Hawaii company acquires Waikoloa water, wastewater systems

Hawaii Water Service Company, a subsidiary of California Water Service Group, has completed its acquisition of Waikoloa Resort Utilities Inc., Waikoloa Water Company Inc., and Waikoloa Sanitary Sewer Company Inc. (collectively known as West Hawaii Utilities), which provide water and wastewater services to homes, condominiums, hotels, golf courses, and shops at Waikoloa Beach Resort and in Waikoloa Village, both on the Big Island of Hawaii...

SAN JOSE, CA, Sept. 3, 2008 - Hawaii Water Service Company, a subsidiary of California Water Service Group, has completed its acquisition of Waikoloa Resort Utilities Inc., Waikoloa Water Company Inc., and Waikoloa Sanitary Sewer Company Inc. (collectively known as West Hawaii Utilities), which provide water and wastewater services to homes, condominiums, hotels, golf courses, and shops at Waikoloa Beach Resort and in Waikoloa Village, both on the Big Island of Hawaii.

The acquisition, which was announced by Cal Water earlier this year, marks the company's second acquisition in Hawaii this year and increases the regulated customer count in Hawaii from 1,500 to 3,770.

Acquired assets include six wells, three wastewater treatment plants, and approximately 10 miles of water mains. Together the acquired systems produce approximately 5 million gallons of water per day, providing water utility services to 1,970 customer accounts. They also provide wastewater services to 300 customer accounts, treating more than 1 million gallons of wastewater per day.

The Hawaii Public Utilities Commission approved the purchase of the stock of the West Hawaii Utilities on August 21, 2008.

"We look forward to serving these growing communities in Waikoloa and believe that the systems will be a foundation for future growth on the Big Island," said Hawaii Water Service Company General Manager Terry S. Tamble.

California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Water Service Company, Hawaii Water Service Company Inc., CWS Utility Services, and HWS Utility Services. Together these companies provide regulated and non-regulated water service to nearly 2 million people in California, Washington, New Mexico, and Hawaii.

###

More in Home