California Water Service Group Completes Purchase of Kings Mountain Park Mutual Water Company
California Water Service Group (CWT)
Last california water service group earnings: 4/30 09:00 am
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US:NYSE Investor Relations:
ir.calwatergroup.com
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Source: GlobeNewswire
SAN JOSE, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), has finalized the acquisition of Kings Mountain Park Mutual Water Company’s (Kings Mountain) water system assets. Cal Water’s Bear Gulch District, which has provided water in recent years to Kings Mountain through a system interconnection, will now provide water utility services directly to Kings Mountain customers. The Bear Gulch District already serves about 61,000 people through approximately 19,000 service connections in Portola Valley, Woodside, Atherton, and portions of Menlo Park, Redwood City, and San Mateo County. Because the Kings Mountain system is adjacent to two other portions of the Bear Gulch District, joining the systems together is expected to enhance water supply reliability and firefighting capabilities. Cal Water plans to invest in Kings Mountain’s water infrastructure to help it remain safe and reliable
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News
- Is California Water Service Group's (NYSE:CWT) Recent Price Movement Underpinned By Its Weak Fundamentals? [Yahoo! Finance]Yahoo! Finance
- California Water (CWT) Acquires Kings Mountain's Water System [Yahoo! Finance]Yahoo! Finance
- California Water Service Group Completes Purchase of Kings Mountain Park Mutual Water Company [Yahoo! Finance]Yahoo! Finance
- California Water Service Group Bolsters Environmental, Social, and Governance Program, Reaffirms Commitment to Safe and Reliable Water Supply for Communities [Yahoo! Finance]Yahoo! Finance
- California Water Service Group Bolsters Environmental, Social, and Governance Program, Reaffirms Commitment to Safe and Reliable Water Supply for CommunitiesGlobeNewswire
CWT
Earnings
- 4/25/24 - Beat
CWT
Sec Filings
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- CWT's page on the SEC website