JP Morgan Asset Management, together with Australian Challenger Infrastructure Fund (CIF), has bought Southern Water from owners Royal Bank of Scotland for ₤4.2 billion.
J P Morgan will take a 32% stake for £360 milion in Southern Water, while CIF will pay £300 million in return for a 27% interest. Other shareholders in the consortium include Access Capital, taking a combined 18% stake for £201 million for seven Australasian superannuation funds and UBS, with 18% for £200 million.
CIF’s announcement regarding the purchase states that Southern Water Regulated Capital Value is forecast to be 33.2 billion by March 2008, - the fastest growing of all the UK WaSC’s at 31% over 2005-2010.
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.
James Sumsion, CEO of predictive water intelligence specialists Kohtari, says the water sector needs to take a giant leap forward, so that it can anticipate and act upon water quality issues - rather than merely react.
Ray Moulds, Sales Director at Flood Control International, takes a look at how automated sliding floodgates are supporting secondary containment at water and sewerage company sites.
With the UK government demanding a 50% reduction in storm overflow spills by 2029, the era of reactive management is over. Speaking in the House of Commons on 21 July 2025, then environment secretary Steve Reed said, “This Government will cut water companies’ sewage pollution in half by the end of the decade.”
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.