PR24 appeals - Ofwat tells Competition and Markets Authority “we stand by our PR24 determinations”
Ofwat has told the Competition and Markets Authority “we stand by our PR24 determinations” as the competition regulator begins the process of examining requests by five water companies to review Ofwat’s decisions on their AMP8 business plans.
Rising water sector risk: Fitch Ratings sees higher risk in AMP8 for water companies
Fitch Ratings says it sees moderately higher business risk in AMP8, mainly driven by heightened exposure to environmental risk, increasing public scrutiny, and higher clawback risk, which is linked to the price control deliverables (PCDs) mechanism.
PR2024 appeals – Ofwat says FDs “based on robust examination of all funding requests … we will be re-stating our case”
Ofwat has confirmed that six companies have requested references to the Competition and Markets Authority (CMA).
Ofwat Final Determination - Wessex Water appeals to Competition & Markets Authority
Wessex Water has today asked the Competition and Markets Authority (CMA) to review Ofwat’s Final Determination setting how much the company can invest in vital water and sewerage improvements over the next five years.
Northumbrian Water asks Ofwat to refer PR24 Final Determination to Competition and Markets Authority
Northumbrian Water has today announced it has asked Ofwat to refer its PR24 Final Determination to the Competition and Markets Authority (CMA).
Southern Water to appeal Ofwat decision on AMP8 Business Plan to Competition & Markets Authority
Southern Water has today confirmed its intention to appeal Ofwat’s Final Determination for 2025-30 on its AMP8 Business Plan to the Competition and Markets Authority.
South East Water requests referral of Ofwat’s decision on AMP8 Business Plan to Competition and Markets Authority
South East Water has today announced that it has asked Ofwat to refer its PR24 Final Determination on its AMP8 Business Plan to the Competition and Markets Authority for a redetermination.
Portsmouth Water accepts Final Determination from Ofwat on AMP8 Business Plan
Portsmouth Water has today officially accepted the PR24 Final Determination from Ofwat, confirming the company’s largest ever investment plan will begin from April 2025.
Anglian Water to appeal to Competition and Markets Authority over Ofwat’s PR24 Final Determination
Anglian Water’s Board has asked Ofwat to refer its PR24 Final Determination to the Competition and Markets Authority (CMA) - its AMP8 Business Plan was one of the largest infrastructure proposals in the sector, totaling £11.2 billion.
Pennon Group PLC accepts Ofwat’s Final Determination on £3.2 billion AMP8 Business Plans
Pennon Group PLC, owners of South West Water (SWW) and Sutton and East Surrey (SES), has accepted Ofwat’s Final Determination announced in December, following their respective outstanding and good/standard AMP8 business plan assessments.
News Showcase
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Albion Water appoints new Director of Business Development
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development. -
Webinar to explore moving indirect potable water reuse to full implementation
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality. -
Kohtari CEO says joined-up water intelligence needed to predict, not just react - not more data
James Sumsion, CEO of predictive water intelligence specialists Kohtari, says the water sector needs to take a giant leap forward, so that it can anticipate and act upon water quality issues - rather than merely react. -
IED compliance – using automated sliding floodgates to support secondary containment at water and sewerage company sites
Ray Moulds, Sales Director at Flood Control International, takes a look at how automated sliding floodgates are supporting secondary containment at water and sewerage company sites.
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