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 has appointed a new water and sewerage company – the first new company to offer both services since privatisation – by granting its twelfth inset appointment.
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).
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.
According to reports in The Telegraph, Goldman Sachs is preparing a £4 billion takeover bid for privately-owned utility Southern Water.
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.
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 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 today published for consultation its proposal to fine United Utilities Water £8.5 million for non-compliant trading arrangements with associate companies.
Water Authority Severn Trent revealed yesterday that it will be cutting 600 jobs over the next five years.
PureTec Separations, the Ledbury-based water treatment engineering firm, has appointed Dan Norman as its new Sales Manager – Water Process Systems, supporting the company’s continued growth in the UK and international markets.
bNovate has launched BactoCloud, a secure cloud-based platform that connects and manages its BactoSense instruments, enabling real-time monitoring and optimization of microbial water quality.
Amiblu, a global leader in Glass Reinforced Plastic (GRP) pipe systems for wastewater, stormwater, drinking water, irrigation, hydropower, and industrial applications, has announced the appointment of Martyn Turton as its Sales Director for the UK & Ireland, driving strategic market development in the infrastructure and water sectors, effective immediately.
As a project manager at Metasphere, a Grundfos-owned remote telemetry company at the cutting edge of innovation, Fey McHarg, has witnessed firsthand how the intelligent harnessing of data, specifically through the data-as-a-service model, is fundamentally reshaping and revolutionising the water sector.