SouthernWater

Southern Water Aims to Secure $900 Million to Safeguard Credit Ratings

2 months ago

In a strategic move to bolster its financial standing, Southern Water is actively seeking to raise $900 million. This initiative underscores the company’s commitment to preserving its credit ratings amid ongoing scrutiny and challenges faced by the water sector in the UK.

Southern Water's CEO Acknowledges Environmental Shortcomings: A Call for Improvement

3 months ago

In a significant admission, the CEO of Southern Water, a major water provider in the UK, has publicly apologized for the company's inadequate environmental performance. This revelation comes amid increasing scrutiny over the impact of wastewater practices on local ecosystems and communities. The CEO's statement signals a commitment to addressing these issues and improving the company's operational standards.

Macquarie's Challenges with Southern Water: A Divergence from Thames’ Model

5 months ago

In a recent declaration made by Ofwat, the water regulatory authority in England and Wales, it has been made clear that Macquarie’s management of Southern Water will not be conducted in the same fashion as its oversight of Thames Water. This announcement underpins the complexities and unique challenges that Southern Water faces, distinct from those encountered by Thames, which has become a focal point in discussions surrounding the future of water management in the UK.