Macquarie Asset Management acquires majority stake in Southern Water and invests over £1bn-plus in new equity
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.
Plans for £850m Swansea Bay tidal lagoon plan submitted
Tidal Lagoon Power Ltd (TLP) today took a major step towards realising one of the UK’s most game-changing infrastructure projects: the £850 million Swansea Bay Tidal Lagoon - the largest tidal power plant in the world.
Blair connection with Thames Water overseas investors?
A report in yesterday’s Sunday Times newspaper has suggested that former UK Prime Minister Tony Blair may have advised two sovereign wealth funds - the China Investment Corporation (CIC) and the Abu Dhabi Investment Authority (ADIA) on investing in Thames Water.
News Showcase
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South West Water explores new approach to sludge dewatering in UK-first municipal trial
South West Water has hosted the first municipal trial of the Fournier Rotary Press in the UK, assessing its potential to improve sludge dewatering performance and support future biosolids standards. -
Uniwater strengthens its UK presence with acquisition of Hy‑Ram Engineering
Uniwater has acquired Hy-Ram Engineering, a specialist in tooling, products and hire for the water sector, based in Mansfield, England. -
Enpure Ltd and Clean TeQ Water Ltd in new collaboration for Moving Bed Ion Exchange-based nutrient removal
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. -
BactoSense ID cuts wastewater and bathing water bacteria testing from days to minutes
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.
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Other Latest News
- United Utilities tenders £720 million AMP8 contract for Design and Integration Partner
- Yorkshire Water tenders £361 million AMP8 contract for end-user computing equipment and services
- Northumbrian Water starts work on £18.3m investment programme to improve resilience in remote locations
- Uisce Éireann progresses work on €29.5 million Ballinamuck Water Treatment Plant upgrade
- WICS annual report on Scottish Water’s performance flags up growing concerns around delivery of several longer-term commitments
- United Utilities' Barrow project reaches major milestone as piling work begins
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Southern Water showcases last footage inside Yew Hill Reservoir before filling
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. -
Scottish Water completes £235m investment in two-way connection between drinking water networks
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. -
United Utilities accelerates investment to reduce spills from storm overflows across Northwest
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Top Stories
- United Utilities tenders £720 million AMP8 contract for Design and Integration Partner
- Yorkshire Water tenders £361 million AMP8 contract for end-user computing equipment and services
- WICS annual report on Scottish Water’s performance flags up growing concerns around delivery of several longer-term commitments
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