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H2O America announced the acquisition of all Quadvest assets for $540 million, expanding its presence in the Houston, Texas area and becoming the second largest investor-owned water and wastewater utility in Texas.
NextEra Water Texas completed the acquisition of a portfolio of 23 water and five wastewater utility systems in eight counties near Houston, Texas, from Quadvest, L.P. The systems serve approximately 2,700 customers.