Kemble Water Limited
Encyclopedia
Kemble Water Limited is a wholly owned subsidiary
of Kemble Water Holdings Limited, which is a consortium led by Macquarie Group
s' European Infrastructure Funds and which includes non-Macquarie pension funds and institutional investors. It was formed to facilitate the purchase of Thames Water
from RWE
in 2006, and is now the parent company of Thames Water.
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
of Kemble Water Holdings Limited, which is a consortium led by Macquarie Group
Macquarie Group
Macquarie Group Limited is a global investment banking and diversified financial services group, providing banking, financial, advisory, investment and funds management services to institutional, corporate and retail clients and counterparties around the world...
s' European Infrastructure Funds and which includes non-Macquarie pension funds and institutional investors. It was formed to facilitate the purchase of Thames Water
Thames Water
Thames Water Utilities Ltd, known as Thames Water, is the private utility company responsible for the public water supply and waste water treatment in large parts of Greater London, the Thames Valley, Surrey, Gloucestershire, Wiltshire, Kent, and some other areas of in the United Kingdom...
from RWE
RWE
RWE AG , is a German electric power and natural gas public utility company based in Essen. Through its various subsidiaries, the energy company contributes electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe...
in 2006, and is now the parent company of Thames Water.