CPUC approves Skylonda Mutual Water Company acquisition

California Water Service (Cal Water) received approval last week from the California Public Utilities Commission (CPUC) to acquire the water system assets of Skylonda Mutual Water Company.

Cal Water plans to provide water utility service to Skylonda’s 176 customer connections through its Bear Gulch District, which is adjacent to the Skylonda system. The Bear Gulch District currently serves about 60,900 people through 19,000 service connections in Portola Valley, Woodside, Atherton, and portions of Menlo Park, Redwood City, and San Mateo County.

After the acquisition is completed, Cal Water intends to invest in Skylonda’s water system infrastructure so that it remains safe and reliable for customers’ and firefighters’ everyday and emergency needs. Additionally, with Skylonda situated between Cal Water’s Skyline system and the main portion of its Bear Gulch District, Cal Water will be able to interconnect the three areas to enhance water supply reliability to the entire district.

“We appreciate the CPUC staff’s diligence in reviewing this transaction, and we look forward to both working with Skylonda Mutual Water Company to complete the acquisition and providing quality, service, and value to Skylonda customers, both now and for decades to come,” said Marty Kropelnicki, Cal Water President and CEO.

California Water Service serves about 2 million people through 494,500 customer connections in California. The utility has provided water service in the state since 1926. For more information, visit www.calwater.com.

The purchase is subject to customary remaining closing conditions and expected to close later this year.