Although Southern Water’s transformation will take time, the appointment of a new management team and investment by Macquarie has enabled the company to make initial progress against its commitments. Following Macquarie’s first year of ownership, Southern Water was awarded a two-star Environmental Performance Assessment Rating by the Environment Agency (compared to a one-star rating achieved in previous years).6 Southern Water is targeting a three-star rating by 2025.6 This achievement, amongst other early improvements to Southern Water’s operational performance, followed significant investment in equipment such as pumping stations and a new control room. A range of improvements to operat
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