According to reports in The Telegraph, Goldman Sachs is preparing a £4 billion takeover bid for privately-owned utility Southern Water.
Sources close to the situation said Goldman Sachs has held talks with a number of parties about forming a consortium to bid for Southern Water.
Prudential's Infracapital fund, which was part of the Goldman Sachs consortium that bought Associated British Ports last year, is believed to have been approached, said the Telegraph.
Southern Water was made private by The Royal Bank of Scotland in a £2 billion deal in 2003, but they appointed Deutsche Bank to sell the holding in early 2007.
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.
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.
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.