Ofwat appoints South East Water to replace Mid Kent Water
Ofwat has terminated Mid Kent Water's appointment as a water service provider.
South East Water and Mid Kent Water to merge this month
The merger of South East Water and Mid Kent Water looks set to take place later this month, subject to final regulatory clearance. The merger of the two water companies will create the second-largest water supply company in England and Wales.
Water watchdog challenges Bristol Water’s proposed price increase
The Consumer Council for Water has challenged Bristol Water’s bid to further increase its prices for the next two years.
£3 billion takeover bid for Yorkshire Water
The Board of Kelda Group plc, owners of Yorkshire water, notes the movement in its share price and confirmed yesterday that it has received an approach from an infrastructure consortium backed by Citigroup Alternative Investments LLC, GIC Special Investments Pte Ltd Infracapital Partners LP and HSBC Bank plc.
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.
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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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. -
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Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest. -
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