Todays Australian has a great article about the problems facing mbl.
Problems stem from the state former owners left the joint to the infrastructure (pipeline leakages) and regulatory requirements/hurdles that have to be met.
No doubt with the amount of money paid by the mbl led consortium that it will be all systems go to get as much performance fees and get it right.
A breakthrough for the group in the UK no doubt.
MBL
macquarie bank limited
mbl group buys thames water, page-3
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