California American Water Enters Contract to Purchase Hillview Water Company

Dateline City:
SACRAMENTO, Calif.

California American Water looks to begin ownership in 2018

SACRAMENTO, Calif.--(BUSINESS WIRE)--California American Water has entered into a Purchase Agreement to acquire the operating assets of Hillview Water Company and assume the provision of water service within the Hillview Water Company service area between Oakhurst and Raymond, Calif.

Hillview Water Company, which consists of approximately 1,500 metered customer connections, is located 67 miles from California American Water’s Meadowbrook service area in Merced, Calif. The purchase of the system in combination with the Meadowbrook service area will double California American Water’s customer base in the Central Valley to more than 3,100 customers.

California American Water currently supplies water service to nearly 600,000 Californians, about one-third of which are in the Central Valley. Hillview Water Company customers will be served by the company’s water treatment and distribution operators who are experts in their fields and are certified through the California Division of Drinking Water.

As part of the acquisition, Hillview Water Company customers will have access to California American Water’s customer-friendly services such as a low-income discount program and web self-service that includes paperless billing. California American Water also provides conservation programs designed to help customers cut water use and features free conservation tools as well as free water-wise house calls.

“As a result of this acquisition, many of the Hillview Water Company customers will have access to our various services such as our ambitious conservation program, paperless billing and web self-service portal,” said Audie Foster, Director of Northern California Operations for California American Water. “I am looking forward to meeting our new customers from Hillview Water Company and welcoming them to our services.”

California American Water, a subsidiary of American Water (NYSE: AWK), provides high-quality and reliable water and/or wastewater services to more than 660,000 people.

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 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found by visiting www.amwater.com.

Language:
English
Contact:

California American Water
Evan Jacobs, 916-568-4252
Mobile: 707-495-6135
evan.jacobs@amwater.com

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