The group's principal activities are to identify, manage, acquire, develop, sell and lease water and water rights in the western United States. The group actively pursues opportunities to purchase reliable water supplies that can be used to augment or supplement local municipal supplies and there by participate in the growth of the region. The main objectives of the group are to maximize the potential value of its existing water assets, to acquire and develop new water assets and to develop additional revenue sharing agreements with other water and landowners. The group concentrates on the service contracts and regulated utility operations. It seeks to own the water resources needed by local water systems and to provide cities and water districts with water that replaces reductions in historic water sources, increases reliability of supply, minimizes long-term costs, reduces the need for additional large capital investments by such cities.