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. 

Overview

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.

How we added value

• Invested over £4 billion to replace ageing infrastructure, improve resilience and address supply and demand imbalance in one of the UK’s driest regions
• AWG’s commitment to responsible development was recognised when it was named Responsible Business of the Year 2017 by Business in the Community
• For the financial year to March 2016, AWG ranked second among the Water and Sewerage Companies in Ofwat’s Customer Service Survey
• AWG was ranked second in Glassdoor's list of the top 20 best places to work in the UK in December 2017

Regulatory information
This transaction involved a recommendation of 3i Investments plc.