California Water Service's (CWT) Hawaii Water Service to Acquire HOH Utilities Company

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Hawaii Water Service to Acquire HOH Utilities Company

June 11, 2021 8:45 AM EDT

WAIKOLOA, Hawaii, June 11, 2021 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (NYSE: CWT), announced today that it has signed an agreement to acquire the assets of HOH Utilities Company, a wastewater utility located in the growing Poipu/Koloa area of Kauai County on the island of Kauai. The acquisition is subject to satisfaction of customary closing conditions, including approval by the Hawaii Public Utilities Commission (HPUC).

As part of the purchase from Mr. Ian Kagimoto, Hawaii Water will own and manage the wastewater utility, which currently serves almost... More