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Media centre
Following consultation, Ofwat has changed the appointment conditions of Sutton and East Surrey Water plc (SES Water). This will maintain the protection of SES's customers, following changes to the company's ownership. In January 2006 Aqueduct Capital UK Ltd., a company owned by the Deutsche Bank AG group, acquired East Surrey Holdings Group, SES Water's parent company. Notes to Editors: 1. The Water Services Regulation Authority (Ofwat) is the economic regulator of water and sewerage companies in England and Wales. It exercises its powers in a way that it judges will allow companies to carry out their functions properly, and finance them. Its duties include protecting the interests of consumers, wherever appropriate by promoting effective competition. 2. A copy of the consultation paper and subsequent position note are available on the Ofwat website, www.ofwat.gov.uk or from the Ofwat library on 0121 625 1373. 3. Sutton & East Surrey Water supplies water services to more than 270,000 properties in the London boroughs of Croydon and Sutton and parts of Surrey, Kent and Sussex. MEDIA ENQUIRIES TO OFWAT PRESS OFFICE ON: 0121 625 1322/1442/1416/1496. Out of hours enquiries to: 0121 625 1300. Ofwat publications and press notices can be found on Ofwat's website at: www.ofwat.gov.uk
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