Global Water Resources, Inc., a specialized water resource management entity, announced its decision to purchase seven water systems from the city-owned Tucson Water utility. These systems collectively serve around 2,200 customers in Pima County, boosting Global Water’s local customer connections to 7,200. The move resonates with the company’s strategy to grow and develop its Pima County footprint and assures a continuous elevation of water management by implementing advanced metering infrastructure. The customer-oriented approach not only promises enhanced quality service but also nods at potential savings. The transaction, expected to finalize early next year, awaits the Arizona Corporation Commission’s approval. Global Water’s footprint stretches around the Phoenix metropolitan corridor, with a notable record of recycling over 1 billion gallons of water each year and committing to Total Water Management. The company’s future-proofing vision garners praise, bagging prestigious awards for sustainable exploits. However, some forward-looking statements regarding the acquisition and infrastructure upgrades are speculative and hinge on future regulatory approvals.

Water Resource Management, Utilities – Water,Pima County, Arizona, Phoenix Metropolitan Area, Arizona

https://www.globenewswire.com/news-release/2024/05/07/2876753/0/en/Global-Water-Resources-to-Acquire-Seven-Water-Systems-from-Tucson-Water-Adding-2-200-Customer-Connections.html