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SJW Group (NYSE: SJW) and Connecticut Water Service, Inc. (NASDAQ: CTWS) have entered a definitive agreement to create the 3rdlargest investor-owned water and wastewater utility in the United States. The new company will serve more than 1.5 million people with over 700 employees across California, Connecticut, Maine and Texas. The combined company would have had operating revenue of approximately $496 million and recurring net income of $74 million based on a 2017 pro forma basis.
Biwater USA is a Hollywood, FL-based company in the Energy and Utilities sector.
KASELCO is a Shiner, TX-based company in the Energy and Utilities sector.
Watertech Corporation is a Twin Falls, ID-based company in the Energy and Utilities sector.
Baker founded in 1940, provides professional engineering and consulting services for public and private sector clients worldwide.