NW Natural Jumps into Texas Water Market
On 31 October 2019, investor-owned utility NW Natural made a move well beyond its current geographic footprint with the acquisition of Texas-based T&W Water Service Company. T&W is a privately-owned water system serving 3,500 customer connections in the Woodland metropolitan area of Texas.
In this Research Note, Bluefield’s water experts analyze:
- NW Natural’s growth and strategy shift
- Attractiveness of Texas water market
- Deals pointing to changing IOU landscape