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Saturday, February 8, 2014

Loudoun Water Purchases Beaverdam, Goose Creek Reservoirs

Loudoun County:
“Loudoun Water has finalized the purchase of all Loudoun-based drinking water assets from the City of Fairfax. The $30 million purchase includes the Goose Creek Water Treatment Plant, Goose Creek and Beaverdam reservoirs and a pipeline along the W&OD Trail to the Fairfax County line.

Fairfax established its drinking water system in Loudoun County during the late 1950s. Since that time, Fairfax has provided drinking water to Loudoun Water customers through a wholesale water purchase agreement, while sending the majority of drinking water to its customers via a cross-county transmission pipeline. As a result of Loudoun Water's purchase, City of Fairfax residents will be served by Fairfax Water, and Loudoun Water will dedicate the full 11-million-gallon-per-day capacity of the Goose Creek Water Treatment Plant to serving its growing customer base.

‘By purchasing these assets, we seized a strategic opportunity to own our future and have better control over significant operations impacting our customers,’ Loudoun Water General Manager Fred Jennings said in a statement announcing the purchase. ‘The value of owning these assets is only enhanced by their strategic fit with our initiative to establish new drinking water resources along the Potomac River and Goose Creek. This purchase complements our capital programs and provides our customers reliability and sustainability long into the future.’”
~Writes Erika Jacobson Moore of Leesburg Today


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