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Company Overview

Water Utilities Australia delivers the highest standards of customer service and has a number of experienced staff to deal with regulators and attend to regulatory compliance matters. All day to day operations are managed by either employees or contractors within Australia, depending on the size and circumstances of the utility. Professional engineers are engaged, as required, to ensure all engineering work is properly and professionally performed. Where an additional capital investment is required to refresh owned assets or expand existing assets, planning approvals are obtained and work is performed by experienced contractors, mostly engaged from local communities to promote local employment.

In December 2016, Water Utilities Australia acquired two operating businesses, the Willunga Basin Water Company and the Lightsview ReWater Supply Company, both located in South Australia. Following this, in November 2017, Water Utilities Australia acquired Kooragang Water in New South Wales. Most recently in September 2019, Water Utilities Australia acquired AquaNet, also located in New South Wales.

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Water Utilities Australia has developed an extensive list of potential acquisition opportunities and has actively engaged with the owners of these assets to progress their divestment. These owners come from a variety of diverse backgrounds, ranging from local government, mining & resource companies and agricultural enterprises. The potential assets available to be acquired from these owners range from potable water, sewage, treated wastewater, industrial process water and irrigation infrastructure.

Water Utilities Australia’s cost of capital from superannuation funds means it is able to provide water or sewerage services at the same retail price as existing owners, meaning that a change in ownership does not of itself cause an uplift in retail price. Typically, Water Utilities Australia invest at the same regulated cost of capital as that set by economic regulators for the larger metro and rural water utilities. Prices will inevitably change as expenditure increases or upgrades are delivered, but not as a consequence of government capital being replaced by super fund capital.

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