SJW Group, a Delaware corporation, was originally formed in 1985 as a California corporation with the name "SJW Corp.", and changed its name to "SJW Group" in 2016. SJW Group operates as a holding company with the following subsidiaries: San Jose Water Company in California; Connecticut Water Company in Connecticut; Maine Water Company in Maine; and SJWTX, Inc. (dba The Texas Water Company).
San Jose Water Company, a wholly owned subsidiary of SJW Group, was originally incorporated under the laws of the State of California in 1866. San Jose Water Company is a regulated private utility in the business of providing water service to a population of approximately one million people through approximately 232,000 connections in an area comprising about 139 square miles in the metropolitan San Jose area.
SJW Land Company, a wholly owned subsidiary of SJW Group, was incorporated in 1985. SJW Land Company owns commercial buildings, other undeveloped land primarily in the San Jose metropolitan area, a property in each of Florida, Texas, Arizona, Tennessee, and Connecticut, and a 70% limited partnership interest in a three-story office building located near the HP Pavilion in downtown San Jose.
The Texas Water Company, a wholly owned subsidiary of SJW Group, was incorporated in the State of Texas in 2005. Texas Water Company is a regulated private utility in the business of providing water service to a population of approximately 77,000 people through approximately 26,000 service connections in a service area comprising about 268 square miles around Canyon Lake in western Comal County and southern Blanco County located between Austin and San Antonio.
The Connecticut Water Company, a wholly-owned subsidiary of Connecticut Water Service, Inc. that serves the New England region, was incorporated under the laws of the State of Connecticut in 1956. The Connecticut Water Company is a private utility regulated by the Connecticut Public Utilities Regulatory Authority and provides water service to a population of more than 375,000 people through approximately 107,000 connections for water customers and 3,000 wastewater customers, covering 60 communities.
The Maine Water Company, a wholly-owned subsidiary of Connecticut Water Service, Inc. that serves the New England region, has been serving customers in the state of Maine since 1880. The Maine Water Company is a private utility regulated by the Maine Public Utilities Commission and provides water service to a population of approximately 85,000 (in a service area comprising about 72 square miles) in 21 communities across Maine.
The stock of SJW Group is traded on the NASDAQ Stock Market under the symbol SJW.