Core Viewpoint - Global Water Resources, Inc. has successfully acquired seven water systems from Tucson Water, enhancing its service area and customer base in Pima County, with an expected annual revenue of approximately $1.5 million from this acquisition [1][2]. Group 1: Acquisition Details - The acquisition was valued at approximately 1.05 times the current rate base of about $7.7 million [1]. - The newly acquired systems serve around 2,200 water service connections, increasing Global Water's total customer base in Pima County to approximately 7,200 [2]. - This acquisition is part of a broader strategy of utility consolidation and expansion in the region, with nearly 5,000 customers added from previous acquisitions over the last five years [2]. Group 2: Integration and Modernization Plans - The company plans to integrate the acquired water systems into its existing operations, leveraging their strategic location for efficient management and maintenance [3]. - Global Water will modernize the systems by installing an automated meter infrastructure (AMI), which includes upgrading to smart meters for wireless usage metering [4][5]. - The AMI deployment is expected to enhance water service quality, promote conservation, and potentially lead to customer savings [6]. Group 3: Rate Strategy - As part of the acquisition, Global Water will adopt Tucson Water's rates for the new systems, with a scheduled five percent rate increase set for July 2026 [7]. - The company is developing a broader rate case strategy for these systems, aiming to implement rate structures that encourage conservation and ensure a reasonable return on capital investments [7]. Group 4: Company Overview - Global Water Resources operates 39 systems providing water, wastewater, and recycled water services, primarily in growth corridors around metropolitan Phoenix and Tucson [8]. - The company has recycled over 1 billion gallons of water annually, totaling 18.1 billion gallons since 2004 [8]. - Global Water has been recognized for its effective Total Water Management (TWM) approach, which integrates water cycle management to maximize the beneficial use of recycled water [9].