Epcor acquires two water utilities in US

Epcor Water (USA), a wholly owned subsidiary of EPCOR Utilities, has completed the acquisition of two water utilities in north-western Arizona and New Mexico.

Epcor USA, through its Arizona subsidiary Epcor Water Arizona, acquired substantially all of the assets of North Mohave Valley Corporation for approximately $2.5m.

North Mohave Valley currently provides a water service to 2,000 customer connections in the Bullhead City area.

The facility is adjacent to Epcor’s other Mohave district operations which serves 17,000 customers, in addition to 1,650 more in neighbouring Lake Havasu City.

Through its New Mexico subsidiary Epcor Water New Mexico, Epcor USA acquired substantially all of the assets of Thunder Mountain Water Company for approximately $950,000.

Thunder Mountain provides water service to approximately 750 customer connections in the Edgewood area, a service territory adjacent to Epcor New Mexico’s approximately 1,900-customer connections in the Edgewood district.

Epcor USA president Joe Gysel said the company has completed the two acquisitions and the expansion of its service in Arizona and New Mexico.

"EPCOR is committed to growing our business in the south-western United States. These additions bring incremental value, important water resources in north-western Arizona and are a natural extension of EPCOR’s water operations in communities where we already provide service," Gysel said.

The Arizona Corporation Commission and the New Mexico Public Regulation Commission have approved the acquisitions of two utilities, respectively.

With the addition of North Mohave, Epcor Arizona now provides water and wastewater services to approximately 21,000 customer connections in north-western Arizona.

The two systems are already interconnected – water provided to Thunder Mountain customers is purchased from Epcor Water New Mexico through a wholesale purchasing agreement.

With the completion of the two acquisitions, Epcor USA now provides water and wastewater services to approximately 195,000 customer connections across 22 communities and seven counties.