Company: MSEX
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047381
Chunk: 7

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-12
Form: 424B5
Chunk 7
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 in, or that can be accessed through, our website is incorporated by reference into this prospectus, and no such information
should be considered a part of this prospectus. We make available, free of charge through our website, reports and amendments filed or
furnished pursuant to Section 13(a) or 15(d) of Exchange Act after such material is electronically filed with or furnished
to the SEC.

Middlesex System

The Middlesex System provides
water services to approximately 61,000 retail customers, primarily in eastern Middlesex County, New Jersey and under wholesale contracts
to the City of Rahway, Townships of Edison and Marlboro, the Borough of Highland Park and the Old Bridge Municipal Utilities Authority.
The Middlesex System treats, stores and distributes water for residential, commercial, industrial and fire protection purposes. The Middlesex
System also provides water treatment and pumping services to the Township of East Brunswick under 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.

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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.

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