California Water Service (CWT) Subsidiary, Hawaii Water Service, Completes Acquisition of West Hawaii Utilities
Hawaii Water Service Company, a subsidiary of California Water Service Group (NYSE: CWT), today announced that it has completed its acquisition of West Hawaii Utilities, which provide water and wastewater services to homes, condominiums, hotels, golf courses, and shops at Waikoloa Beach Resort and in Waikoloa Village, both on the Big Island of Hawaii.
The acquisition marks the company's second acquisition in Hawaii this year and increases the regulated customer count in Hawaii from 1,500 to 3,770.
Acquired assets include six wells, three wastewater treatment plants, and approximately 10 miles of water mains. Together the acquired systems produce approximately 5 million gallons of water per day, providing water utility services to 1,970 customer accounts. They also provide wastewater services to 300 customer accounts, treating more than 1 million gallons of wastewater per day.
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii.
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