California American Water Completes Acquisition of Yerba Buena Water Company

Core Insights - California American Water has completed the acquisition of the Yerba Buena Water Company water system, which serves approximately 250 customers, reflecting its commitment to enhancing water infrastructure and service across California [1][2][3] Company Overview - California American Water is a subsidiary of American Water, providing safe, clean, reliable, and affordable water and wastewater services to around 750,000 people [6] - American Water is the largest regulated water and wastewater utility company in the United States, serving over 14 million people across 14 states and 18 military installations [4] Acquisition Details - The acquisition was approved by the California Public Utilities Commission (CPUC) and marks California American Water's ninth acquisition in the past five years, adding over 13,000 new water and/or wastewater customers since 2020 [1][3] - Customers of Yerba Buena Water Company will receive new account information to facilitate the transition and will benefit from California American Water's customer service features, including an online account management portal [2][3]