SJW SJW Group

Quadvest Fair Market Value Determination Received; On Track for Mid-2026 Close

Quadvest Fair Market Value Determination Received; On Track for Mid-2026 Close

SAN JOSE, Calif., Dec. 29, 2025 (GLOBE NEWSWIRE) -- H2O America (NASDAQ: HTO) today announced that its regulated Texas water and wastewater utility, The Texas Water Company (TWC), received the appraised fair market values (FMV) from the three Public Utility Commission of Texas (PUCT)-appointed appraisers for the assets of Quadvest LP, a regulated investor-owned water and wastewater utility operating in the Houston metro area. In accordance with Texas’ FMV statute, the purchase price of $483.6 million will serve as the ratemaking rate base.

“We appreciate the hard work of all parties involved during the appraisal process,” said Aundrea Williams, President of TWC. “We believe the FMV determination supports our previously communicated benefits of the transaction.”

TWC plans to file the Sale-Transfer-Merger (STM) application with the PUCT by mid-January to request approval of TWC’s acquisition of the Quadvest LP assets and certification of the value of the rate base.

We continue to anticipate closing the Quadvest acquisition by mid-2026.

Investor Relations:

Jonathan G. Reeder

Senior Director of Treasury & Investor Relations

(475) 414-1034

Media Relations:

Nazan Riahei

Vice President of Communications

(408) 731-0890



EN
29/12/2025

Underlying

SJWSJW Group

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SJW Group

 PRESS RELEASE
Free
SJW SJW GROUP

H2O America to Report Fourth-Quarter and Full-Year 2025 Financial Resu...

H2O America to Report Fourth-Quarter and Full-Year 2025 Financial Results on February 25 SAN JOSE, Calif., Feb. 12, 2026 (GLOBE NEWSWIRE) -- H2O America (NASDAQ: HTO) expects to report its financial results for the fourth quarter and full-year 2025 and provide forward-looking guidance after the close of the market on Wednesday, February 25, 2026. Andrew F. Walters, chief executive officer; Ann P. Kelly, chief financial officer and treasurer; and Bruce A. Hauk, president and chief operating officer, will host a conference call at 7 a.m. Pacific time (10 a.m. Eastern time) on Thursday, Feb...

February 12, 2026 1 EN
 PRESS RELEASE
Free
SJW SJW GROUP

H2O America Declares Dividend and Announces 2026 Dividend Increase

H2O America Declares Dividend and Announces 2026 Dividend Increase 4.8% increase in annual dividend58 consecutive years of annual dividend increasesMore than 80 consecutive years of dividend payments SAN JOSE, Calif., Jan. 26, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of H2O America (NASDAQ: HTO) has declared a quarterly cash dividend of $0.44 per share payable on March 2, 2026, to all shareholders of record at the close of business on Feb. 9, 2026. The March dividend will represent a 4.8% increase over the dividend paid in December 2025. The 2026 annualized dividend is expected t...

January 26, 2026 1 EN
 PRESS RELEASE
Free
SJW SJW GROUP

Maine Water Company’s New Unified Rate Structure to Benefit Customers

Maine Water Company’s New Unified Rate Structure to Benefit Customers MWC unified rate structure agreement with the Office of the Maine Public Advocate approved by the Maine Public Utilities CommissionSets comparable rates for service across communities MWC servesCreates administrative efficiencies - reduces administrative and regulatory burden which benefits customersCreates the Water Residential Assistance Program for income eligible customers BIDDEFORD, Maine, Jan. 15, 2026 (GLOBE NEWSWIRE) -- The Maine Public Utilities Commission (MPUC) approved a stipulation agreement between The Ma...

January 15, 2026 1 EN
 PRESS RELEASE
Free
SJW SJW GROUP

Quadvest Fair Market Value Determination Received; On Track for Mid-20...

Quadvest Fair Market Value Determination Received; On Track for Mid-2026 Close SAN JOSE, Calif., Dec. 29, 2025 (GLOBE NEWSWIRE) -- H2O America (NASDAQ: HTO) today announced that its regulated Texas water and wastewater utility, The Texas Water Company (TWC), received the appraised fair market values (FMV) from the three Public Utility Commission of Texas (PUCT)-appointed appraisers for the assets of Quadvest LP, a regulated investor-owned water and wastewater utility operating in the Houston metro area. In accordance with Texas’ FMV statute, the purchase price of $483.6 million will serve...

December 29, 2025 1 EN
 PRESS RELEASE
Free
SJW SJW GROUP

H2O America Appoints Nicholas Whitley as Vice President of Business De...

H2O America Appoints Nicholas Whitley as Vice President of Business Development SAN JOSE, Calif., Dec. 22, 2025 (GLOBE NEWSWIRE) -- H2O America (NASDAQ: HTO), a leading investor-owned, pure-play water and wastewater utility, today announced the appointment of Nicholas Whitley as vice president of business development, effective December 22. In this role, Whitley will lead H2O America’s business development initiatives, including the identification, evaluation and execution of strategic growth opportunities that expand the company’s water and wastewater footprint and support long-term, sus...

December 22, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch