Why work with SJWTX? It's simple: we're strong.
We are a part of SJW Group, a publicly-traded holding company and the parent company of San Jose Water, SJWTX, Inc., and SJW Land Company. San Jose Water and SJWTX provide water service to over 1 million people in San Jose, CA, Canyon Lake, TX and adjacent communities. We also have the capacity to mobilize financial resources in tandem with operational expertise for water systems needing capital & service improvement. Our areas of development are regulated utilities, utility services, and infrastructure development. To begin a conversation with us about a potential partnership, please contact us.
About SJW Group
- Successful track record and history of balancing water investments, conservation, and affordability in U.S.’s two most populous states
- Capacity to mobilize financial resources in tandem with operational expertise for water systems needing capital & service improvement
- $1.3 billion market capitalization (as of 1/4/2018); Operating company with S&P A‐rated credit profile
- $1.8 billion gross utility plant; $807 million in invested capital; Fiscal Year 2017 Revenues $389.2MM and Net Income $59.2MM
Business Development Objectives
Identifying and bringing benefits of water utility system consolidation, and employing capital resources and operations and management expertise in helping communities meet required infrastructure capital investments while achieving cost, service, and environmental and water quality improvements.
Bringing economy of scale to small and medium sized water systems while ownership of water utility infrastructure and assets remains in the hands of a public entity; on a fee for services basis, bringing economies of scale to small and medium sized water systems via integration of their operations and management with the hi‐tech IT infrastructure of a large water system.
Achieving long term stable contracted cash flow with creditworthy off‐takers via efficient ownership, operations, and maintenance of water, wastewater, and desalination plants, providing opportunities for revenue generation and business expansion beyond the set geography of franchise service territory.
SJW Group Management
Eric W. Thornberg,
President and Chief Executive Officer
Mr. Thornburg is a recognized leader and veteran in the water utility industry. He served as the President & Chief Executive Officer of Connecticut Water Service, Inc. from 2007 to 2017 before joining SJW Group in November 2017. Mr. Thornburg also served as President of Missouri‐ American Water, a subsidiary of American Water Works Corporation from 2000 to 2004. Prior to that, he served as Central Region Vice President‐ External Affairs fo American Water Works Corporation.
James P. Lynch
Chief Financial Officer and Treasurer
Group•Mr. Lynch has served as SJW Group Chief Financial Officer since October 2010. He is also CFO and Treasurer of San Jose Water Company, SJW Land Company, SJWTX Inc., and Texas Water Alliance Limited. Prior to joining the corporation, Mr. Lynch was an Audit Partner with KPMG LLP. for 26 years. Mr. Lynch is a certified public accountant.
President and Chief Operating Officer, SJW
Mr. Gere has served as SJWC President and Chief Operating Officer since March 2016 and as Chief Operating Officer since April 2015. Mr. Gere was Vice President of Operations from 2013 to April 2015, Chief of Operations from 2008 to 2013, Director of Maintenance from 2006 to 2008, Director of Operations and Water Quality from 2005 to 2006, and Manager of Operations and Water Quality from 2003 to 2005.