California American Water Signs Agreement to Purchase Yerba Buena Water Company’s Assets
2024年7月31日 - 5:13AM
ビジネスワイヤ(英語)
California American Water has entered into an agreement to
acquire Yerba Buena Water Company’s water distribution system,
which serves approximately 249 customer connections in
unincorporated Ventura County. The Yerba Buena water system is
located approximately 34 miles from California American Water’s
Ventura District operations center in Newbury Park, California.
“We are looking forward to being the new water provider to Yerba
Buena’s customers,” said California American Water President Kevin
Tilden. “Our talented team of experienced experts will support
customers with robust conservation programs, a 24-hour emergency
call center, ratepayer assistance programs as well as many other
benefits in the coming years.”
California American Water serves approximately 28,000 customer
connections in the Ventura County communities of Thousand Oaks,
Newbury Park, Camarillo, El Rio and Piru.
“When we made the decision to sell, we wanted to ensure the
operations were handed over to an outfit that could provide the
same great level of service our customers have come to expect,”
said Richard Morris, Chairman of the Board of Directors of Yerba
Buena Water Company. “We are confident that we have found that
company in California American Water.”
About American Water
American Water (NYSE: AWK) is the largest regulated water and
wastewater utility company in the United States. With a history
dating back to 1886, We Keep Life Flowing® by providing safe,
clean, reliable and affordable drinking water and wastewater
services to more than 14 million people with regulated operations
in 14 states and on 18 military installations. American Water’s
6,500 talented professionals leverage their significant expertise
and the company’s national size and scale to achieve excellent
outcomes for the benefit of customers, employees, investors and
other stakeholders.
For more information, visit amwater.com and join American Water
on LinkedIn, Facebook, X and Instagram.
About California American Water
California American Water, a subsidiary of American Water,
provides high-quality and reliable water and wastewater services to
approximately 700,000 people. For more information, visit
www.californiaamwater.com and follow California American Water on
LinkedIn, Facebook, X, and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20240730349458/en/
Media Evan Jacobs Senior Director, Business Development,
Communications & External Affairs California American Water
Evan.Jacobs@amwater.com
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