Moody's downgrades Thames Water and warns of “reputational and financial challenges”
Moody's Investors Service has today changed its outlook on Thames Water’ s Baa1 corporate family rating from stable to negative. The ratings agency is also warning that the firm is “exposed to reputational and financial challenges that other companies in the sector do not face.”
Fitch affirms Thames Water (Kemble) Finance PLC's Bond at 'BB' Ratings
Fitch Ratings has affirmed Kemble Water (a holding company of Thames Water) Utilities Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook and senior secured rating at 'BB'.
Irish Water accused of making mockery of ‘free allowance’ standing charge
Fianna Fáil has accused Irish Water of making a mockery of the concept of a free water allowance by seeking a €100 standing charge from every household before they even use any water.
Government funds Balfour Beatty infrastructure skills academy
Balfour Beatty, the international infrastructure group, is to set up a national UK training academy following the award of £4.4 million of funding through the Government’s Employer Ownership of Skills pilot scheme.
WSP Global acquires French engineering firm
WSP has concluded a deal to acquire TPS, a French company specializing in building and infrastructure engineering.
New MD at Hyder to lead utilities sector
Multinational design and engineering consultancy Hyder Consulting has appointed Simon Bradley to the role of Sector Managing Director of its UK Utilities business.
Novel IP has potential to reduce energy bills in water treatment by 20%
Lontra, a fast growing Midlands firm, has secured the first global license for its Blade CompressorTM technology. The deal signed today with Sulzer, a global leader in pumping equipment with 21 manufacturing facilities worldwide, will see aeration equipment incorporating the British technology sold across 150 countries.
Costain/Open-Energi initiative will save money and carbon for water sector
Engineering firm Costain has launched a new venture called COdemand which it expects to deliver revenue and carbon savings to its clients in the water industry.
Export success for Partech in Indonesian and Malaysian markets
A focus on export business in the Indonesian and Malaysian markets has resulted in a 100% increase in sales within the Partech catalogue, marking a huge success for the UK-based company in their 50th year.
Korean acquisition strengthens Rotork’s position in overseas markets
Market leading actuator manufacturer and flow control Rotork plc has strengthened its position in overseas markets with the acquisition of Korean-based company Young Tech Co. Ltd. (YTC).
News Showcase
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Safe access solutions a key requirement for water sector and other Critical Infrastructure Providers
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets. -
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.
Expert Focus
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Scottish Water completes £235m investment in two-way connection between drinking water networks
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply. -
United Utilities accelerates investment to reduce spills from storm overflows across Northwest
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest. -
Working for WSP - what if you could build a career as unique as you? With us, you can
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.
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