Anglian Water (‘AWG’) is the supplier of water and water recycling services to over six million domestic and business customers in the east of England and Hartlepool.
3i Infrastructure acquired its stake in AWG in 2007. Since then, AWG has invested over £4 billion to replace ageing infrastructure, improve resilience and address the imbalance between supply and demand in one of the UK’s driest regions. Through its innovative Love Every Drop strategy, AWG has reduced service interruptions, pollution incidents and leakage to record low levels.
In December 2017, 3i Infrastructure sold its stake in AWG to a consortium of Dalmore Capital and GLIL Infrastructure (the infrastructure investment joint venture between five local Government pension funds), generating gross proceeds of approx. £395 million.
This transaction involved a recommendation of 3i Investments plc.