September 25, 2016 10:45 PM ET

Water Utilities

Company Overview of California American Water Company

Company Overview

California American Water Company supplies drinking water; and treats and releases wastewater. It serves customers in Coronado, Larkfield, Monterey, Rosemead, Sacramento, and Ventura. The company was incorporated in 1965 and is headquartered in Coronado, California. California American Water Company operates as a subsidiary of American Water Works Company, Inc.

1033 B Avenue

Suite 200

Coronado, CA 92118

United States

Founded in 1965





Key Executives for California American Water Company

Chief Executive Officer
Age: 66
Finance Director
President of Regulated Operations of American Water Works Company Inc
Age: 53
Vice President of Legal
Director of Network Services
Compensation as of Fiscal Year 2016.

California American Water Company Key Developments

California Coastal Commission Approves California American Water Test Slant Well Permit Amendment

During their regular meeting held on October 7, 2015, the California Coastal Commission approved an amendment to California American Water's permits to operate a test slant well located on the Central Coast in Marina, California. The test well is designed to assess the feasibility of slant well technology or seawater desalination intake systems in particular, for the company's proposed Monterey Peninsula Water Supply Project. The original permits issued last November called for the company to turn off the well if nearby groundwater levels dropped by more than a foot and a half. California American Water ceased operation of the test well after such conditions were observed in June. Hydrologic data confirmed the groundwater level drop was not due to the test well's influence, but other regional pumping in the area. The permit amendment will allow pumping to resume with conditions that take into consideration other regional groundwater trends. Operation of the test well is expected to resume after California American Water conducts an interior video survey of the well, performs pump maintenance, and completes any additional well maintenance deemed necessary. Slant wells are a form of subsurface intake technology that is preferred by permitting agencies, including the California State Water Resources Control Board and the California Coastal Commission for drawing ocean source water for desalination. The Monterey Bay National Marine Sanctuary and the National Oceanic and Atmospheric Administration also require project proponents to pursue subsurface intakes unless they are shown to be infeasible.

California American Water and CEMEX Reach Agreement for Access to Proposed Test-Well Site

California American Water and CEMEX have entered into an agreement that will clear the way for California American Water to access CEMEX's property for a test well. The agreement allows the water company access to portions of the cement producer's property in North Marina where intake wells for the Monterey Peninsula Water Supply Project seawater desalination facility are planned. The agreement allows California American Water to drill and operate a test well on the CEMEX site and, if the results are positive, to later purchase the permanent easements needed to construct and operate intake wells. The agreement comes after months of extended talks between the two parties over the precise location of the test well and the terms of an agreement. California American Water has been ordered to reduce its diversions from the area's primary source of water, the Carmel River, by the California State Water Resources Control Board, which has issued a stringent cutback schedule on withdrawals from the river.

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