Global water resources acquires seven water systems from tucson water, adding 2,200 customer connections

Phoenix, july 09, 2025 (globe newswire) -- global water resources, inc. (nasdaq: gwrs), a pure-play water resource management company, has completed the previously announced acquisition of seven water systems from tucson water, the city of tucson's water utility. the assets were acquired at a value equivalent to approximately 1.05 times the current rate base of approximately $7.7 million and are expected to generate approximately $1.5 million in revenue annually.
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