Item 8.01. Other Events. On December 16, 2021, the New York State Department of Public Service ("NYSDPS") issued an order adopting, in all material respects, the terms of the Joint Proposal filed on November 3, 2021 in the NYSDPS acquisition proceeding with respect to the previously disclosed Stock Purchase Agreement, dated November 20, 2019, by and among American Water Works Company, Inc. (the "Company"), the Company's New York subsidiary, and Liberty Utilities (Eastern Water Holdings) Corp. ("Liberty"), an indirect, wholly owned subsidiary of Algonquin Power & Utilities Corp. (the "Stock Purchase Agreement"), pursuant to which Liberty has agreed to purchase all of the capital stock of the Company's New York subsidiary (the "Stock Purchase"). The NYSDPS also authorized the Stock Purchase and the transfer of all of the outstanding capital stock of the Company's New York subsidiary to Liberty. The NYSDPS approval of the Joint Proposal and the authorization of the Stock Purchase and transfer satisfies the final significant remaining condition to the completion of the Stock Purchase. Consequently, the Company intends to complete the transaction on or about January 1, 2022.



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