Company: MSEX
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047381
Chunk: 5

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-12
Form: 424B5
Chunk 5
---
 and reliability of the Company’s equipment, facilities and operations; |

| - | the Company’s plans to renew municipal franchises and consents in the territories it serves; |

| - | trends; and |

| - | the availability and quality of our water supply. |

<div align='center'>S-iii</div>

These forward-looking statements
are neither promises nor guarantees of future performance due to a variety of risks and uncertainties, many of which are beyond our control,
which could cause actual results to differ materially from those indicated by these forward-looking statements. Important factors that
could cause actual results to differ materially from anticipated results and outcomes include, but are not limited to:

| - | effects of general economic conditions, including recently announced tariffs; |

| - | increases in competition for growth in non-franchised markets to be potentially served by the Company; |

| - | ability of the Company to adequately control selected operating expenses which are necessary to maintain 
 safe and proper utility services, and which may be beyond the Company’s control;                         |

| - | availability of adequate supplies of quality water; |

| - | actions taken by government regulators, including decisions on rate increase requests; |

| - | new or modified water quality standards and compliance with related legal and regulatory requirements; |

| - | weather variations, including climate variability, and other natural phenomena impacting utility operations; |

| - | financial and operating risks associated with acquisitions and, or privatizations; |

| - | acts of war or terrorism; |

| - | cyber - attacks; |

| - | changes in the pace of new housing development; |

| - | availability and cost of capital resources; |

| - | timely availability of materials and supplies for operations and critical infrastructure projects; |

| - | effectiveness of internal control over financial reporting; and |

| - | other factors discussed elsewhere in our filings with the SEC. |

For an additional discussion
of factors that may affect the Company’s business and results of operations, see the “Risk Factors” sections in this
prospectus supplement and the accompanying prospectus, in our Annual Report on Form 10-K or in other periodic and current reports
we file with the SEC.

Given these uncertainties,
readers should not place undue reliance on our forward-looking statements. These forward-looking statements speak only as of the date
on which the statements were made and are not guarantees of future performance. Except as may be required by applicable law, we do not
undertake to update any forward-looking statements after the date of