Mergers and acquisitions in water utilities
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CWT to Buy Nexus Water's Nevada and Oregon Water & Wastewater Systems
ZACKS· 2026-03-02 15:01
Key Takeaways CWT to buy Nexus Water's NV and OR systems for $218M, adding nearly 36,000 connections.Deal, set to close by end-2026, will be funded via working capital and debt and equity facilities.California Water expands as aging infrastructure drives consolidation across U.S. utilities.California Water Service Group (CWT) announced that it has agreed to acquire Nexus Water Group’s Nevada and Oregon water and wastewater systems. These will help the company increase its geographical area, expand its opera ...