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greentricky
mespilus
Thames Water: the existing assets need to be placed in a sovereign wealth fund.
The assets that were privatised were paid for by either Water Rates payers or central government.
Any assets installed since privatisation have been funded by Water Bill payers, as far as I know, no management team at TW has taken on debt or loans to fund increases in assets, only to pay dividends, and disproportionate executive salaries. Once the assets are ringfenced, asset managers can bid for management contracts, that stipulate environmental targets, to include minimising leaks of drinking water and zero discharge of untreated sewage into rivers.