Canadian, Kuwaiti investors take stake in U.K.'s Thames Water: Reuters
A consortium of Canadian and Kuwaiti investors has agreed to buy a minority stake in Thames Water from funds managed by Macquarie, ending the Australian group's 11-year investment in Britain's largest water company, Reuters reported. Borealis Infrastructure, infrastructure investment manager for OMERS, and the infrastructure investing arm of the Kuwait Investment Authority are buying a 26 percent stake in Kemble Water Holdings, the holding company of Thames Water. No financial details were disclosed. Thames Water serves 15 million customers across London, the Thames Valley and surrounding areas. It supplies 2.6 billion liters of drinking water per day.
14 March 2017•2 mins read
