Global Water Resources, Inc. (NASDAQ: GWRS), a water resource management company, has finalized the acquisition of two previously announced water utility companies, Twin Hawks Utility, Inc. and Rincon Water Company.
PHOENIX, May 05, 2021 (GLOBE NEWSWIRE) Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported…
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Global Water Resources Signs Definitive Asset Purchase Agreements For Two Water Utilities
Phoenix, AZ (GLOBE NEWSWIRE) - Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has entered into definitive agreements to acquire two small water utility companies, Twin Hawks Utility, Inc. and Rincon Water Company. Twin Hawks is located in Pinal County and Rincon is in Pima County. The acquisitions will add approximately 93 water connections.
“We welcome Twin Hawks and Rincon to our expanding portfolio of water utilities in Arizona,” stated Global Water Resources president and CEO, Ron Fleming. “We plan to implement our industry-leading approach to utility consolidation and operations, which promotes investment, compliance and safety, and better water usage practices for the benefit of all stakeholders.”