Central States Water Quietly Builds Utility Platform
Bluefield’s quarterly tracking and analysis of IOU M&A activity in the U.S. has uncovered new market entries for investor-owned utility Central States Water Resources (CSWR).
So far in 2019, the Missouri-based firm has added 16 systems to its portfolio with recent regulatory approvals in Missouri and Kentucky. An additional 19 deals filed since the start of the year still await state regulatory approval in Tennessee, Missouri, and Louisiana.
In this Research Note, Bluefield analyzes:
- Central States’ expansion of its geographic footprint
- The company’s M&A strategy to focus on smaller, distressed systems
- Attention from outsiders looking in
More analysis of investor-owned utility strategies.