secwatch.observer — SEC 8-K summary
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Issuer:     H2O AMERICA (HTO)
CIK:        0000766829
Form:       8-K
Filed at:   2025-07-08T23:59:59+00:00
Accession:  0001104659-25-066289
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

H2O America to acquire Quadvest water and sewer assets for $540M; expands Texas footprint
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- Total purchase price of $540M: $483.6M for regulated business + $56.4M for wholesale business.
- Quadvest has over 47,000 active connections and 89,000+ connections under contract; 50 water treatment plants.
- Transaction expected to close by mid-2026; subject to PUCT approval and HSR antitrust clearance.
- Deal to be financed by private debt and equity; no financing condition; expected to be accretive to long-term EPS growth.
- Texas projected to become H2O America's second largest utility operation by 2028; combined five-year capex plan increased to ~$2.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766829/000110465925066289/0001104659-25-066289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766829/000110465925066289/tm2519459d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-066289

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