Missouri American Water, a subsidiary of American Water, has closed the $28 million acquisition of the water and sanitary sewer systems of the City of Eureka.
The acquired assets cater to nearly 4,000 water customers and 4,000 wastewater customers in Northern California.
Eureka Mayor Sean Flower said: “Eureka has grown, and with that the expertise and staffing required to run our systems greatly increased.
“It became increasingly difficult to find staffing and expertise for a system of this size while meeting federal and state regulations. Since the public vote in 2020, we have waited for the opportunity to have Missouri American Water as our water and wastewater provider.
“The City of Eureka can now redeploy the proceeds of this sale to invest in our community.”
Apart from the acquisition, Missouri American Water announced that it will start construction of a new water pipeline to supply water from its St. Louis County system to the City of Eureka.
Missouri American Water said that the construction, which will begin this winter, will be executed in three phases. The second and third phases are slated to start in 2023 and will be completed in the following year.
Rich Svindland — Missouri American Water President said: “We are honored to provide clean, safe, and reliable water and wastewater service to our new customers in Eureka.
“Our team is looking forward to leveraging our experience and expertise to operate the water and wastewater systems efficiently, and to begin the construction of a new pipeline to connect them to our high-quality drinking water.”
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