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.

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