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Media centre
The changes are designed to protect customers following the company's recent acquisition by Terra-Firma Investments (GP) 2 Limited though its acquisition vehicle Kellen Acquisitions Limited. Ofwat proposes to make modifications to bring the company's appointment into line with the current standard for other water companies. This would ensure that Sutton and East Surrey's ability to carry out and finance its work as a water company is not put at risk from other activities carried out within its group. The company has already agreed to act as if these modifications are in place. Sutton and East Surrey Water supplies water to more than 250,000 homes and around 18,000 business customers in the London boroughs of Croydon and Sutton and parts of Surrey, Kent and Sussex. Notes to editors: 1. A complete copy of the proposals is available on Ofwat's website www.ofwat.gov.uk or from the Ofwat library on 0121 625 1373. 2. Representations or objections to the proposals should be sent in writing to Keith Mason, Director of Regulatory Finance, Ofwat, Centre City Tower, 7 Hill Street, Birmingham B5 4UA (email keith.mason@ofwat.gsi.gov.uk) by 17.00hrs on 9 December 2005. 3. The Director General of Water Services is the economic regulator of the water and sewerage companies in England and Wales. He exercises his powers in a way that he judges will allow them to carry out their functions properly, and finance them. 4. Media enquiries to Ofwat press office on 0121 625 1416/1442/1496.  | ||||||
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