Citizens Energy Group and CWA Authority Joint Meeting Minutes August 2025
Citizens Water Approves $37M Whitestown Water Utility Acquisition
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Description
Citizens Water will acquire Whitestown’s water utility system for $37 million, with Citizens Water Resources Whitestown LLC formed to complete the purchase and a lease-back agreement approved for system operations.
Contract Details
Contract Amount
$37,000,000
Vendor
TOWN OF WHITESTOWN INDIANA
Agency
Citizens Energy Group, IN
Contract Type
OTHER
Document Date
August 20, 2025
Contract Term
Perpetual (Asset Purchase Agreement, Lease to Citizens Water to follow)
Renewal Info
Transaction contingent on IURC approval. Lease agreement to follow asset transfer and may require annual or upfront payments as stipulated.
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Citizens Energy Group and CWA Authority Joint Meeting Minutes August 2025
Citizens Energy Group and CWA Authority Joint Meeting Minutes August 2025
Citizens Energy Group and CWA Authority Joint Meeting Minutes August 2025
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