Arizona Corporation Commission Approves Acquisitions By Cactus State Utility Operating Company, A Division of Central States Water Resource
PHOENIX, AZ (Jan. 10, 2022) – The Arizona Corporation Commission has approved the acquisitions of water and wastewater utilities located in Cleburne, Coconino, Gila, Greenlee, La Paz, Mohave, Pinal, Yavapai, and Yuma counties by Cactus State Utility Operating Company, a division of Central States Water Resources (CSWR), one of the 15 largest investor-owned water and wastewater utilities in the U.S.
The acquisitions by Cactus State represent approximately 3,100 connections.
“We have a recognized track record of purchasing water and wastewater utility systems that are in severe disrepair – often posing a very real danger to both public health and safety and the environment — and quickly bringing them into compliance,” said Josiah Cox, president of Cactus State and CSWR. “There’s much work to be done, so we’re going to roll up our sleeves, make the necessary investments needed to ensure these systems are managed safely and reliably, and get to work.”
The Arizona Corporation Commission approved the application determining the need for the service, Cactus State’s qualifications to serve, the company’s financial ability to provide service, Cactus State’s economic feasibility to serve, and promotion of serving the public interest.
“Our capital investments and increased daily operating expenditures will significantly increase the reliability of these systems,” added Cox. “We’ll improve overall water quality, wastewater treatment and environmental protection, provide remote monitoring, 7-day-a-week, 24-hour access to customer service support, expand bill payment options and more.”
The acquisitions mark the entry of CSWR – the parent company of Cactus State Utility Operating Company – into the state of Arizona. CSWR serves customers in Arkansas, Arizona, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Tennessee and Texas.
ABOUT CACTUS STATE
Cactus State Utility Operating Company is a division of Central States Water Resources (CSWR) which is transforming how water utilities work by using technology and innovation to bring safe, reliable and environmentally responsible water resources to every community in the U.S. The company has water and wastewater operations or pending acquisitions across the nation, including in Arkansas, Arizona, Florida, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Tennessee and Texas. Learn more about CSWR at CentralStatesWaterResources.com or Cactus State at CactusstateUOC.com.