Deal Snapshot
SJW Group´s Texas Subsidiary to Acquire KT Water, KT Water Resources
Tuesday 24 January 2023

California, US-based water utility operator SJW Group's (NYSE: SJW) Texas subsidiary, SJWTX Inc., which does business as Canyon Lake Water Service Company, has reached agreements to acquire KT Water Development Ltd and KT Water Resources L.P., which are both located in Comal County, Texas, the company said.

The pending acquisitions will add more than 550 customers and a 50% increase in the total available system-wide water supply for current customer needs and future growth.

Date Published: 24/01/2023