Washington Water Service Receives WUTC Approval to Acquire Rainier View 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., March 30, 2020 (GLOBE NEWSWIRE) -- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (NYSE: CWT), has received approval from the Washington Utilities and Transportation Commission to acquire Rainier View Water Company’s (Rainier View Water) water system assets and provide water utility service to its 18,000 service connections. The transaction is expected to close in June 2020. Rainier View Water serves about 35,000 people in parts of Graham, Spanaway, Puyallup, Gig Harbor, and other nearby areas through its 27 water systems. Washington Water has been working with Rainier View Water’s current employees over recent months to complete due diligence and ensure a seamless transition for its customers and employees. Washington Water filed the purchase agreement application in February 2020. “This is an important step in the process, and we appreciate the Washington Utilities and Transportation Commission’s diligence in rev
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- 12/10/24 - Form 4
- CWT's page on the SEC website