March 29 (Reuters) - Aqua America Inc WTR.N :
* AQUA ANNOUNCES $750 MILLION INVESTMENT FROM CPPIB
* AQUA AMERICA INC - CPPIB WILL ACQUIRE APPROXIMATELY 21.7 MILLION NEWLY ISSUED SHARES OF AQUA'S COMMON STOCK.
* AQUA AMERICA INC - FOLLOWING TRANSACTION'S CLOSING, ONE CPPIB-DESIGNATED NOMINEE, TO BE NAMED AT A LATER DATE, WILL BE APPOINTED TO AQUA'S BOARD
* AQUA AMERICA INC - INVESTMENT IS CONTINGENT UPON, PEOPLES ACQUISITION
* AQUA AMERICA - CPPIB'S INVESTMENT REPRESENTS A SIZABLE COMMITMENT TO PEOPLES ACQUISITION FINANCING