California American Water recently announced they had completed a transaction to acquire West San Martin Water Works’ system assets for $1.6 million. The acquisition adds approximately 325 new water connections to the company’s current customer base, which already includes approximately 40,000 connections on the Monterey Peninsula and other parts of Monterey County.
“We’re thrilled to begin serving West San Martin customers and to continue providing safe, clean, and affordable water service,” said Kevin Tilden, President, California American Water. “West San Martin customers will also benefit from new customer service options and programs offered by the company.”
With the purchase of the West San Martin system, the community of San Martin will benefit from the industry expertise and experience that California American Water offers. Additionally, consolidation with a larger system will contribute to important rate stability for the community while also providing resources for the implementation of essential capital improvements.
“For over 60 years West San Martin Water Works has been proud to serve our community with safe and reliable drinking water,” said Brian Ukestad, President, West San Martin Water Works. “For the last 40 years, our family has been honored to run the utility. Thank you for being wonderful customers and we are confident that California American Water will continue to provide safe and reliable water in the years ahead.”