Texas Water Company Files Application To Acquire 3009 Water Company

Source: www.gulfoilandgas.com 2/21/2024, Location: North America

The Texas Water Company (TWC) has filed an application with the Public Utilities Commission of Texas (PUCT) to acquire 3009 Water Company.

“We continue to see strong customer growth in our Texas Water service area,” stated Texas Water Company President Aundrea Williams. “We have a strong record of successful acquisitions and have been diligent about strategically securing additional water supplies to support the unprecedented growth we are experiencing.”

3009 Water Company serves approximately 270 customers in Comal County, Texas. A decision on the application is anticipated from the PUCT in the third quarter of 2024. Texas Water will be requesting filed rate doctrine treatment and fair market value for 3009 Water Company.

Texas Water, located in the growth pathway between San Antonio and Austin, serves customers in three of the five fastest-growing counties in the United States. The company has closed more than 16 acquisitions since 2006 and has more than quadrupled the number of customers it serves, from 6,500 to more than 28,000.


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