First Sentier Investors (FSI), managers of infrastructure assets on behalf of institutional investors in the UK with in excess of £1.2 billion of equity, including an investment in Anglian Water, has told the Competition and Markets Authority it is “disappointed and concerned to see the CMA reversing key aspects of its Provisional Findings”.

In the run-up to Ofwat’s Final Determinations for the water companies’ AMP7 business plans on 16^th December, Anglian Water’s Chief Executive Peter Simpson has once again warned that its plan is “not financeable” based on Ofwat’s Draft Determination.

South East Water has challenged key aspects of Ofwat’s draft determination on the company’s five-year AMP7 business plan for the period 2020 to 2025.

Water regulator Ofwat has today given its initial assessment of water companies’ business plans for 2020-25. Three water companies – Severn Trent, South West Water and United Utilities – have delivered such high-quality plans that they have already been fast-tracked and given the green light by Ofwat.

Water industry regulator Ofwat has today launched a consultation on the methodology for its forthcoming 2019 price review, the framework that regulates the price and service packages water companies must deliver for their customers for the 2020-25 period.