Press Release: Quadvest Fair Market Value Determination Received; On Track for Mid-2026 Close

Dow Jones

2025/12/30

SAN JOSE, Calif., Dec. 29, 2025 (GLOBE NEWSWIRE) -- H2O America $(HTO)$ today announced that its regulated Texas water and wastewater utility, The Texas Water Company (TWC), received the appraised fair market values (FMV) from the three Public Utility Commission of Texas (PUCT)-appointed appraisers for the assets of Quadvest LP, a regulated investor-owned water and wastewater utility operating in the Houston metro area. In accordance with Texas' FMV statute, the purchase price of $483.6 million will serve as the ratemaking rate base.

"We appreciate the hard work of all parties involved during the appraisal process," said Aundrea Williams, President of TWC. "We believe the FMV determination supports our previously communicated benefits of the transaction."

TWC plans to file the Sale-Transfer-Merger $(STM)$ application with the PUCT by mid-January to request approval of TWC's acquisition of the Quadvest LP assets and certification of the value of the rate base.

We continue to anticipate closing the Quadvest acquisition by mid-2026.

Investor Relations:

Jonathan G. Reeder

Senior Director of Treasury & Investor Relations

(475) 414-1034

InvestorRelations@H2O-America.com

Media Relations:

Nazan Riahei

Vice President of Communications

(408) 731-0890

MediaRelations@H2O-America.com

(END) Dow Jones Newswires

December 29, 2025 16:05 ET (21:05 GMT)

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In accordance with Texas' FMV statute, the purchase price of $483.6 million will serve as the ratemaking rate base. \n</p>\n<p>\n     \"We appreciate the hard work of all parties involved during the appraisal process,\" said Aundrea Williams, President of TWC. \"We believe the FMV determination supports our previously communicated benefits of the transaction.\" \n</p>\n<p>\n     TWC plans to file the Sale-Transfer-Merger <a href=\"https://laohu8.com/S/STM\">$(STM)$</a> application with the PUCT by mid-January to request approval of TWC's acquisition of the Quadvest LP assets and certification of the value of the rate base. \n</p>\n<p>\n     We continue to anticipate closing the Quadvest acquisition by mid-2026. \n</p>\n<p>\n     Investor Relations: \n</p>\n<p>\n     Jonathan G. Reeder \n</p>\n<p>\n     Senior Director of Treasury &amp; Investor Relations \n</p>\n<p>\n     (475) 414-1034 \n</p>\n<p>\n     InvestorRelations@H2O-America.com \n</p>\n<p>\n     Media Relations: \n</p>\n<p>\n     Nazan Riahei \n</p>\n<p>\n     Vice President of Communications \n</p>\n<p>\n     (408) 731-0890 \n</p>\n<p>\n     MediaRelations@H2O-America.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 29, 2025 16:05 ET (21:05 GMT)\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4604","symbol_name":"機器人概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2595758125","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595758125","pubTimestamp":1767042300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"SAN JOSE, Calif., Dec. 29, 2025  -- H2O America  today announced that its regulated Texas water and wastewater utility, The Texas Water Company , received the appraised fair market values  from the three Public Utility Commission of Texas -appointed appraisers for the assets of Quadvest LP, a regulated investor-owned water and wastewater utility operating in the Houston metro area. In accordance with Texas' FMV statute, the purchase price of $483.6 million will serve as the ratemaking rate base.\"We appreciate the hard work of all parties involved during the appraisal process,\" said Aundrea Williams, President of TWC. \"We believe the FMV determination supports our previously communicated benefits of the transaction.\". TWC plans to file the Sale-Transfer-Merger  application with the PUCT by mid-January to request approval of TWC's acquisition of the Quadvest LP assets and certification of the value of the rate base.We continue to anticipate closing the Quadvest acquisition by mid-2026.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4604":"机器人概念","BK4605":"半导体精选","HTO":"H2O AMERICA","BK4554":"元宇宙及AR概念","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU0106261612.USD":"SCHRODER ISF US SMALLER COMPANIES IMPACT \"A\" ACC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0012050646.USD":"SCHRODER ISF US SMALLER COMPANIES IMPACT \"A\" (USD) INC AV","STM":"意法半导体","BK4172":"水公用事业","BK4141":"半导体产品","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"新闻稿：收到Quadvest公平市场价值确定；有望于2026年中期收盘","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STM":1,"HTO":1},"content_text":"SAN JOSE, Calif., Dec. 29, 2025 (GLOBE NEWSWIRE) -- H2O America $(HTO)$ today announced that its regulated Texas water and wastewater utility, The Texas Water Company (TWC), received the appraised fair market values (FMV) from the three Public Utility Commission of Texas (PUCT)-appointed appraisers for the assets of Quadvest LP, a regulated investor-owned water and wastewater utility operating in the Houston metro area. In accordance with Texas' FMV statute, the purchase price of $483.6 million will serve as the ratemaking rate base. \n\n\n     \"We appreciate the hard work of all parties involved during the appraisal process,\" said Aundrea Williams, President of TWC. \"We believe the FMV determination supports our previously communicated benefits of the transaction.\" \n\n\n     TWC plans to file the Sale-Transfer-Merger $(STM)$ application with the PUCT by mid-January to request approval of TWC's acquisition of the Quadvest LP assets and certification of the value of the rate base. \n\n\n     We continue to anticipate closing the Quadvest acquisition by mid-2026. \n\n\n     Investor Relations: \n\n\n     Jonathan G. Reeder \n\n\n     Senior Director of Treasury & Investor Relations \n\n\n     (475) 414-1034 \n\n\n     InvestorRelations@H2O-America.com \n\n\n     Media Relations: \n\n\n     Nazan Riahei \n\n\n     Vice President of Communications \n\n\n     (408) 731-0890 \n\n\n     MediaRelations@H2O-America.com \n\n\n  (END) Dow Jones Newswires\n\n\n  December 29, 2025 16:05 ET (21:05 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}