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H2O America more than Doubles Texas Wastewater Connections with Texas Subsidiary’s Acquisition of Cibolo Valley assets from South Central Water Company
Globenewswire· 2025-08-27 13:30
Core Viewpoint - H2O America is expanding its wastewater service connections in Texas through the acquisition of South Central Water Company, which will significantly enhance its operational footprint and efficiency in the region [1][2]. Group 1: Acquisition Details - H2O America’s Texas Water Company (TWC) will acquire the Cibolo Valley wastewater treatment plant and associated collection systems from South Central Water Company, adding over 1,500 new wastewater connections to TWC's existing base of approximately 1,200 connections [1][2]. - The Cibolo Valley wastewater system has more than 250 wastewater connections under contract and pending construction, further increasing TWC's service capacity [1]. - This acquisition is expected to be filed with the Public Utilities Commission of Texas in Q3 2025, with a closing anticipated in Q4 2026 [2]. Group 2: Strategic Importance - The acquisition represents a substantial expansion of owned wastewater connections, more than doubling connections within Texas and increasing total connections across H2O America by over 35% [2]. - TWC has been providing billing services to SCW, indicating a seamless transition for customers and enhanced operational efficiency [2]. Group 3: Company Background - H2O America operates a national network of local water and wastewater utilities, serving approximately 407,000 service connections and focusing on sustainable infrastructure investments [6]. - Texas Water Company has been providing reliable water and wastewater services since 2006, emphasizing public health and environmental stewardship [4]. - South Central Water Company has built over 800 wastewater treatment plants in Texas and has a robust pipeline of projects to serve over 70,000 customers [5].