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CSWR-Florida Acquisitions Approved by Florida Public Service Commission


News provided by

Elasticity

May 19, 2022, 13:30 ET

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Division of Central States Water Resources, one of the 15 largest investor-owned water and wastewater utilities in U.S., brings track record of improving water quality, wastewater treatment and environmental protection

TALLAHASSEE, Fla., May 19, 2022 /PRNewswire-PRWeb/ -- CSWR-Florida Utility Operating Company's acquisitions of water and wastewater utilities located in Brevard, Highlands, Marion and Volusia counties have been approved by the Florida Public Service Commission (PSC).

CSWR-Florida is a division of Central States Water Resources (CSWR), one of the 15 largest investor-owned water and wastewater utilities in the U.S. The company's acquisitions represent approximately 6,000 customer connections and includes Aquarina Utilities, North Peninsula Utilities and Sunshine Utilities of Central Florida, Inc.

“We purchase water and wastewater utility systems that are in severe disrepair – often posing a very real danger to public health, safety and the environment – and quickly bringing them into compliance.”

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"We're in the business of ensuring the health of the communities we serve by delivering safe and reliable water," said Josiah Cox, president of CSWR-Florida and CSWR. "We purchase water and wastewater utility systems that are in severe disrepair – often posing a very real danger to public health, safety and the environment – and quickly bringing them into compliance."

The Florida PSC approved the application determining the need for the service, CSWR-Florida's qualifications to serve, the company's financial ability to provide service, CSWR-Florida's economic feasibility to serve and promotion of serving the public interest.

"Now it's time to roll up our sleeves and get to work," Cox said. "Our capital investments and increased daily operating expenditures will significantly improve the reliability of these systems. We'll improve overall water quality, wastewater treatment and environmental protection, as well as provide remote monitoring, 24/7 access to customer service support, expand bill payment options and more."

ABOUT CSWR-FLORIDA
CSWR-Florida is a division of Central States Water Resources (CSWR), founded in 2014 and one of the fifteen largest investor-owned utilities in the United States. In 2020-2021 alone, CSWR invested more than $70 million to acquire and transform critical water infrastructure using technology and innovation to bring safe, reliable, and environmentally responsible water resources to nearly 200,000 customers across Arizona, Arkansas, Florida, Kentucky, Louisiana, Missouri, Mississippi, North Carolina, Tennessee and Texas. Learn more about CSWR-Florida visit CSWRFloridaUOC.com or CSWR at CentralStatesWaterResources.com.

Media Contact

Aaron Perlut, Elasticity, 3148007218, [email protected]

SOURCE Elasticity

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