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West Virginia-American Water Company, which now owns several water
companies around West Virginia, is requesting permission from the West
Virginia Public Service Commission to sell their concerns to a German-based
company. The total amount for the sale is $7.6 billion, which includes 26
other subsidiaries in 23 states.
Most of the West Virginia water companies were built with taxpayer
money.
American Water has annual revenues of $1.4 billion, and is the largest
publicly traded water company in the country.
The West Virginia PSC will hear citizen's concern, comments or protests on
the sale, PSC case number 01-1691-W-PC at 201 Brooks Street, P. O. Box
812, Charleston WV 25323.
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