H2O America Receives Regulatory Approval for Texas Subsidiary’s Cibolo Valley Acquisition

SAN JOSE, Calif. and CANYON LAKE, Texas, Sept. 21, 2026 (GLOBE NEWSWIRE) -- H2O America (NASDAQ: HTO) today announced that its regulated Texas water and wastewater utility, The Texas Water Company, Inc. (“TWC”), has received the regulatory approval needed to complete its acquisition of the Cibolo Valley wastewater treatment plant and associated collection systems from South Central Water Company (“SCW”). The transaction is expected to close on Nov. 1, 2026.

The acquisition more than doubles TWC's wastewater connections within its existing Texas Hill Country footprint and creates opportunities for greater operational efficiency with a customer base already served by TWC’s water service.