California American Water Acquires Oxbow Marina Mutual Water Company

SACRAMENTO, Calif.--(BUSINESS WIRE)--California American Water today announced the closing of its acquisition of the Oxbow Marina Mutual Water Company in Sacramento. Under the terms of an agreement approved by the California Public Utilities Commission, California American Water will be providing its newly welcomed customers with state-regulated potable water service beginning July 18, 2017. The Oxbow Marina system is located one mile from the Sacramento District’s Isleton system.

Oxbow Marina, a large deluxe marina with boat slips and waterfront homes, is located on Georgiana Slough, which is a scenic waterway connecting the Sacramento River to the Mokelumne River near Walnut Grove and Highway 12. Historic difficulty complying with state and federal water standards has placed Oxbow under a requirement to upgrade its antiquated water system. The system will now be connected to California American Water’s system to improve drinking water quality and provide greater system reliability.

“Oxbow Mutual Marina Water Company looks forward to working with California American Water to provide our customers an improved water source with the planned pipeline connection to their excellent water filtration plant in Isleton,” said Kimberly Korth, president of the Oxbow Marina Mutual Water Company and co-owner of Oxbow Marina.

Oxbow’s historic water supply exceeded state and federal maximum contaminate levels for arsenic. California American Water, Oxbow, and the California State Water Resources Control Board Division of Financial Assistance worked together to complete grant-funded improvements that tie the Oxbow water system to California American Water’s Isleton system. Now that the systems are connected, water treated at California American Water’s Isleton arsenic treatment plant will become Oxbow’s new potable source.

“California American Water looks forward to welcoming our new Oxbow customers and introducing them to our conservation programs including rebates, free services and devices. This is truly a win-win as the new customers will enjoy improved water quality,” said Director of Northern California Operations Audie Foster. “We are currently working to ensure a seamless transition to provide our new customers with safe and reliable water services at a reasonable rate.”

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 6,700 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.