ADIA bought its 9.9% stake in Kemble Water, the owner of Thames Water, in December last year, while CIC bought an 8.7% holding in January.
The Sunday Times cited a number of anonymous sources in linking Mr. Blair’s consultancy, Tony Blair Associates (TBA) to the wealth funds, which are among the largest in the world.
The newspaper said that a spokesman for Mr. Blair had denied claims that he was being paid £1M+ a year to advise CIC on investment opportunities, or that he “had anything to do with”advising CIC on buying its stake in Kemble Water.
The Sunday Times quotes “an insider” as commenting:
“ I think it’s quite interesting that two sovereign wealth funds known well to Tony have made very similar buy-ups of Thames Water.”
In March it was reported that Australian investment group Macquarie was considering selling a further stake on behalf of the Macquarie European Infrastructure Fund.
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner.
“SAS (Surplus Activated Sludge) is a bit weird and 
Owen Mace has taken over as Director of the British Plastics Federation (BPF) Plastic Pipes Group on the retirement of Caroline Ayres. He was previously Standards and Technical Manager for the group.
PureTec Separations, the Ledbury-based water treatment engineering firm, has appointed Dan Norman as its new Sales Manager – Water Process Systems, supporting the company’s continued growth in the UK and international markets.
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.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.