Alinda Capital Portfolio Co. Buys Cambridge Water

Law360, New York (October 4, 2011, 12:30 PM EDT) -- South Staffordshire PLC, a British water company owned by infrastructure-focused private equity firm Alinda Capital Partners Ltd., said Tuesday it bought Cambridge Water PLC for an undisclosed price from HSBC Bank PLC, which had purchased the company just weeks ago.  

Cambridge Water supplies 310,000 people in the city of Cambridge and surrounding areas and is about one-fourth the size of its new parent, South Staffordshire executive director Adrian Page said.

South Staffordshire has about 1.25 million customers and turned an operating profit exceeding $43 million during...
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