Connecticut Water Service, Inc. was a regulated

water company The water industry provides drinking water and wastewater services (including sewage treatment) to residential, commercial, and industrial sectors of the economy. Typically public utility, public utilities operate water supply networks. The wa ...

based in

Clinton, Connecticut Clinton is a town in Middlesex County, Connecticut, United States. The town is part of the Lower Connecticut River Valley Planning Region. The population of the town was 13,185 at the 2020 census. The town center along the shore line was liste ...

. Connecticut Water served both the states of Connecticut and Maine through various operating names. In October 2019, the company was acquired by the SJW Group.

Business

Connecticut Water owned and operated water, drainage and

sewage treatment Sewage treatment is a type of wastewater treatment which aims to remove contaminants from sewage to produce an effluent that is suitable to discharge to the surrounding environment or an intended reuse application, thereby preventing water p ...

systems in Connecticut and Maine. In the former, it operated variously as Connecticut Water, Heritage Village Water, and Avon Water. Business conducted in Maine was as Maine Water.

History

Connecticut Water Service had been incorporated on February 1, 1956. It had been traded on

NASDAQ The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

under the ticker ''CTWS''. In October 2018, it was announced that Connecticut Water Service was being acquired by the SJW Group, a water utility company based in

San Jose, California San Jose, officially the City of San José ( ; ), is a cultural, commercial, and political center within Silicon Valley and the San Francisco Bay Area. With a city population of 997,368 and a metropolitan area population of 1.95 million, it is ...

, pending federal approval.

Eversource Energy Eversource Energy is a publicly traded, Fortune 500 energy company headquartered in Hartford, Connecticut, and Boston, Massachusetts, with several regulated subsidiaries offering retail electricity, natural gas service and water service to appr ...

, an electric and gas utility serving most of

New England New England is a region consisting of six states in the Northeastern United States: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. It is bordered by the state of New York (state), New York to the west and by the ...

(including areas served by Connecticut Water's Connecticut systems), submitted a rival bid, but was turned down by the board of Connecticut Water. The SJW Group had earlier formed Hydro Sub, Inc. to conduct the acquisition. It was dissolved on 9 October 2019 following the completion of the merger.

References

{{reflist American companies established in 1956 1956 establishments in Connecticut Companies based in Middlesex County, Connecticut Water companies of the United States American companies disestablished in 2019 2019 disestablishments in Connecticut