California American Water Acquires the Operating Assets of the Fruitridge Vista Water Company

Dateline City:
SACRAMENTO, Calif.

SACRAMENTO, Calif.--(BUSINESS WIRE)--California American Water acquired the Fruitridge Vista Water Company’s operating assets and has become the new water provider to its approximately 4,800 customers.

The transaction was finalized on February 4th and California American Water assumed operation of the system on that date.

Fruitridge Vista was a Class B Water Utility in south Sacramento County and is regulated by the California Public Utilities Commission. California American Water currently supplies water service to nearly 60,000 homes and businesses in the Sacramento region and nearly 180,000 customers within the State of California. Fruitridge Vista Water Company customers will now be served by California American Water's water treatment and distribution operators who are experts in their fields certified through the California State Water Resources Control Board's Division of Drinking Water. Professionals from the company’s water quality, engineering and finance groups will also lend their expertise.

California American Water staff have been working for the better part of a year to ensure a smooth integration for these new customers. This process includes billing and operational services as well as in-depth assessment and planning for Fruitridge’s most urgent capital investment needs.

"We are pleased to welcome the Fruitridge customers to the California American Water family,” said California American Water President Rich Svindland. "This acquisition will allow Fruitridge Vista customers to take advantage of our excellent conservation and customer service programs. We are also planning on improving the system and make the capital investments this system needs.”

Former Fruitridge Vista customers should now call California American Water customer service center at 888 237-1333 for questions about water service, billing or to report water system emergencies. The company will be sending new customer information packets to each new customer.

About California American Water: California American Water, a subsidiary of American Water (NYSE: AWK), provides high-quality and reliable water and/or wastewater services to more than 690,000 California residents. Information regarding California American Water’s service areas can be found on the company’s website www.californiaamwater.com.

About American Water: With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 7,100 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to more than 14 million people in 46 states. American Water provides safe, clean, affordable and reliable water services to our customers to make sure we keep their lives flowing. For more information, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.

Language:
English
Contact:

Evan Jacobs
Director of Regulatory Policy and Case Management
California American Water
4701 Beloit Drive
Sacramento, CA 95838
Office: (916) 568-4252
Cell: (707) 495-6135
evan.jacobs@amwater.com

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AWK
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NYSE