California American Water to acquire Meadowbrook Water California American Water has entered a binding memorandum of understanding to acquire Meadowbrook Water's operating assets and to assume responsibility for providing domestic water services within Meadowbrook’s service area in Merced County. Meadowbrook is an investor-owned Class C Water Utility, regulated by the California Public Utilities Commission. Meadowbrook Water and California American Water anticipate filing an application in fall of this year seeking approval from the CPUC. Final transfer of Meadowbrook’s operations to California American Water is expected to take place in the spring of 2017.
American Water awarded Vandenberg Air Force Base contract American Water Works Company announced that its Military Services Group has been awarded a contract for ownership, operation and maintenance of the water and the wastewater systems at Vandenberg Air Force Base, CA. According to the agreement the award revenue is estimated at approximately $298M over a 50-year period. The contract will be subject to annual economic price adjustment.