StockWatch
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Water Supply
ExpansionJun 24, 2026, 08:32 AM

Global Water Subsidiaries File to Expand Water Supply by 20%

AI Summary

Global Water Resources, Inc. announced that its subsidiaries, GW-Santa Cruz and GW-Ocotillo, have filed Designation of Assured Water Supply (DAWS) applications with the Arizona Department of Water Resources. If approved, these applications would expand the assured water supply in their service areas, supporting anticipated long-term residential and commercial growth. GW-Santa Cruz aims to increase its supply by 20% to 27,466 acre-feet, potentially allowing for growth to 177,000 residents in the City of Maricopa. GW-Ocotillo filed for 1,128 acre-feet of assured water supply.

Key Highlights

  • GW-Santa Cruz seeks to increase assured water supply by 20% to 27,466 acre-feet.
  • Proposed increase would support growth to approximately 177,000 residents in Maricopa.
  • GW-Ocotillo filed for 1,128 acre-feet of assured water supply.
  • Active service connections increased 5.7% year-over-year to 68,885 as of March 31, 2026.
  • Decisions on DAWS applications anticipated by Q4 2027.