California Updates & ESG Initiatives
Strategy for Continued Growth
Capital Expenditures (CapEx)
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Investment in water utility infrastructure and earning a return "of and on" that investment
Five-year plan to invest $1.6B in water/wastewater infrastructure and PFAS remediation,
subject to regulatory approval
Leverage era of infrastructure replacement to deliver value for customers and
shareholders
Constructive Regulatory Environment
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Experienced and highly regarded regulatory teams working cooperatively with state
commissions to align customer and shareholder interests
Regulatory lag minimized by forward-looking test year in California and infrastructure
replacement surcharge mechanisms in Connecticut, Maine and Texas
Acquisitions
Opportunistic, with a focus on growth potential
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Water and wastewater systems
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National footprint for growth
SANCO
BANCO
SJW Group
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