Canadian Firm Agreed to Buy New Mexico American Water

From azcentral.com -About 106,000 water customers in Arizona essentially will make monthly payments to the city of Edmonton in Alberta, Canada, if a $470 million deal announced Monday is approved by regulators. Edmonton-based Epcor Water Services Inc. agreed to buy Arizona American Water and New Mexico American Water. The Arizona company has about 106,000 water meters and 51,000 wastewater customers, representing about 350,000 people, mostly in the Phoenix area. Epcor is a subsidiary of Epcor Utilities Inc., a unique utility that is entirely owned by the city of Edmonton, although it is run independent of the city. More here
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