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California Water (CWT) Acquires Kings Mountain's Water System

5/29/2024

 
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California Water Service Group CWT announced that its subsidiary California Water Service (Cal Water) has acquired Kings Mountain Park Mutual Water Company’s (Kings Mountain) water system assets. The agreement was originally approved by the California Public Utilities Commission in late 2022.
Customers of Kings Mountain will now receive water utility services directly from Cal Water's Bear Gulch District, which had previously supplied water to the community through a system interconnection. (...more)

Cal Water Acquisition Completed

5/28/2024

 
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Cal Water has finalized the acquisition of Kings Mountain Park Mutual Water Company’s (Kings Mountain) water system assets. Cal Water’s Bear Gulch District, which has provided water in 
recent years to Kings Mountain through a system interconnection, will now provide water utility services directly to Kings Mountain customers.

​The Bear Gulch District already serves about 61,000 people through approximately 19,000 service connections in Portola Valley, Woodside, Atherton, and portions of Menlo Park, Redwood City, and San Mateo County. Because the Kings Mountain system is adjacent to two other portions of the Bear Gulch District, joining the systems together is expected to enhance water supply reliability and firefighting capabilities. (...more)

Acquisition Approved by CPUC

12/19/2022

 
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Cal Water received approval from the California Public Utilities Commission (CPUC) to acquire the water system assets of King’s Mountain Park Mutual Water Company (King’s Mountain).
The King’s Mountain system, which is adjacent to Cal Water’s Bear Gulch District, currently serves 23 residential connections near Skyline Boulevard in the Bay Area. Because residents must voluntarily maintain system operations, the State Water Resources Control Board’s Division of Drinking Water has supported the transfer of the smaller utility to Cal Water. Cal Water and King’s Mountain first signed their purchase agreement in July 2022, and the transfer remains subject to satisfaction of customary closing conditions. (...more)

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Contact CAL WATER

Cal Water - Bear Gulch District
3525 Alameda De Las Pulgas, Ste A
Menlo Park, CA 94025
+1 (650) 561-9709
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