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Epcor USA Closes Acquisition of Johnson Utilities in Arizona, USA.

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Vincent

MANews-(C)2009-2021

Arizona, US-based private water utility Epcor USA Inc's Epcor Water Arizona Inc., a subsidiary has acquired the assets and operations of Johnson Utilities LLC, the company said.

Regulatory approval for the transfer of ownership was received from the Arizona Corp. Commission on December 22, 2020.

The financial transaction and transfer of ownership from Johnson Utilities to Epcor was completed January 29, 2021.

Recognizing the potential of the San Tan Valley, George Johnson founded Johnson Utilities in 1997. Under George Johnson's ownership of Johnson Utilities, the area experienced significant growth.

Now known as the San Tan water and wastewater districts, Epcor's newest service areas are located just southeast of the greater metropolitan Phoenix area and anchor the Arizona Sun Corridor connecting the Phoenix and Tucson metropolitan areas, one of the most desirable growth corridors in the country.

The 160-square-mile service area serves approximately 29,450 water and 40,160 wastewater customers in the communities of Florence, Queen Creek and unincorporated San Tan Valley in Pinal County.

The ACC appointed Epcor Interim Manager of Johnson Utilities in August 2018 and the company has worked to enhance service and reliability, address public health issues, and significantly improve customer satisfaction.

More than USD 138m in infrastructure improvements are still necessary over the next three years...

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