United Utilities has announced that it is to sell United Utilities Australia to a consortium led by Mitsubishi Corporation.
United Utilities has entered into an agreement to sell its 100 per cent owned subsidiary United Utilities Australia Pty Limited and related entities to a consortium led by Mitsubishi Corporation. The transaction value is approximately 225 million Australian dollars (AUD), comprising AUD176 million in cash and AUD49 million in net debt assumed by the purchaser.
The consortium comprises Mitsubishi Corporation, the Innovation Network Corporation of Japan, Manila Water Company, Inc. and JGC Corporation. The transaction is subject to a number of consents and regulatory approvals. It is expected that financial close will be achieved in the second half of 2010.
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.