aS&P Global Ratings has removed its CreditWatch negative on the 'BBB-' ratings on the debt issued by Southern Water (Finance) PLC, Southern Water’s financing vehicle, and assigned a negative outlook to the rating.
Southern Water has this morning welcomed an announcement that funds managed by Macquarie Asset Management have agreed to invest an additional £550 million of equity into the Southern Water group.
Macquarie Asset Management, on behalf of its institutional clients, has finalised a £120 million debt investment in the holding company of Anglian Water in the United Kingdom.
Macquarie Asset Management, on behalf of its long-term investors including pension funds and insurance companies, has today announced it has agreed to acquire a majority stake in Southern Water and will invest over £1 billion in new equity to recapitalise the business.
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent.
Börger UK, which has firmly established itself as a leading pump brand since it was set up in Staffordshire in 2004, has moved into bigger, brand-new premises in Shrewsbury.
HUBER Technology UK & Ireland are inviting people to register for their March webinar where they will be providing information about HUBER water intake screens for municipal and industrial applications.
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.