SAN JOSE, Calif., Jan. 02, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) subsidiaries Hawaii Water Service (Hawaii Water) and New Mexico Water Service (New Mexico Water) have finalized transactions to acquire the assets of HOH Utilities, LLC (HOH Utilities) and Monterey Water Company (Monterey), respectively, and provide service to their customers going forward.
The purchase of HOH Utilities' wastewater system assets on Kauai marks the entry of Hawaii Water onto its fourth island. Located in the growing Poipu and Koloa area, HOH Utilities serves almost 1,800 residential, commercial, and resort customers, including three hotels, condominiums, multi-family housing, single-family homes, and a golf course. With Hawaii Public Utilities Commission approval received in July 2022, Hawaii Water now will both own and operate the wastewater system.
New Mexico Water now owns and operates the Monterey water system, which has become part of New Mexico Water's Rio Del Oro service area in Valencia County. Located less than a half-mile from the Rio Del Oro water system, Monterey served 380 residential customers. About 100 undeveloped lots could also be served in the future upon development. The purchase was approved by the New Mexico Public Regulation Commission in June 2023.
"We look forward to beginning operations on Kauai and expanding service in New Mexico, and are focused on providing excellent service to our customers while protecting the environment around us," said Martin A. Kropelnicki, Group Chairman and CEO. "We appreciate the partnership of HOH Utilities and Monterey Water Company to complete these acquisitions and their trust in us to support their customers and communities."
In addition to its new Kauai customers, Hawaii Water currently provides water, wastewater, and/or recycled water utility services to about 6,200 customers, including a number of large resorts and condominium complexes, on Maui, Oahu, and the Big Island. Beyond its Monterey customers, New Mexico Water serves 10,700 ...