Coe, YES! Communities regional manager. “With all of the water quality regulations and challenges water suppliers today must deal with, this sale is the best long-term, permanent and reliable solution for our residents. Iowa American Water’s only business is water, so we’re joining with the water experts.”
Iowa American Water is acquiring the YES! Communities’ water systems for three of its properties in Davenport, including Five Seasons, Lakewood Estates and Silver Creek manufactured home communities. In the next few years, Iowa American Water has plans to invest about $1.8 million to upgrade water meters in these mobile home villages to radio read meters, and then, over time, replace water lines as needed within the YES! Communities’ internal distribution systems.
YES! Communities’ residents can contact Iowa American Water’s Customer Service Center with any service requests or questions at 1-866-641-2108 during regular business hours from 7 a.m. to 7 p.m. Emergency service is available 24 hours a day by calling the same number.
About Iowa American Water
Iowa American Water, a subsidiary of American Water Works Company, Inc. (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water services to approximately 200,000 people. American Water is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. Marking its 130th anniversary this year, the company employs 6,700 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found by visiting www.amwater.com
Lisa Reisen
Manager, External Affairs
Lisa.Reisen@amwater.com
563-468-9221