NW Natural Water completes acquisition of Far West’s water and wastewater utilities
(UC) — NW Natural Water Company LLC, a wholly-owned subsidiary of Northwest Natural Holding Company, has completed the acquisition of the water and wastewater utilities of Far West Water & Sewer Inc.
Located in Yuma, Arizona, these utilities serve approximately 25,000 connections in the Foothills area and employ approximately 40 people. Going forward the utilities will be doing business as Foothills Utilities.
“We’re pleased to close this acquisition and begin serving customers in our fifth state,” Justin Palfreyman, NW Natural Water’s president, said. “As we build a leading water and wastewater utility, we are excited to enter the Arizona market and add Foothills Utilities to our water family.”
NW Natural Water provides water and wastewater services to approximately 150,000 people through over 60,000 connections. Its operations span the Pacific Northwest, Texas and Arizona and represent approximately $250 million of cumulative investment in the water sector.
“With this acquisition we believe our strong foundation of superior customer service, environmental stewardship and constructive regulatory engagement will be beneficial to the customers and communities Foothills Utilities serves,” David H. Anderson, NW Natural Holdings’ president and CEO, said. “We look forward to welcoming Foothills Utilities and bringing greater scale to our water and wastewater business.”
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