Aqua America Announces Election of New Director

May 6, 2016

Carolyn J. Burke, executive vice president, Business Operations and Systems at Dynegy, Inc.

BRYN MAWR, Pa.--(BUSINESS WIRE)-- Aqua America, Inc. (NYSE:WTR) announced today that its shareholders have elected Carolyn J. Burke, executive vice president, business operations and systems at Dynegy, Inc., as a director.

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Carolyn Burke (Photo: Business Wire)

Carolyn Burke (Photo: Business Wire)

Burke has overall responsibility for supply chain, safety, environmental compliance, information technology, construction and engineering, and outage services at Dynegy.

Aqua America President and CEO Christopher Franklin said Burke's powerful combination of large energy operations experience and financial expertise will benefit customers, employees and shareholders.

"Carolyn understands utility operations and the importance of maintaining and improving critical infrastructure to deliver reliable service," he said. "And her experience in integrating acquisitions will help us more effectively transition new customers into the Aqua family as we more efficiently assume new operating systems."

At Dynegy, Burke also serves as chief integration officer with responsibility for integration activities, most recently for Dynegy's $6 billionEquiPower Corp. and Duke merchant portfolio acquisitions. Burke also oversees the company's continuous margin and process improvement program. Dynegy generates reliable, environmentally responsible and affordable energy in the Midwest, Northeast and West Coast. Dynegy's 35 power stations can generate 26,000 megawatts (26 GW) of electricity - enough to power about 21 million homes. The company also serves residential, municipal, and industrial customers through its retail businesses in Illinois, Ohio and Pennsylvania.

Previously, Burke served as Dynegy's chief administrative officer and oversaw corporate functions including communications, human resources, information technology, investor relations and regulatory affairs. Before joining Dynegy, Burke was global controller for J. P. Morgan's Global Commodities business. She was also NRG Energy's vice president and corporate controller from 2006 to 2008, and, earlier, she was executive director of planning and analysis. Early in her career, Burke held various key financial roles at Yale University, the University of Pennsylvania, and Atlantic Richfield Company (now British Petroleum).

Burke holds a bachelor's degree in economics and political science from Wellesley College and earned her Master of Business Administration at the University of Chicago's Booth School of Business.

Aqua America is one of the largest U.S.-based, publicly traded water utilities and serves nearly 3 million people in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. Aqua America is listed on the New York Stock Exchange under the ticker symbol WTR. Visit AquaAmerica.com for more information.

WTRF

Aqua America, Inc.
Gretchen Toner
O: 610-645-1175
M: 484-368-4816
GMToner@AquaAmerica.com

Source: Aqua America, Inc.

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