Tucson Acquisition
Closed acquisition of 7 public water systems, adding approximately 2,200 connections and $7.7 million in rate base at an attractive price of 1.05x rate base. Expected to generate $1.5 million in annual revenue.
New Water Legislation
Arizona Governor signed 'Ag-to-Urban' water legislation, expected to create new groundwater supply to support growth in Global Water's service areas.
Highway 347 Expansion
Full funding approved for Highway 347 expansion, expected to support continued growth in the City of Maricopa, which is projected to grow by nearly 90% by 2040.
Growth in Service Connections
Total active service connections increased by 6.6% to 68,130 as of September 30, 2025.
Revenue Increase
Total revenue for Q3 2025 was $15.5 million, up 8.4% compared to Q3 2024. Year-to-date revenue increased by 7% to $42.2 million.