SJW Group's Texas Subsidiary Reaches Agreements That Will Add Customers and Significant Water Supply to the Rapidly Growing Service Area

Author's Avatar
Jan 24, 2023

SJW Group (NYSE: SJW) today announced that its Texas subsidiary, SJWTX Inc., which does business as Canyon Lake Water Service Company, has reached agreements to acquire KT Water Development Ltd and KT Water Resources L.P., which are both located in Comal County, Texas. The pending acquisitions will add more than 550 customers and a 50% increase in the total available system-wide water supply for current customer needs and future growth.