{"id":233672,"date":"2021-08-18T12:40:22","date_gmt":"2021-08-18T04:40:22","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=233672"},"modified":"2021-08-18T12:42:56","modified_gmt":"2021-08-18T04:42:56","slug":"macquarie-buys-majority-stake-in-southern-water","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/en\/macquarie-buys-majority-stake-in-southern-water\/","title":{"rendered":"Macquarie buys majority stake in Southern Water"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;CNR NEWSLETTER&#8221; module_class=&#8221;cnl-wrapper&#8221; _builder_version=&#8221;4.4.3&#8243; locked=&#8221;off&#8221;][et_pb_row admin_label=&#8221;Header&#8221; module_class=&#8221;cnr-nl-header&#8221; _builder_version=&#8221;4.4.3&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.2&#8243;][et_pb_text admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.9.7&#8243;]<div class=\"cnl-header\">\r\n<div class=\"cnl-type\">NATURAL RESOURCES<\/div>\r\n<div class=\"cnl-issue\">News<\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.4.3&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.9.4&#8243;]<div class=\"cnl-logo\">\r\n<img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo.jpg\" alt=\"Charltons Natural Resources\" \/>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.9.1&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.9.7&#8243;]<div class=\"cnl-banner\">\n<div class=\"cnl-banner-image\"><img decoding=\"async\" src=\"\/legal\/news\/2021\/08\/macquarie-buys-majority-stake-in-southern-water.jpg\" alt=\"Macquarie buys majority stake in Southern Water\" \/><\/div>\n<div class=\"cnl-title\" style=\"background-color:rgba(0,0,0,0.2)\">\n<div>\n<span>August 2021<\/span>\n<h1>Macquarie buys majority stake in Southern Water<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.9.1&#8243; _module_preset=&#8221;default&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.9.0&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.9.7&#8243; _module_preset=&#8221;default&#8221;]<p class=\"mt-40\" >Macquarie has acquired a majority stake in Southern Water for in excess of GBP1 billion. The acquisition by Macquarie in the water supplies and sewage treatment company will dilute the stake of existing shareholders which include PE firms, banks and infrastructure funds. Head of Macquarie Infrastructure and Real Assets has said that Southern Water <em>\u201cneeds significant investment to improve its operational and environmental performance and financial health. Without it, the business will be unable to fulfill its expectations.\u201d<\/em> The investment comes a few weeks after Southern Water was fined GBP 90 million for deliberately dumping raw sewage in rivers and seas. <\/p>\n\n\n<p>Source: <a href=\"https:\/\/www.ft.com\/content\/36e18def-3ecf-4810-8ca9-2f316f6a7bbd\" target=\"_blank\" rel=\"noopener\">https:\/\/www.ft.com\/content\/36e18def-3ecf-4810-8ca9-2f316f6a7bbd<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Button Navs&#8221; _builder_version=&#8221;4.4.3&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;navs&#8221; _builder_version=&#8221;4.9.1&#8243;]<div class=\"cnl-bott-navs\">\r\n<div><span><\/span><a href=\"https:\/\/charltonsnaturalresources.com\/en\/barrick-gold-continues-positive-run\/\" target=\"_self\">Barrick Gold continues positive run<\/a><\/div>\r\n<div><a href=\"https:\/\/charltonsnaturalresources.com\/en\/orefox-receives-funding-boost\/\" target=\"_self\">OreFox receives funding boost<\/a><span><\/span><\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.9.1&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.9.7&#8243;]<div class=\"cnl-legal-advice\">\r\n<h3>This newsletter is for information purposes only.<\/h3>\r\n<p>Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases.\r\nTransmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser.\r\nCharltons is not responsible for any third party content which can be accessed through the website.<\/p>\r\n<p>If you do not wish to receive this newsletter please let us know by emailing us at <a href=\"mailto:unsubscribe@charltonslaw.com\">unsubscribe@charltonslaw.com<\/a><\/p>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.9.7&#8243; disabled=&#8221;on&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.9.7&#8243;]<div class=\"cnl-footer\">\n        <div class=\"cnl-footer-award\">\n                <div>\n                       <img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo_footer.png\">\n                        <h2>Boutique Transactional Law Firm of the Year 2020<\/h2>\n                        <span>Asian Legal Business Awards<\/span>\n                <\/div>\n        <\/div>        \n<\/div>\n<div class=\"cnl-foot-address\">\n        <div>Hong Kong Office: Dominion Centre, 12th Floor, 43-59 Queen\u2019s Road East, Hong Kong Tel: + (852) 2905 7888 Fax: + (852) 2854 9596<\/div>\n        <div>Website: <a href=\"https:\/\/www.charltonslaw.com\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.charltonslaw.com<\/a><\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"<p>NATURAL RESOURCES News August 2021 Macquarie buys majority stake in Southern Water Macquarie has acquired a majority stake in Southern Water for in excess of GBP1 billion. The acquisition by Macquarie in the water supplies and sewage treatment company will dilute the stake of existing shareholders which include PE firms, banks and infrastructure funds. Head of Macquarie Infrastructure and Real Assets has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":233677,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"fifu_image_url":"https:\/\/charltonsnaturalresources.com\/legal\/news\/2021\/08\/macquarie-buys-majority-stake-in-southern-water-thumb.jpg","fifu_image_alt":"Macquarie buys majority stake in Southern Water","footnotes":""},"categories":[23],"tags":[],"class_list":["post-233672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","cat-23-id"],"_links":{"self":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/233672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/comments?post=233672"}],"version-history":[{"count":4,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/233672\/revisions"}],"predecessor-version":[{"id":233678,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/233672\/revisions\/233678"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media\/233677"}],"wp:attachment":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media?parent=233672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/categories?post=233672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/tags?post=233672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}