Australian infrastructure bank Macquarie is set to complete the sale of its £1.5 billion 26% stake in Thames Water, according to a report in today’s Financial Times.
The report says that a buyer will be announced next month after the deal was delayed by the UK’s decision to leave the European Union following the result of the referendum on Brexit.
Macquarie.
The infrastructure arm of the Australian banking group, which appointed Nomura and Baker & McKenzie to act respectively as its financial and legal advisors, received indicative first round bids from third parties in July last year.
Macquarie bought the UK’s largest water company ten years ago from Germany’s RWE for £8bn in 2006.
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.