Canadian Water Authority Buys Mesa Water

The Canadian River Municipal Water Authority (CRMWA) has acquired water service provider Mesa Water for $103m.

CRMWA will now own 211,000 acres of underground water near Roberts County in Texas, US.

The four trillion gallons of water will be split between 11 member cities in Texas and in the Panhandle South Plains region.

The purchase was secured by bond sale by the cities, reports KCBD.com.