Equitix is proud to announce its essential role in the consortium officially awarded the contract for the Haweswater Aqueduct Resilience Programme (HARP) by United Utilities. This major infrastructure initiative will play a critical role in securing the long-term water supply for communities across the North West of England.

Equitix will work in partnership with STRABAG and GLIL Infrastructure for the duration of the project, through the newly formed Cascade Infrastructure Ltd. The project involves the design, construction, financing and maintenance of the 110km Haweswater Aqueduct, including six tunnel sections. Originally constructed between 1933 and 1955, the aqueduct is now undergoing a vital upgrade to ensure continued supply of 570 million litres of clean drinking water required every day to residents in Cumbria, Lancashire, and Greater Manchester.

The contract for the project will run to an estimated construction cost of circa £3 bn and will span nine years of construction, followed by 25 years of maintenance, underscoring Equitix’s commitment to sustainable infrastructure and long-term partnerships.

This project is the first of its kind in the UK water sector approved by Ofwat to be delivered through a Direct Procurement for Customers (DPC) model to provide the best value for customers. The infrastructure project will bring a range of economic benefits to the region. As well as the creation of local jobs and apprenticeship opportunities, local companies across the route of the aqueduct will have the opportunity to get involved.

This award marks a significant milestone in Equitix’s continued growth and reinforces our position as a trusted leader in delivering complex infrastructure projects. Through HARP, Equitix is helping to meet the needs of UK-based investors seeking to invest in local infrastructure projects that deliver lasting, positive impact in their communities.

About Equitix

Established in 2007, Equitix is a leading mid-market infrastructure fund manager with over $15 billion under management. Equitix has invested in more than 300 assets in 24 countries across diversified sectors including renewables, transmission, and distribution, social infrastructure, transportation infrastructure, environmental services, and digital infrastructure. Equitix is helping to support the UK’s drive for sustainability and energy security, with social and environmental objectives embedded into a diverse portfolio of assets that strengthen regional, national, and international connections.

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