Who is the CEO of Southern Water?

Who is the CEO of Southern Water?

Ian McAulay (Jan 2017–)
Southern Water/CEO

Ian McAulay Ian joined Southern Water as CEO in January 2017 and was appointed to the Board from 1 February. Ian has more than 30 years of global water and environmental experience and a significant record of achievement operating in both publicly quoted FTSE 100/250 companies and privately held enterprises.

How much profit did Southern Water make in 2020?

The company, which supplies water to 2.6 million homes and businesses in East and West Sussex, Kent, Hampshire and the Isle of Wight, generated an operating profit of £138.8 million in the year to the end of March, down from £212.3 million a year earlier.

Who has bought Southern Water?

Macquarie buys majority stake in Southern Water for £1billion. AN INVESTMENT bank has bought a majority stake in Southern Water for £1 billion, a month after the utility company was fined a record £90 million for widescale pollution.

Who owns Southern Water company?

SWS Holdings Ltd.
Southern Water/Parent organizations

Is Southern Water French owned?

French environmental services group Veolia has sold its 25% stake in Southern Water to a consortium of fellow investors, headed by Royal Bank of Scotland, in a deal thought to be worth about £250m. The main operating company, now wholly owned by Southern Water Capital, would retain its board.

How much profit did Southern Water make last year?

Letter: Southern Water walked off with £139m profit last year, and that’s after a £90m fine.

Who owns Greensands Holdings?

Greensands is in turn owned by a series of investment and infrastructure funds, including UBS Asset Management (UK), JP Morgan Asset Management (US), Whitehelm Capital (Australia) and Hermes Infrastructure Funds (UK), amongst other.

Is Thames Water a private company?

Thames Water Utilities Ltd, known as Thames Water, is a large private utility company responsible for the public water supply and waste water treatment in most of Greater London, Luton, the Thames Valley, Surrey, Gloucestershire, north Wiltshire, far west Kent, and some other parts of England; it has a considerable …

Is Southern Water British owned?

Southern Water is privately owned (through a series of holding companies) by the single-purpose company Greensands Holding Limited. Southern Water supplies water and sewerage services to customers across the south of England. They lose 88.1 million litres of water per day from the pipes in their network!

Who owns southeast water?

South East Water (Holdings) Limited
South East Water/Parent organizations

Who is the biggest water company in the UK?

United Utilities Water
United Utilities Water is the UK’s largest operator of water systems delivering 2,000 million litres a day to 2.9 million households. United Utilities Water derives 92% of its water supply from rivers and reservoirs and the other 8% from boreholes and aquifers.

Who owns Thames Water now?

Kemble Water Limited
Thames Water Utilities Holdings Limited
Thames Water/Parent organizations
Thames Water is regulated under the Water Industry Act 1991 and is owned by Kemble Water Holdings Ltd, a consortium formed in late 2006 and formerly owned by Australian-based Macquarie Group’s European Infrastructure Funds specifically for the purpose of purchasing Thames Water.

Why is Southern Water paying £123 million back to customers?

Southern Water is to pay £123 million back to customers following an investigation that found the company had shown “scant regard” for the environment and deliberately acted to deceive its customers. After a two-year investigation, water regulator Ofwat found Southern Water had failed to operate a number of its wastewater treatment works properly.

Who supplies the water in Southern Water?

Some areas within the Southern Water region are supplied by a number of smaller water supply companies. Southern Water supplies an area totalling 4,450 sq. km. and serves 2.26 million customers.

What does Southern Water Capital Ltd do?

Southern Water Capital Ltd. Website. southernwater.co.uk. Southern Water is the private utility company responsible for the public wastewater collection and treatment in Hampshire, the Isle of Wight, West Sussex, East Sussex and Kent, and for the public water supply and distribution in approximately half of this area.

What happened to Southern Water Services Limited?

In 2002, Scottish Power sold the company to First Aqua Limited. In October 2007, Greensands Investments Limited purchased Southern Water Capital Limited, the owners of Southern Water Services Limited.