SAN JOSE, Calif., July 23, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—As part of its mission to provide sustainable water utility services, California Water Service (Cal Water) has signed a 20-year power purchase agreement with EDPR NA Distributed Generation LLC (EDPR NA DG) for a 2.35-megawatt direct current (MWdc) / 1.75-megawatt alternating current (MWac) solar photovoltaic array to be installed at Cal Water’s Northeast Bakersfield Treatment Plant. The partnership between Cal Water, the largest subsidiary of C ...

Power Purchase Agreement Expected to Generate 3,800 Megawatt-Hours Annually for Bakersfield Treatment PlantSAN JOSE, Calif., July 23, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—As part of its mission to provide sustainable water utility services, California Water Service (Cal Water) has signed a 20-year power purchase agreement with EDPR NA Distributed Generation LLC (EDPR NA DG) for a 2.35-megawatt direct current (MWdc) / 1.75-megawatt alternating current (MWac) solar photovoltaic array to be installed at Cal Wa ...

Group 1 - Middlesex Water Company has appointed Nadine Leslie as Chair of the Board, succeeding Dennis W. Doll after his 20-year tenure [1][2] - Amy Mansue has been named as the Lead Independent Director to enhance the Board's independence and governance oversight [2] - Nadine Leslie has over 30 years of leadership experience in the regulated utility industry and previously served as CEO of SUEZ North America [2] Group 2 - Middlesex Water Company is a premier investor-owned water and wastewater utility, serving over half a million people in New Jersey and Delaware [4] - The company emphasizes employee engagement, operational excellence, superior customer experience, and sustainable growth to deliver value [4]

Core Points - California Water Service (Cal Water) has organized field trips for over 400 students across California to educate them about the importance of water conservation and its role in the ecosystem [1][2] - The initiative, Aqua Adventures, is part of Cal Water's conservation education program "Tap Into Learning," which has been running for 11 years and offers various educational opportunities for students [2][4] - Cal Water also provides $250 Water Smart Grants for teachers to propose water-related classroom projects, promoting further engagement in water conservation education [4] Company Overview - California Water Service provides reliable water utility services to more than 2.1 million people through 499,400 service connections [5] - The company focuses on enhancing the quality of life for customers and communities by investing in water and wastewater infrastructure and sustainability initiatives [5] - Cal Water has received recognition as one of "America's Most Responsible Companies" and "World's Most Trustworthy Companies" by Newsweek, highlighting its commitment to integrity and community well-being [5]

Northwest Natural Company (NWN) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Nikki Sparley - Director of Investor RelationsJustin Palfreyman - President & CEORaymond Kaszuba - SVP & CFO Conference Call Participants None - Analyst Operator Thank you all for standing by for the North West Natural Holdings Company's First Quarter twenty twenty five Earnings Call. Today's call will be starting in around four minutes' time. Thank you for standing by. And if you do wish to remove it, you ca ...

Financial Performance - Revenue increased by 12% to $167.6 million in 1Q 2025 compared to $149.4 million in 1Q 2024[22] - GAAP Net Income increased by 41% to $16.6 million in 1Q 2025 compared to $11.7 million in 1Q 2024[22] - Adjusted Net Income increased by 43% to $16.7 million in 1Q 2025 compared to $11.7 million in 1Q 2024[22] - Diluted EPS increased by 36% to $0.49 in 1Q 2025 compared to $0.36 in 1Q 2024[22] - Adjusted Diluted EPS increased by 39% to $0.50 in 1Q 2025 compared to $0.36 in 1Q 2024[22] Guidance and Targets - The company affirms its 2025 Adjusted Diluted EPS guidance range of $2.90 to $3.00[19] - The company affirms its growth rate through 2029 in the top half of the guidance range of 5% to 7% based on 2022 EPS of $2.43[19] - The company anticipates a $2 billion 5-year Capital Expenditure (CapEx) plan[15,37] Capital Expenditure and Financing - $78 million was invested in water and wastewater utility infrastructure in 1Q 2025[13] - Approximately $27 million in gross equity proceeds were raised at the market to fund growth and capital investment in 1Q 2025[34] Regulatory Updates - San Jose Water's 2025 to 2027 general rate case was delivered on time, effective January 1[13] - Connecticut Water's Water Infrastructure and Conservation Adjustment (WICA) was approved, resulting in an annualized revenue increase of $1.6 million, a cumulative WICA of 4.9%[13,43]