M&A
confidence high
sentiment positive
materiality 0.55
H2O America receives $483.6M FMV for Quadvest assets; mid-2026 close on track
H2O AMERICA
- Three PUCT-appointed appraisers set fair market value of Quadvest LP assets at $483.6 million.
- The purchase price will serve as ratemaking rate base under Texas FMV statute.
- TWC plans to file STM application with PUCT by mid-January 2026.
- Acquisition closing still expected by mid-2026.