USS acquires a minority stake in Thames Water Utilities Limited
Universities Superannuation Scheme Limited (USS), the sole corporate trustee of one of the UK’s largest pension funds, has agreed to acquire a combined 10.94% stake in Kemble Water Holdings Limited, the ultimate holding company of Thames Water Utilities Limited (Thames Water), from investors QSuper, Alberta Investment Management Corporation (AIMCo) and OPTrust. Following completion, USS will become the third largest shareholder in the company.