California Water to Buy Casa Loma & Palm Mutual Water Utility Assets

California Water Service Group (CWT) subsidiary, California Water Service (Cal Water) has signed agreements with Casa Loma Water Company and Palm Mutual Water Company to acquire both systems’ water utility assets.Both acquisitions are subject to satisfactory closing conditions and approval by the California Public Utilities Commission. Cal Water intends to file a Tier 2 Advice Letter requesting the adoption of existing Cal Water rates for the new customers.Key Details of the AgreementCasa Loma provides serv ...