IWJS, one of the UK’s leading wastewater service providers and part of the Utilities Division of M Group Services has been awarded a major new AMP7 framework contract by Severn Trent.
City analysts said they still expect takeover deals in the utilities sector despite the current regulatory review in the water sector, according to the London Evening Standard (LES).
Severn Trent has said the LongRiver Partners consortium has "not been able, or willing, to bridge the value gap" after the suitors walked away from a potential deal yesterday.
Borealis Infrastructure Management and its partners in the LongRiver Consortium have announced the abandoning of a £5.3 billion offer for Severn Trent.
2011 has already seen a number of successful prosecutions brought by Severn Trent Water against a number of companies for illegal discharges into the sewer network.
Neil Woodford, Head of Investment and water stocks investor at Invesco Perpetual, has reduced his exposure to the water industry, making approximately £400m worth of recent disposals in the industry’s FTSE 100 companies.
Attendees at next month’s National Civils Show, Floodex, National Drainage Show and Waterways Management on 26th and 27th November are set to benefit from an expert speaker line-up and the opportunity to visit a wide range of exhibitors all co-located in one place at Excel, London, one of the UK’s leading international exhibition and convention centres.
Tackling leakage is one of the fastest and most cost-effective ways for utilities to bolster water security, writes Ben Crabtree, Product Line Director, Ovarro, revealing how the potential of smart technologies is being demonstrated around the world.
UK-headquartered South Staffordshire Plc, the integrated services group operating within the UK critical infrastructure and essential services markets, has received a prestigious Royal Society for the Prevention of Accidents (RoSPA) Award for global health and safety excellence.
Balfour Beatty, the UK’s largest construction and infrastructure provider, has delivered exceptional environmental results on the Thames Estuary Asset Management 2100 (TEAM2100) framework, one of the nation’s most ambitious flood defence initiatives.