Company: MSEX
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047381
Chunk: 27

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-12
Form: 424B5
Chunk 27
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 contract. The amount of water supply
allocated to the Township of East Brunswick is granted directly to the Township by the New Jersey Water Supply Authority. The Middlesex
System produced approximately 67% of our 2024 consolidated operating revenues.

The Middlesex System’s
retail customers are located in an area of approximately 55 square miles in Woodbridge Township, the City of South Amboy, the Boroughs
of Metuchen and Carteret, portions of the Township of Edison and the Borough of South Plainfield, all in Middlesex County and a portion
of the Township of Clark in Union County. Retail customers include a mix of residential customers, large industrial concerns and commercial
and light industrial facilities. These customers are located in generally well-developed areas of central New Jersey.

The contract customers of the Middlesex System comprise an area of approximately 110 square miles with a population of over 200,000.
Contract sales to the Townships of Edison and Marlboro, the City of Rahway and the Old Bridge Municipal Utilities Authority are supplemental
to the water systems owned and operated by these customers. Middlesex is the primary source of water for the Borough of Highland Park
and the Township of East Brunswick.

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Tidewater System

Tidewater,
together with its wholly-owned subsidiary, Southern Shores, provides water services to approximately 62,000 retail customers for residential,
commercial and fire protection purposes in over 480 separate communities in New Castle, Kent and Sussex Counties, Delaware. The Tidewater
System produced approximately 24% of our 2024 consolidated operating revenues.

USA-PA

USA-PA
operates the City of Perth Amboy, New Jersey’s (Perth Amboy) water and wastewater systems under a ten-year agreement, which expires
in December 2028. In addition to performing day-to day operations, USA-PA is also responsible for emergency responses and management
of capital projects funded by Perth Amboy. USA-PA produced approximately 3% of our 2024 consolidated operating revenues.

Pinelands Systems

Pinelands
Water provides water services to approximately 2,500 residential customers in Burlington County, New Jersey. Pinelands Water is not physically
interconnected with the Middlesex System. Pinelands Water produced approximately 1% of our 2024 consolidated operating revenues.

Pinelands
Wastewater provides wastewater collection and treatment services to approximately 2,500 residential customers and one municipal wastewater
system in Burlington County, New