On June 10, SJW Group subsidiary Connecticut Water Co. filed written exceptions with the Connecticut Public Utilities Regulatory Authority contesting a proposed decision filed in late May. The Office of Consumer Counsel filed a letter in lieu of written exceptions, expressing its "strong support" for the draft decision. The company referenced investors' declining opinion of the...
READOnly two new meaningful water and wastewater transactions were announced in the fourth quarter of 2023, and just one large transaction — defined by Regulatory Research Associates as those with a value of $10 million or greater — was finalized during the same period. Despite the lull, smaller transactions, which make up the lion's share of the sector's transaction volume, contin...
READWhile the overall pace of water acquisition activity has modestly slowed in 2023, the total transaction amount for the year is expected to be near the 2022 value and exceed prior years. Interestingly, the number of pending large transactions — defined by Regulatory Research Associates as those with a value of $10 million or greater — has stayed mostly constant over the past 18 ...
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