California Water Service Group Subsidiaries to Acquire Local Water Companies
(WorldNews Business)

SAN JOSE, Calif., April 02, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) announced today that its Washington subsidiary closed an acquisition and that its New Mexico subsidiary has entered into a purchase agreement. Washington Water Service (Washington Water) closed its purchase of the Greenwood Estates water system on March 31, with approval by the Washington Utilities and Transportation Commission. Sister utility New Mexico Water Service (New Mexico Water) has entered into a purchase agreement with Valencia Mesa Water Company (Valencia Mesa), pending approval by the New Mexico Public Regulation Commission, and subject to the completion of diligence and...