South East Water
| Type | Private |
|---|---|
| Industry | Water supply services |
| Headquarters | Snodland, Kent, United Kingdom |
| Employees | 5,000 |
| Parent | Hastings Diversified Utilities Fund, Utilities Trust of Australia |
| Website | southeastwater.co.uk |
South East Water supplies drinking water to 2.1 million customers in Kent, Sussex, Surrey, Hampshire and Berkshire.
Each day the company supplies 565 million litres of drinking water from water treatment works along more than 14,500 kilometres of water mains to customers’ taps. The company's supply area covers 5,657 square kilometres. The company takes water from rivers, reservoirs and underground sources, called aquifers, under abstraction licences issued by the Environment Agency, it is then treated it to the highest standards set by the Drinking Water Inspectorate.
South East Water merged with Mid Kent Water in December 2007 to bring together two key water companies in the South East of England into one company. The company is owned by CDPQ (Caisse de dépôt et placement du Québec) and the unlisted Utilities Trust of Australia (UTA).
CDPQ is one of the largest institutional fund managers in Canada and North America, managing investments worth around £130 billion, and is a shareholder in more than 4,000 companies worldwide.
Established in 1994 and one of Australia’s first infrastructure investment funds, UTA has approximately A$2 billion in funds under management with investments in Australia, the US, UK and Europe. UTA is managed by Hastings Funds Management Ltd.
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