Water
South East Water
Acquired
February 2005
UTA Ownership
50.0%
United Kingdom
South East England
Website
www.southeastwater.co.uk
South East Water is the largest water-only company by regulated capital value in England and Wales. South East Water provides water to approximately 2.2 million people in the South of England.
The asset is regulated by the United Kingdom water regulator Ofwat and operates under a perpetual licence.
Sydney Desalination Plant
Sydney Desalination Plant, located in Kurnell, was completed in 2010 and is Sydney's only rainfall independent source of drinking water. The plant has the capacity to supply around 250 megalitres of drinking water per day, approximately 15% of Sydney's water needs.
The plant is completely powered by renewable energy and is contracted to supply water to Sydney Water until 2062.
The cost of operating and maintaining the desalination plant is determined and regulated by the Independent Pricing and Regulatory Tribunal (IPART) in NSW.