SJW Group Agrees to Purchase Deer Creek Ranch Water System Assets
Dec 04, 2017
SJW Group announced that SJWTX, Inc., doing business as Canyon Lake Water Service Company, a wholly-owned subsidiary of SJW Group, entered into an agreement to purchase Deer Creek Ranch Water Co., LLC’s water system assets.
SJW Group oday announced that SJWTX, Inc., doing business as Canyon Lake Water Service Company, a wholly-owned subsidiary of SJW Group, entered into an agreement to purchase Deer Creek Ranch Water Co., LLC’s water system assets. The system includes approximately 750 service connections over an area of 1,191 acres in Hays and Travis counties on the rapidly growing western fringe of the Austin metropolitan area and is located about 40 miles north of SJWTX, Inc.’s existing water system in Comal County. The agreement is subject to customary closing conditions, including the approval by the Public Utility Commission of Texas.
According to Eric W. Thornburg, President and Chief Executive Officer of SJW Group, execution of the agreement is a step forward for all stakeholders to secure long-term and high quality water service for customers in an economically vibrant region. Mr. Thornburg states that, “SJWTX works hard to put customers first and is committed to providing exceptional customer service.”
About SJW Group
SJW Group is a publicly traded holding company headquartered in San Jose, California. SJW Group is the parent company of San Jose Water Company, SJWTX, Inc., Texas Water Alliance Limited, and SJW Land Company. Together, San Jose Water Company and SJWTX, Inc. provide water service to more than one million people in San Jose, California and nearby communities and in Canyon Lake, Texas and nearby communities. SJW Land Company owns and operates commercial real estate investments.
More News and Articles
Apr 19, 2024
News
WATCH: Overnight with SAERTEX-LINER H20 in São Paulo
Available through Pipe Core, high-quality liner SAERTEX-LINER H20 performed under pressure in São Paulo, Brazil.
Maintaining aging potable water pipe infrastructure is a constant challenge …
Apr 17, 2024
News
Immersive media provides wastewater experience in Denmark
An immersive media experience (IMX) may not be what most people want when they think about industrial wastewater, but that is exactly what visitors can expect when they visit a new installation …
Apr 15, 2024
News
Spotlight on gender diversity at Pipe Core
Since founding in 2008, Pipe Core’s team has grown across all areas of the business and is now in a position where there are more females than males across the organisation. Research published in Harvard …
Apr 12, 2024
News
New Wave of Startups Scale Innovation to Solve Global Water Challenges
Innovators from Around the World Join Xylem’s 2024 Accelerator Program to Deploy Breakthrough Innovations for Utilities and Industrial Users of Water
A new group of startups …
Apr 08, 2024
News
Integrated sustainable electricity and clean drinking water systems
Altitude Water and New Use Energy Solutions have partnered to create integrated, mobile solar-plus-water generation systems that produce sustainable electricity and clean drinking …
Apr 05, 2024
News
How to Evaluate Hydraulic Fracture Risk in HDD Design
The design of horizontal directional drill (HDD) installations often requires an evaluation of the potential for hydraulic fracture of the soil layers through which an HDD passes. Evaluating …
Apr 02, 2024
News
Historic Project Linking Rome and Vatican City Uses Advanced Technology and Local Knowledge to Keep Water Flowing
Relocation of Major Sewer Infrastructure Enables Construction of Pedestrian Link for 35 Million Visitors to the 2025 Jubilee
Water …
Mar 27, 2024
News
USU Study Looks at Water Main Break Rates in the U.S. and Canada
Report Highlights Correlation Between Material and Diameter
Utah State University (USU) has published new research on water main breaks in the United States and Canada, examining …
Mar 26, 2024
News
Update BE-21: New Material in Course and Modules on Trenchless Pipe Installation
Online training on the topic of pipeline installation in civil engineering: Trenchless technology for underground drainage construction can be a resource-efficient, …
Mar 25, 2024
Article
Bacteria as a new weapon in wastewater treatment
In early November, San Diego based startup Aquacycl officially opened its first European office and test center at the Water Campus in Leeuwarden. The Netherlands Foreign Investment Agency (NFIA) …
Mar 22, 2024
News
A superior HDD offering
Building on its relationships with leading horizontal directional drilling companies, TRACTO Australia has delivered three new rigs to operator Superior HDD.
Based in New South Wales, Superior HDD specialises in horizontal …
Mar 20, 2024
News
New portable water filtration technology could improve access to clean drinking water worldwide
The University of Texas at Austin has developed an injectable water filtration system with the aim to aid the over two billion people worldwide who …
Contact
SJW Group
110 W. Taylor Street
CA 95110 San Jose
United States
Phone:
+1 800 250 - 5147