The changing role of a water company
- From: Vol 3, Issue 7 (July 2002)
- Category: Companies
- Region: Europe
- Country: United Kingdom
- Related Companies: Anglian Water, AWG, Iberdrola, Mitsubishi, Morrison Construction, Thames Water and Yorkshire Water
Anglian Water International, the international services division of the newly restructured AWG, was awarded a Queen’s Award for Enterprise earlier this year. On the occasion of the presentation of the award by the Lord-Lieutenant of Cambridgeshire, Peter Allison talked to the managing director of AWG’s infrastructure business, Tony Eckford, about the group’s reorganisation and new capital structure.
Q. Can you start by describing how the AWG business has been reorganised?
A. There are two aspects to the reorganisation. One is financial restructuring and the second is organisational. In terms of the financial aspect, Anglian Water Services (AWS) has been ring-fenced and separate debt is being raised against it. The objective is to replace all of our existing ...
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