American States Water Company (AWR) is a leading player in the water industry, serving approximately 258,000 customers in 75 communities across 10 counties in Northern, Coastal, and Southern California. Additionally, the company distributes electricity to around 24,000 customers in San Bernardino County, California through Bear Valley Electric Services (BVES). Moreover, through its subsidiary American States Utility Services, Inc. (ASUS), it manages water and wastewater systems on military bases across the U.S. under 50-year privatization contracts with the U.S. government. AWR has a long-standing history, being founded in 1929 and has consistently provided dividends to shareholders since 1931. The company recently secured a substantial $150.00MPost-IPO Debt investment as of 28 June 2023. With its strong track record and presence in critical sectors, American States Water Company represents an attractive opportunity for potential investors in the water and utility space.
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