South Staffordshire Water sold to private investment firm
South Staffordshire Water was sold by the Bahrain-based Arcapita Bank yesterday to the independent private investment firm Alinda Capital Partners at an estimated price of £400 millon.
Southern Water sold to J P Morgan group
JP Morgan Asset Management, together with Australian Challenger Infrastructure Fund, has bought Southern Water from owners Royal Bank of Scotland for ₤4.2 billion.
Ofwat announces the first new water and sewerage company since privatisation
Ofwat has appointed a new water and sewerage company – the first new company to offer both services since privatisation – by granting its twelfth inset appointment.
Ofwat publishes position paper into the change of ownership of Sutton and East Surrey Water
In its newly published position paper into the change of ownership of Sutton and East Surrey Water, Ofwat has concluded that there are no significant regulatory issues arising from the sale of Deutsche Bank's stake in Aqueduct Capital UK Ltd (ACUK).
Ongoing Pennon Group takeover rumours
Rumours still persist in the marketplace about a possible takeover bid for Pennon Group, owner of South West Water by the Spanish Group Aguas de Barcelona who own Bristol Water. Pennon share price closed 1.6% higher yesterday.
£4 billon takeover bid for Southern Water looks imminent
According to reports in The Telegraph, Goldman Sachs is preparing a £4 billion takeover bid for privately-owned utility Southern Water.
Profits size must match service given, says local water watchdog
The Consumer Council for Water in the Western region has called for Bristol Water to demonstrate how it is delivering value for money to customers, as the water company announced its annual financial results.
Southern Water up for sale
Royal Bank of Scotland (RBS) has put their water utility Southern Water up for sale for around £4 billion sources announced on Sunday.
United Utilities will de-list from NYSE
United Utilities has announced plans to remove itself from the New York Stock Exchange and de-register from the US Securities and Exchange Commission –in order to reduce compliance costs.
Ofwat proposing £8.5m fine on United Utilities water for breaching intra-group trading rules
Ofwat today published for consultation its proposal to fine United Utilities Water £8.5 million for non-compliant trading arrangements with associate companies.
News Showcase
-
Barhale completes two Rapid Action Taskforce Spills projects for Severn Trent
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent. -
Börger UK relocates to larger premises as sales continue to grow
Börger UK, which has firmly established itself as a leading pump brand since it was set up in Staffordshire in 2004, has moved into bigger, brand-new premises in Shrewsbury. -
Register for HUBER Technology UK webinar on water intake screens for municipal and industrial applications
HUBER Technology UK & Ireland are inviting people to register for their March webinar where they will be providing information about HUBER water intake screens for municipal and industrial applications. -
Sulzer launches global Water Treatment Center of Excellence for integrated water solutions
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner.
Expert Focus
News Sections
Other Latest News
- Water UK calls for EA self-monitoring regime to be scrapped - "abundantly clear public do not have faith in it"
- House of Commons EAC launches new inquiry into Treasury’s role in environment and climate policy
- SES Water uses new technology to cut smart meter rollout costs by 70% to over 30,000 properties
- Latest National Flood Risk Assessment shows c4.6 million properties now at risk - up 43% since last assessment in 2023
- Severn Trent awards c£16 million AMP8 contracts for Combined Heat and Power Units
- New market data warns six in ten businesses are based in seriously water-stressed region
Watch
-
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.
Top Stories
- Water UK calls for EA self-monitoring regime to be scrapped - "abundantly clear public do not have faith in it"
- Latest National Flood Risk Assessment shows c4.6 million properties now at risk - up 43% since last assessment in 2023
- Severn Trent awards c£16 million AMP8 contracts for Combined Heat and Power Units
Login / Register
New Account Registrations
To register for a new account with Waterbriefing, please contact us via email at waterbriefing@imsbis.org
Existing waterbriefing users - log into the new website using your original username and the new password 'waterbriefing'. You can then change your password once logged in.