Guste Island Utility - Ownership and Business Overview

UtilitiesCompany

Guste Island Utility Ownership

Who owns Guste Island Utility?

Guste Island Utility is owned by Magnolia Water Utility Operating. It was acquired on January 1, 2021.

Guste Island Utility Business Overview

Where is Guste Island Utility headquartered?

Guste Island Utility is headquartered in Mandeville, Louisiana.

What sector is Guste Island Utility in?

Guste Island Utility is an utilities company.

Utilities M&A Summary in 2021

Out of 60 sectors in the Mergr database, utilities ranked 47 in number of deals in 2021. The largest utilities acquisition in 2021 was Western Power Distribution - which was acquired by National Grid for $12.0B.

Join Mergr to view all 52 acquisitions of utilities companies in 2021, including 9 acquisitions by private equity firms, and 43 by strategics.

Guste Island Utility Co.

845 Galvez St.,
Mandeville, Louisiana 70448
United States,
(985) 624-9993
www.gusteislandutility.com

Guste Island’s facilities serve more than 1,200 residences and commercial customers in St. Tammany Parish. Guste Island has had a history of operational issues, most related to sediment in the drinking water. While projects were completed within the past year attempting to remedy these issues, including well screen repairs, removal of sediment from the hydropneumatic tank and water lines, and installation of automatic flushing devices, these sediment issues have persisted.


Company Summary

SECTOR

Utilities

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