List of 55 Pennsylvania-based Utilities Companies

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Pennsylvania American Water Co. Private Hershey, Pennsylvania, United States website	Utilities	-	16	16	-
UGI NYSE : UGI King of Prussia, Pennsylvania, United States website	Utilities	7,210	9	8	1
PPL NYSE : PPL Allentown, Pennsylvania, United States website	Utilities	8,462	9	5	4
Essential Utilities Acquired American Water 2025-10-27 Bryn Mawr, Pennsylvania, United States website	Utilities	2,086	6	5	1
Aqua North Carolina, Inc. Private Lower Merion,, Pennsylvania, United States	Utilities	-	3	3	-
Aqua Pennsylvania, Inc. Private Lower Merion,, Pennsylvania, United States	Utilities	-	3	3	-
Talen Energy PE Backed Riverstone Holdings 2016-06-03 $5.2B Allentown, Pennsylvania, United States website	Utilities	4,481	14	3	11
Aquatech PE Backed Cerberus Capital Management 2025-04-03 Canonsburg, Pennsylvania, United States website	Utilities	-	2	2	-
Peoples Natural Gas Co. Acquired Essential Utilities 2018-10-23 $4.275B Pittsburgh, Pennsylvania, United States website	Utilities	-	2	2	-
PPL Generation LLC Private Allentown, Pennsylvania, United States	Utilities	-	2	2	-
UGI Utilities, Inc. Private Reading, Pennsylvania, United States website	Utilities	-	2	2	-
AmeriGas Propane, L.P. Private King of Prussia,, Pennsylvania, United States	Utilities	-	1	1	-
Corona Power LLC Private Shamokin Dam, Pennsylvania, United States	Utilities	-	1	1	-
Severn Trent Services, Inc. Acquired ALS 2013-02-08 Fort Washington, Pennsylvania, United States website	Utilities	-	1	1	-
The Saxonburg Area Authority Private Saxonburg, Pennsylvania, United States website	Utilities	-	1	-	1
Morgantown Energy Associates Acquired Vicinity Energy 2020-07-07 Monongahela, Pennsylvania, United States	Utilities	-	-	-	-

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