California American Water Finalizes Acquisition of Yerba Buena Water Company, Enhancing Local Water Services

California American Water Completes Yerba Buena Acquisition



California American Water has officially completed the acquisition of the Yerba Buena Water Company's water system, serving around 250 customers in the region. This acquisition comes after approval from the California Public Utilities Commission (CPUC) and is part of the company's strategy to strengthen water infrastructure across California.

Richard Morris, the Chairman of the Board at Yerba Buena Water Company, expressed optimism about the transformation this partnership promises. He stated, "This agreement is a positive step for our community. By partnering with California American Water, we're ensuring the expertise and investment needed to maintain and improve our water system for years to come. Our customers will benefit from enhanced service and infrastructure improvements."

Effective immediately, California American Water will take over the water service responsibilities for the Yerba Buena customers. To streamline the transition, these customers will receive updated account information via mail shortly. They can expect enhanced service options, particularly through California American Water's customer service features, including the user-friendly online portal, MyWater.

Sarah Leeper, President of California American Water, highlighted the company's commitment to customer satisfaction during this process. She remarked, "We're excited to welcome Yerba Buena Water Company customers to California American Water. Our team is committed to help ensure a smooth transition and provide safe, clean, and reliable water service as well as high-quality customer care that our customers expect and deserve."

The transition not only signifies improved service but also marks California American Water's ninth acquisition in the past five years, indicating its robust growth strategy. Since 2020, the company has added over 13,000 new water and wastewater customers, emphasizing its focus on expanding its footprint in the region.

Founded in 1886, American Water, the parent company of California American Water, remains the largest regulated water and wastewater utility provider in the U.S., serving approximately 14 million people across 14 states. Their mission, As stated in their motto, is to "Keep Life Flowing®" by ensuring the availability of safe, clean, and reliable water services.

California American Water provides services to around 750,000 residents, further underscoring its vital role in ensuring water quality and availability in the communities it serves. This acquisition not only enhances the service quality but also reflects a broader commitment towards sustainable and resilient water infrastructure. For more information, residents can visit the dedicated webpage for the Yerba Buena Water Company at californiaamwater.com/yerbabuena or connect with California American Water on various social media platforms for updates.

With this strategic acquisition, California American Water is poised to improve water accessibility and quality for its latest customer base, continuing its reputation as a leader in water utility services in the state. As the region looks towards the future, residents can feel confident in the disbursement of these crucial resources, backed by a team renowned for reliability and service excellence.

Topics Consumer Products & Retail)

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