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American Water announces acquisition of Waimea Wastewater Company

American Water announces acquisition of Waimea Wastewater Company
American Water announces acquisition of Waimea Wastewater Company

Hawaii American Water Co, a subsidiary of American Water that provides quality wastewater services to around 28,000 people, has reportedly acquired operations and assets of the Waimea Wastewater Company, Inc.

As per sources familiar with the knowledge of the matter, following the acquisition, Hawaii American Water has become a new wastewater service provider for Waimea Wastewater’s customers. Situated on the Big Island of Hawaii, Waimea is a regulated wastewater utility that caters to around 217 commercial and residential connections, including the Parker Ranch Center and North Hawaii Community Hospital.

For the record, Waimea Wastewater is a fully-owned by Parker Ranch, one of the oldest and largest cattle ranches in America. Established in 1847, Parker Ranch supports Parker Ranch Foundation Trust’s four Waimea-based customers: Parker School Trust Corporation, Hawaii Preparatory Academy, the Richard Smart Fund of the Hawai‘i Community Foundation, and North Hawai‘i Community Hospital (an affiliate of The Queen’s Health Systems).

According to sources, Hawaii American Water presently offers wastewater service to over 10,000 commercial and residential connections in the Hawaii Kai Community on Oahu and at the Mauna Lani Resort on the Big Island. The Mauna Lani wastewater plant is 20 miles away from the Waimea Wastewater Company.

Speaking on which, Lee Mansfield, Manager, Hawaiian American Water said that the company welcomes the customers of Waimea Wastewater to the Hawaii American Water family.

Mr. Mansfield added that all these customers would now have access to the company’s website, customer service office, and other services and the company is looking forward to serving them.

About American Water

American Water is one of the largest and most geographically diverse publicly traded wastewater and water utility companies in America. The company employees over 6,800 dedicated professionals who offer regulated marker-based wastewater, drinking water, and other related services to around 15 million population in 46 states.

Source Credit - https://finance.yahoo.com/news/hawaii-american-water-acquires-waimea-222500483.html

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