Kemble Water is itself owned by a consortium of investors led by Australian bank Macquarie.
News of the acquisition follows Chancellor of the Exchequer George Osborne’s visit to the Far East this week, which included Hong Kong, Beijing and Tokyo, where he called for more investment by Asian companies in UK infrastructure.
The acquisition is the first to be made by the fund in the UK, which was established in 2007 to invest some of China's $3.18tn (£2tn) in foreign exchange reserves.
A one-line statement on the CIC website simply says that the Corporation has acquired an 8.68% stake in Thames Water with no purchase price disclosed.
A similar sale of 9.9% of Kemble Water was made in December to the Abu Dhabi Investment Authority sovereign wealth fund, again for an undisclosed price.
Enpure Ltd and Clean TeQ Water Ltd have announced a collaboration agreement to bring Clean TeQ Water's Moving Bed Ion Exchange-based nutrient removal technologies to water utilities across the UK.
Near-real-time microbial monitoring of wastewater discharge and bathing waters is now possible thanks to the BactoSense ID solution created by Swiss-based bNovate Technologies.
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.
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.