Aqua America

Sarah Kovash / 90.5 WESA

Mayor Bill Peduto worries Aqua America may still try to purchase the Pittsburgh Water and Sewer Authority, a concern he addressed to the Pennsylvania Public Utility Commission, or PUC, last week.

Matt Rourke / AP

Aqua America has regularly backed dozens of Pennsylvania political candidates financially since 2005. The company has spent $153,750 on contributions to state and local candidates this year alone, according to the Center for Responsive Politics. Last week, the company announced it would purchase Peoples Gas for $4.3 billion.

Both companies have been eyeing the struggling Pittsburgh Water and Sewer Authority, and have expressed interest in providing water to the city.

Peoples Natural Gas

Aqua America Inc., a Bryn Mawr, Pa. headquarted water utility company, has announced it will buy Peoples Gas and its subsidiaries in a $4.3 billion all-cash deal. 

According to a press release, the resulting company will serve one million water utility customer connections and more than 740,000 gas customer connections.

As part of the deal, Aqua will assume about $1.3 billion of Peoples' debt.

Margaret J. Krauss / 90.5 WESA

In an informational session at Pittsburgh City Council Thursday, three invited panelists answered members’ questions about privatization and public-private partnerships as they pertain to Pittsburgh Water and Sewer Authority.