AWK American Water Works Company Inc.

California Public Utilities Commission Approves California American Water Acquisition of Geyserville Water Works System

California American Water announced it has received California Public Utilities Commission approval for the acquisition of the Geyserville Water Works system in Sonoma County. California American Water will begin operating the water system as of November 17, 2016.

The water system was purchased for $1.5 million and will add approximately 318 new service connections to California American Water’s customer base in Sonoma County. California American Water currently supplies water service to about 2,400 homes and businesses in the Larkfield-Wikiup-Fulton areas of Sonoma County and to about 178,000 other customers throughout the State.

Geyserville Water Works customers will be served by a staff that includes water treatment and distribution operators that are experts in their fields and hold water treatment and distribution certifications through the State Water Resources Control Board.

“I am pleased to welcome Geyserville customers and am eager to introduce them to our conservation program that features rebates, free services and devices. Our new customers are also expected to eventually enjoy access to our low income discount program,” said Director of Northern California Operations S. Audie Foster. “Through this acquisition, we will be able to provide customers with safe and reliable water services at a reasonable rate.”

“With California American Water, we have found the right company to serve my friends and neighbors in the Geyserville Community. The choice to sell was tough for Karen and me, but it is made easier knowing the benefits California American Water will bring to our customers,” said Harry Bosworth, owner of Geyserville Water Works.

California American Water, a subsidiary of American Water (NYSE: AWK), provides high-quality and reliable water and/or wastewater services to more than 615,000 people.

Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. Marking its 130th anniversary this year, the company employs more than 6,700 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found at www.amwater.com.

EN
10/11/2016

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