New mexico water service receives nmprc approval to acquire monterey water company

San jose, calif., june 15, 2023 (globe newswire) -- (nyse: cwt) — the new mexico public regulation commission has given approval for new mexico water service (new mexico water) to acquire the assets of monterey water company (monterey), paving the way for new mexico water to close the purchase and provide regulated water utility service to monterey's customers. the acquisition remains subject to customary closing conditions and is expected to close this summer.
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