Item. 8.01. Other Events

On January 14, 2022, Middlesex Water Company (NASDAQ:MSEX) completed the sale of its regulated Delaware wastewater utility business to Artesian Wastewater Management, Inc. (Artesian) for $6.4 million in cash and other consideration. Artesian purchased all of the stock of Tidewater Environmental Services, Inc. (TESI), a Middlesex wholly-owned subsidiary, which serves approximately 3,600 retail wastewater customers in Sussex County, Delaware. For 2021, TESI operating revenues and operating income were approximately $2.8 million and $0.2 million, respectively.

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