California Water Service Completes Acquisition Of Palm Mutual Water Company
California Water Service completed its acquisition of Palm Mutual Water Company following approval by the California Public Utilities Commission. The transaction adds 63 residential connections serving approximately 250 residents to Cal Water's Bakersfield District, which already serves about 445,600 people.
Key figures
- Total connections
- 500000
- Acquired residents
- 250
- Acquired connections
- 63
- Total residents served
- 2.1 million
- Bakersfield district residents
- 445600
- Bakersfield district connections
- 120000
AI analysis
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