S&P Global Retains A+/Stable Rating for California Water Service

Core Insights - California Water Service Group has received an A+/Stable credit rating from S&P Global for its largest subsidiary, California Water Service (Cal Water), indicating an "excellent" business risk rating and "intermediate" financial risk rating [1] - The Chairman & CEO, Martin A. Kropelnicki, expressed satisfaction with the rating, highlighting it as validation of Cal Water's strong balance sheet, fiscal discipline, and credit metrics, which enable responsible infrastructure investments [1] Company Overview - California Water Service Group is the parent company of several regulated utilities, including California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and Texas Water Service, collectively serving over 2.1 million people across multiple states [2] - The company's common stock is traded on the New York Stock Exchange under the symbol "CWT" [2]