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Stock impact report

California Water Service Group Expanding Investment and Operations in Texas [Yahoo! Finance]

California Water Service Group (CWT) 
Last california water service group earnings: 4/30 09:00 am Check Earnings Report
US:NYSE Investor Relations: ir.calwatergroup.com
Company Research Source: Yahoo! Finance
Holding Company LLC (BVRT) through its subsidiary, TWSC, Inc. (Texas Water), has entered into an agreement to purchase the remaining membership interests of BVRT and become the sole owner of its seven subsidiary water and wastewater utilities in the Austin-San Antonio corridor. At the same time, BVRT has continued to expand its Texas footprint through opportunities to build and enhance water and wastewater infrastructure in the area. Group expects to file a change of control application with the Public Utilities Commission of Texas (PUCT) soon to acquire the remaining BVRT membership interests. Texas Water's acquisition of the remaining membership interests is subject to satisfaction of customary terms and conditions in addition to PUCT and Group Board approval. Separately, the PUCT has granted BVRT subsidiary Camino Real Utility Company LLC (Camino Real) a water certificate of convenience and necessity, forming a water utility that can serve future customer connections within nea Show less Read more
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