Anglian Water Group

Anglian Water Group

AWG is the owner and operator of a regulated water and waste water utility serving 2.6m homes and over 125k businesses in the east of England, the UK’s driest region.

Under the ownership of Igneo, AWG revenues and earnings grew by 46% and 24% respectively.

In this period the business was established as an industry leader in operational performance with huge reductions in leakage incidents and supply interruptions and also achieved and maintained top three customer service rankings. AWG was the first utility in the world to launch sustainability linked bonds which included explicit interim carbon reduction targets and the business was recognised as an ESG champions with a formal pathway to Net-Zero by 2030.

Igneo funds exited AWG in 2022 to a third party investor which has retained Igneo as the manager of this stake.